There is a great deal of debate about how to facilitate behavioural change within banks. One way could be to have regulators on site, as ASIC is planning to do in Australia following a spate of banking scandals. But is it the right approach? By Lisa Andersson, head of research at Aktis.

One of the great lessons of the collapse of Lehman Brothers was the lack of data surrounding its operations and relationships with counter-parties. Since then there has been an intense focus on data quality with considerable progress made. By Charlie Browne, head of market data and risk at GoldenSource.

Getting ready for MiFIR transaction reporting was a truly Herculean task, but for the most part the industry succeeded. However, there are still numerous issues that need tackling, and regulators are becoming impatient. By David Nowell, senior regulatory reporting specialist at Kaizen Reporting.

Regulatory tomes such as MiFID are predominantly for EU-located firms, but such is their growing extra-territorial reach, particularly for non-EU firms wishing to trade with EU entities, that emerging market players are being forced to comply with many aspects of these frameworks at considerable cost. By Tenette Abanilla, director and chief operating officer at Dinosaur Merchant Bank.

Any EU/UK deal on financial services could significantly influence how other jurisdictions recognise third country financial services providers. By Justin Pugsley.

A spate of money laundering scandals is forcing EU regulators to rethink the way they regulate and monitor financial institutions’ activities around ‘dirty’ money