IDEAS home Printed from https://ideas.repec.org/a/aza/jsoc00/y2015v7i4p284-295.html
   My bibliography  Save this article

Managing cross-regulatory data challenges in practice

Author

Listed:
  • Johnson, Christopher

    (Senior Product Manager, Market Data, Markets & Securities Services, HSBC Bank PLC, UK)

Abstract

‘Data management, at an industry level, is immature with few standards, minimal regulation over asset data content and a lack of industry leadership.’ The author has been using the above statement as part of industry conference presentations for the past three years. It represents a very stark message and articulates significant challenges for most financial services companies and their regulators. Furthermore, the regulators have set out detailed and specific regulatory reporting requirements that they describe as ‘evidence-based reporting’. This paper explores the standards and consistency expected by regulators and the challenges these pose for asset owners (such as insurers, pension funds, collective investment schemes, alternative investment funds and sovereign funds) and their suppliers. It outlines how investment firms can take advantage of their necessary and extensive investment towards delivering regulatory reporting to achieve not only compliance but also enduring benefits to their wider business.

Suggested Citation

  • Johnson, Christopher, 2015. "Managing cross-regulatory data challenges in practice," Journal of Securities Operations & Custody, Henry Stewart Publications, vol. 7(4), pages 284-295, September.
    • Handle: RePEc:aza:jsoc00:y:2015:v:7:i:4:p:284-295
    as

    Download full text from publisher

    File URL: https://hstalks.com/article/3909/download/
    Download Restriction: Requires a paid subscription for full access.
    File URL: https://hstalks.com/article/3909/
    Download Restriction: Requires a paid subscription for full access.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    data governance; data licences; regulatory reporting; MiFID II/MiFIR; Solvency II; ESMA; EIOPA;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aza:jsoc00:y:2015:v:7:i:4:p:284-295. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Henry Stewart Talks (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.