2021 Q1 Trend Letter
March 25, 2021
Following the 2008 financial crisis regulators and the industry resolved to improve their control of the OTC derivatives markets and a raft of regulations ensued. For Europe EMIR was adopted and in…
The AML system is broken
March 24, 2021
Conventional wisdom dictates that an investment is justified by the return it provides. This clearly is not a driver for the $180B banks spent in 2020* fighting money laundering because, let’s face…
Of course they knew
March 24, 2021
Reading this summary https://www.riskscreen.com/kyc360/news/newly-obtained-audit-report-details-how-shady-clients-from-around-the-world-moved-billions-through-estonia/ of what happened at Danske Bank…
EMIR, where do we go from here?
March 24, 2021
EMIR is the EU regulation to reduce the systemic risk of OTC derivatives by setting guidelines for reporting to the regulators, making clearing mandatory for a large proportion of the trades and…