Kaizen

Matthew Vincent, head of our MiFIR Reporting subject matter expert team, discusses the key themes highlighted in European Securities and Markets Authority (ESMA)'s consultation on Level 2 measures under the MiFIR Review. The consultation on the amended RTS 22 (the transaction reporting rules) was announced last week. The deadline for feedback is 3 January 2025. What changes are being proposed for transaction reporting? Find out in our latest blog: https://lnkd.in/egycHTpH #mifir #mifidii #transactionreporting #regulatorychange

First London, now Sydney! Hot on the heels of our efforts in London, Kaizen's representative in Australia, Andrew King joined more than 12,000 runners to complete the J.P. Morgan Corporate Challenge in Sydney's Centennial Park last week. The 5.6km race is the world's largest corporate running event. Earlier this year 15 Kaizeners took part in the London race. Thank you and well done Andrew! 👏 🏃♂️ #JPMCC #JPMorganCorporateChallenge #sydney #charityrun

Congratulations to Kaizener Joseph Awonusi (pictured front, second from left) who represented Great Britain by playing American Football for the GB Men’s team against Sweden and Germany this month in the 2024/25 IFAF European Championship. Joseph is a data analyst in our SFTR assurance team. Well done Joseph, we are extremely proud of you!  👏 🏈   #americanfootball #TeamGB #kaizener

Hot off the press! Our North American Reporting Director, Alan McIntyre, reacts to the news that the ROC have published a consultation on Regulatory Reporting CDE guidance.

Kaizen’s EMIR Reporting Director, Tim Hartley spoke to Samuel Wilkes at Risk.net about how firms are dealing with backloading their EU EMIR Refit derivatives reporting following the go-live on 29 April. “What we’ve seen from speaking to trade repositories and looking at our own data is that roughly 75-80% of derivatives that were open before Refit went live have been updated, which sounds positive, but to get the other 20% updated. That's cutting it very fine to get those trades updated.” Read the full article here (subscription needed): https://lnkd.in/eq7ReTSK #EMIR #EMIRRefit #regulatorychange #regulatoryreporting #tradereporting #derivativesreporting #regulatorycompliance 

The Financial Conduct Authority has released Market Watch 80 which focuses on the potential risks for firms that trade for overseas clients who operate aggregated accounts with unknown ultimate beneficial owners (UBOs). There's a number of steps that firms can take to mitigate these risks, including modifying and updating risk frameworks. Our Subject Matter Expert for Market Abuse Regulation and Surveillance Simon Appleton takes a deeper look at the latest Market Watch newsletter and highlights the key points. Please contact us if you’d like to discuss your market abuse and surveillance requirements, we’d be delighted to hear from you 😊 . Read more: https://lnkd.in/e2yPpd3t #surveillance #marketabuse #regulation #regtech #Compliance #FCA #MarketWatch #FinTech

From today, firms with ASIC and MAS reporting obligations are operating under a new landscape with the go live of new G20 derivative reporting rules for firms operating in Australia and Singapore.   Congratulations to all industry participants involved in the implementation of the new rules. We are proud to have tested more than 40m ASIC and MAS transactions over the past few years and look forward to continuing to support our clients, who include some of the world’s largest banks, brokers, asset managers and investment managers, with their reporting. If you’d like to join them, please get in touch to start your Kaizen journey with a free health check of your reported data:  https://lnkd.in/etSuDkK3   Kaizen's Teen Foo provides a summary of the changes and why post go live is the time to get the right controls in place to ensure accurate, complete and timely reporting: https://lnkd.in/eeSTiQRQ #ASIC #MAS #Rewrites #regulatorychange #regulatoryreporting

Thank you to everyone who participated in our first Market Abuse Risk Assessment (MARA) Community Forum. Kaizen's Surveillance team, pictured below, were delighted to have a full room of industry participants join us for a lively discussion on their market abuse challenges and industry developments, over breakfast. Our community forum agendas are set and driven by clients and facilitated by our subject matter experts. If you’d like to find out more, please contact us: communications@kaizenreporting.com Shruti Solanki Simrit Sandhu Simon Appleton Charles Dickson A D #marketabuse #surveillance

Fantastic to see so many participants coming together today at the ISDA/AFMA Derivatives Trading Forum in Sydney on the eve of the ASIC Transaction Reporting Rewrite. A big thank you to Andrew King for representing us. If you'd like to check your post go-live reporting with a free Kaizen health check please get in touch: https://lnkd.in/eqcAM5TG #asic #rewrite #regulatorychange #regulatoryreporting