Investment and custodian banks face a costly regulation, Meritsoft notes.
There will be legal uncertainty if there is no clarity on the UK-EU relationship post-Brexit.
The aim is to provide a frictionless, interoperable solution for Securities Financing Transactions Regulation.
Systematic internalisers and large-in-scale trading volumes are concerning regulators.
The logical way forward is to seek out a secure mutualised approach.
Firms can leverage cloud to retain communications data, NICE writes.
Cordium assesses regulatory considerations for U.S. advisers.
The Commission should also watch crypto-assets and their volatility.
Firms have estimated the transition will cost $200m.