News and insights from eflow

21X selects eflow's regulatory technology as it builds Europe’s first fully regulated DLT exchange

21X has chosen eflow’s holistic regulatory technology to power its compliance strategy as it creates Europe’s first DLT exchange infrastructure for crypto assets and security tokens.

Market Watch 79: the need for stronger testing of surveillance systems

The FCA’s latest Market Watch presents findings from a peer review of firms’ testing of automated surveillance models.

Emerging threats and the importance of market abuse surveillance

Protect your reputation & fulfil your regulatory obligations by identifying emerging threats & recognising the importance of market abuse surveillance systems.

FCA Market Watch 79 highlights firms’ fundamental trade surveillance failures

The latest edition of Market Watch published by the Financial Conduct Authority (FCA) focuses on some of the most common failures of firms’ trade surveillance strategies. It also details the findings from the regulators’ recent peer review of firms’ testing of front-running surveillance models.

SEBI approves amendments to market abuse regulations

SEBI, the Indian financial regulator, has approved amendments to existing market abuse rules for Asset Management Companies (AMCs).

The need for borderless surveillance

Borderless markets require borderless surveillance. Yet conducting trade surveillance across borders and addressing issues like cross-market spoofing presents several challenges.

The impact of inaccurate instrument reference data on MiFIR reporting

The pros and cons of AI in trading

Cross-border compliance is a challenge for 74% of firms

Risk orchestration and transaction reporting

Enforcements update: almost $400 million dished out in fines in the first two months of 2024

In the first two months of 2024, nearly $400 million in fines have been enforced by global financial regulators.

MiFIR, EMIR & SFTR: The ongoing impact of Brexit

Despite being so far removed from the UK's withdrawal from the European Union, the impact of Brexit is still being felt on transaction reporting

FCA releases Market Watch 77

A review of the FCA's latest Market Watch 77 and the key regulatory issues that financial firms need to consider

eflow launches Global Trends in Market Abuse and Trade Surveillance report

FCA releases Market Watch 76

The FCA releases Market Watch 76 - eflow's team explains the key themes.

US move to T+1 settlement puts pressure on UK and EU markets

The US move to trade settlement T+1 has been well flagged, with industrywide testing beginning on 14 August 2023. While the official switch from T+2 to T+1 settlement will not occur until May 2024, the move places significant pressure on the UK, EU and Swiss markets to follow suit.

eflow announces international expansion and key strategic hires

eflow announces international expansion and key strategic hires, as client base grows by 57% and uptake of trade surveillance tech soars

Build vs buy - should you use a third-party trade surveillance system?

Is a third-party trade surveillance system right for you? Learn more about the pros and cons.

Integrating eComms and trade surveillance

Regulators are increasingly putting emphasis on holistic surveillance, meaning firms need to integrate trade and eComms data in a single surveillance system.

Harmonising EMIR Refit with global standards: Ensuring consistency in derivatives regulation

With the implementation of EMIR Refit, an attempt is being made by EU and UK regulators to globally harmonise derivatives reporting.

MAS and ASIC update transaction reporting requirements

In line with global developments, the Australian Securities and Investments Commission (ASIC) and the Monetary Authority of Singapore (MAS) are introducing comprehensive revisions to their transaction reporting requirements.

Understanding the Markets in Crypto-Assets regulation

MiCA looks to regulate the notoriously tricky world of cryptocurrency. We break down the ins and outs of this new regulation and what firms trading crypto-assets need to know.

Market Watch 75: The market soundings procedure

Market Watch 75 puts focus on the market soundings procedure. The FCA shares its observations about developments around market soundings since the publication of Market Watch 51 and 58, and highlights the need for firms to adhere to regulations around the disclosure of inside information under the UK Market Abuse Regulation’s Market Soundings Regime.

Compliance 4.0: Migrating from legacy to Regtech systems

Moving away from legacy, in-house compliance systems can be a painful process, but the need for cutting edge RegTech solutions is more pressing than ever. Here are some of the key considerations to keep in mind when making the switch.

Market conduct in the US: An evolving regulatory landscape

Since being nominated chair of the U.S. Securities and Exchange Commission, Gary Gensler has made it a priority to strengthen regulation over US firms. This approach beckons firms to rethink their strategies and bolster their compliance infrastructures.

EMIR reporting explained – what you need to know

What is EMIR reporting? Who has to comply? Are there exemptions? Learn more in our complete guide to the European Market Infrastructure Regulation

TS Imagine announces strategic partnership with eflow, bolstering regulatory compliance capabilities

TS Imagine, a leading global cross-asset provider of trading, portfolio, and risk management solutions for financial services organizations, is excited to unveil a strategic partnership with eflow, a prominent provider of regulatory compliance solutions for the industry.

Market Watch 74: An in-depth explanation

Confused by the findings listed in the UK regulator's latest Market Watch newsletter? This article explains all.

Market Watch 74 - Our Approach to Ensuring Compliance

Reporting errors & omissions continue to plague firms Take a look at difficulties highlighted in Market Watch 74 eflow Global’s transaction reporting tool offers solutions

eflow secures £7 million in series A funding

RegTech scaleup eflow using investment to deliver regulatory compliance solutions to financial services industry, to fuel growth in the UK & internationally

A deep dive into FCA's Market Watch 73

Market abuse such as insider dealing, market manipulation, false or misleading disclosures, and the misuse of private, or ‘insider’ information. Market Watch 73

Market abuse enforcements: Where are regulators focusing, and what will they do next?

Market abuse can be broadly categorised into two main types: insider trading and market manipulation. Whats the next move for regulators? May 16, 2023

Embracing the future: The importance of automation for compliance and operations

Eflow Global and Portfolio BI solutions - discover regulatory solutions for end to end deal flow automation and compliance reporting automation

The Consumer Duty: What MiFID II investment firms need to know

New Consumer Duty regulation being implemented by the FCA, MiFID investment firms must meet higher expectations than ever before in meeting the needs of clients

FINRA Publishes Findings on Manipulative Trading

US financial regulator FINRA publishes 2023 Report - Examination & Risk Monitoring. Provides insight on manipulative trading - how firms can improve trade surveillance procedures

eflow Harnesses Machine Learning to Enhance eComms Surveillance Solution

TZ suite, with enhanced eComms module sits alongside company’s solutions: trade surveillance, best execution & transaction cost analysis, integrated suite of regulatory compliance tools

eflow Named in RegTech's 100 Most Innovative Companies

UK-based RegTech vendor eflow Global named in RegTech100, list of the 100 most innovative & influential regulatory compliance vendors in financial services

FCA Publishes Open Letter on CFD Regulation

Associated risk of CFD trading. FCA’s requirements, outline 3-step strategy to regulatory enforcement. Firms to take explicit action to mitigate risk Dec 2, 2022

London Broker Fined £530,000 Following Market Abuse Reporting Failures

London-based broker Sigma Broking Limited has been fined £531,000 for failing to accurately report on 56,000 CFD transactions between Dec 2014 - Aug 2016.

What Is Trade Surveillance? Market Abuse Monitoring Explained

What is trade surveillance? Trade surveillance is the process of monitoring financial transactions for potentially illegal or abusive trading.

eflow Announce Successful Management Buyout

FCA Promises Strict Action Against Abusive Traders

In wake of recent market volatility, Financial Conduct Authority published an update on approach to market abuse & manipulation monitoring & enforcement Jun 21 2022

Market Volatility and Trade Surveillance: A Modern Appoach

Impact of rising interest rates, supply chain issues & record levels of inflation being felt across markets globally. This volatility, requires new approach to trade surveillance.

The State of Trade Surveillance in 2022: Market Watch 69

FCA Market Watch 69 includes Dynamic parameters - test records differently based on factors such as asset class, volatility or liquidity May 17, 2022

MFSA Publishes Circular on Market Abuse Regulation

The Maltese regulator MFSA has published a circular highlighting the obligations of regulated entities to prevent and detect market abuse

eflow Partners with TeleMessage to Enhance eComms Offering

UK based vendor eflow Global partner with messaging & comms archiving solution provider TeleMessage enhances scope of eComms data in data library. Apr 10, 2022

FCA Publishes Strict Three-Year Strategy For Regulation In The UK

FCA has published 3-year strategy for period fr 2022 to 2025. Strategy outlines plans for implementing stricter regulatory standards. Apr 7, 2022

FCA Announces CryptoSprint to Discuss Cryptocurrency Regulation

FCA announced holding a two-day 'CryptoSprint'. Aim of event is to explore 'how the evolving world of cryptoassets could be regulated within UK' Apr 6, 2022

eflow and GRSS Announce Partnership

UK RegTech vendor eflow Global has partnered with surveillance consultant GRSS to provide a holistic market abuse surveillance solution.

Crypto Firms Launch Coalition for Integrity of Markets

Crypto Market Integrity Coalition CMIC’s Public And Unequivocal Pledge to reduce abuse and manipulation of cryptocurrency markets - Feb 8, 2022

E*TRADE fined $350k for market abuse surveillance failures

Financial Industry Regulatory Authority (FINRA) fined E*TRADE for failures in market abuse surveillance - 'not reasonably designed to achieve compliance

UK launches cross-party crypto group

UK parliament has announced the formation of a cross-party group to discuss policy and regulation in the cryptocurrency industry.

NatWest plead guilty to spoofing charges, will pay $35m

Following HSBC's AML fines by the FCA equalling £64m last week, Standard Chartered has been fined £46.5m for reporting failures by the PRA.

Standard Chartered hit with record £46.5m Fine by PRA

Following HSBC's AML fines by the FCA equalling £64m last week, Standard Chartered has been fined £46.5m for reporting failures by the PRA.

eflow included in RegTech100 2022

eflow included in FinTech Global's RegTech100 list for 2022. The list recognises the 100 most innovative and influential RegTech companies across the globe.

FCA proposes changes to MAR and SFTR

The FCA has proposed changes to MAR and SFTR in their latest consultation paper.

FCA Market Watch 68: Market abuse in a digital world

Summary of the FCA's latest Market Watch 68 newsletter | Financial Conduct Authority concerns about web-based trading platforms and market abuse

Trade reporting vs transaction reporting - What's the difference?

Trade reporting makes trade details public in near real time, for market transparency. Transaction reporting sends full trade details privately to the regulator by the end of the next working day, to help detect market abuse.

eflow unveils major update to regulatory reporting solution TZTR

eflow v2 regulatory reporting solution TZTR. The update extends scope of capabilities, particularly in fields of EMIR, MiFIR & SFTR transaction reporting

EMIR Refit - Flagship reporting regulation after Brexit

How has Brexit changed regulatory reporting? This article discusses the impact of the UK's exit from the European Union and the EMIR Refit regulatory standard.

Irish Central Bank joins calls for tighter market abuse regime

Recent trend of strengthening measures against market abuse infringements, Irish Central Bank to increase trade surveillance measures and sanctions Jul 20, 2021

FCA Market Watch 67: Market manipulation in the spotlight

This article examines the most recent FCA market watch letter which displays a clear focus on market manipulation

Why regulators should be promoting Regtech adoption

We discuss why it is now more important than ever for regulators to change their stance and begin to promote RegTech adoption May 3, 2021

eflow wins Best Trade Surveillance at 2021 A-Team awards

We are proud to announce that we have won Best Trade Surveillance Solution at the 2021 A-Team Europe Awards

eflow and Euronext announce new ARM and APA connectivity partnership

We are pleased to announce a new partnership with Euronext for ARM and APA services

Best execution and beyond - What’s happening to RTS 27 & 28 post-Brexit?

How has Brexit impacted Best Execution reporting under the RTS 27 and RTS 28 regulations?

Quality Control: Is Sampling Effective in Transaction Reporting?

Is sampling an effective means of ensuring accuracy in transaction reports? This article explores

Regulatory responses to algorithmic trading

Recent rises in algorithmic or 'algo' trading, require regulation to change. Explore how regulators are responding to the rise in algorithmic trading Mar 2, 2021

David vs. Goliath or market abuse? The regulatory challenge posed by Gamestop

In January 2021, GameStop became the subject of what some publications pitched as 'David and Goliath' battle between retail investors & hedge funds Feb 18, 2021

Technology, compliance and COVID - The 2021 Thomson Reuters Regulatory Report

The latest annual report of financial regulation by Thomson Reuters explores the impact of the COVID pandemic on the regulatory landscape.

MiFIR: A guide to compliant investment transaction reporting

Unsure about your MiFIR reporting obligations? This article explains all the key points to bear in mind.

eflow and Refinitiv announce new market data service agreement

UK-based regulatory compliance firm eflow announce partnership with Refinitiv to further improve market data store currently in award winning Trade Surveillance platform TZ

EMIR reporting after Brexit - What to expect

Brexit has caused a lot of uncertainty around EMIR reporting requirements. This article covers all the key points.

eflow Partners with e-Comms Surveillance Provider IP Sentinel

eflow has partnered with IP Sentinel for the purposes of e-Comms surveillance.

eflow Enters Into New Partnership with Unavista

eflow has announced a new partnership with Unavista.

Indices monitoring with eflow

This article discusses how eflow can help your indices monitoring requirements

eflow integrates Dow Jones Newswires content

eflow is pleased to announce a new partnership with Dow Jones for newswire

eflow Shortlisted for TradingTech Insight Awards 2020

eflow has been shortlisted for Best Transaction Cost Analysis Tool at the 2020 European TradingTech Insight Awards

FXCM selects Eflow and TZ to provide Market Abuse and Trade Surveillance Monitoring

FXCM selects Eflow and TZ to provide Market Abuse and Trade Surveillance