Entries by Support

BofE Rate Rise: The Unintended Trading Cost Consequences For Banks

Kerril Burke’s piece on consequences of the BoE interest rate increase, “Does anyone long for a return to more benign economic times? A time when a rise in the base rate simply led to immediate benefits for savers. Well, get prepared for a continued long wait, as last week’s decision from the Bank of England’s […]

CSDR: How Penalties and Mandatory Buy-ins Will Hit Banks

Don’t miss Kerril Burke’s insightful article published on Global Banking and Finance about CSDR: how penalties and mandatory buy-ins will hit banks. “What trades will we have to pay penalties on and how much will we need to pay? Which ones are we at risk of being bought in? Which ones will we have to […]

How CSDR Will Challenge Banks With Mandatory Buy-ins and Penalties

As published by Markets Media 08 August 2018, written by Kerril Burke: CSDR: How Penalties and Mandatory Buy-Ins Will Hit Banks. “What trades will we have to pay penalties on and how much will we need to pay? Which ones are we at risk of being bought in? Which ones will we have to buy-in […]

Penalties and Mandatory Buy-ins! How CSDR Will Be Affecting Banks

Have a read of Kerril Burke’s piece in the Tabb Forum’s article ‘CSDR: How Penalties and Mandatory Buy-Ins Will Hit Banks‘, 7 August 2018 “What trades will we have to pay penalties on and how much will we need to pay? Which ones are we at risk of being bought in? Which ones will we […]

Understanding the full lifecycle of Transaction Tax Compliance

Have a read of Daniel Carpenter’s piece in International Banker’s article ‘Understanding The Full Lifecycle of Transaction Tax Compliance’, 25 July 2018 “Ten years ago, the 2008 financial crisis not only made headlines – it also signaled a fundamental shift in how the global banking system operates. Several regulations were put into effect to increase […]

What are the unintended consequences of 871(m)?- 3rd Part

Have a read of Daniel Carpenter piece on IBS Intelligence’s article ‘What are the unintended consequences of 871(m)?‘, May 1, 2018. “In the third of this three-part article series on the effect of the 871(m), Daniel Carpenter, head of regulation at Meritsoft takes a look at some of the unintended consequences the finance industry may […]

INSIGHT: Tax Operations: Back of Office, Front of Mind to Global Banks

As published by BBNA 13 April 2018, written by Daniel Carpenter ‘INSIGHT: Tax Operations: Back of Office, Front of Mind to Global Banks‘. “Ask any banker on Wall Street, and they’ll tell you that the compliance department of a global bank has become perhaps the most powerful decision-maker within an institution since the 2008 financial crisis.” […]

871(m) – Transaction Tax processing, building for the future – 2nd Part

Have a read of Daniel Carpenter’s piece in IBS intelligence’s article ‘871(m) – Transaction Tax processing, building for the future’ 27 March 2018 “I began this three-part series on 871(m) by quoting one of America’s most famed political characters and Founding Father, Benjamin Franklin. In order to round this series off in the same fashion, I’ll turn […]

ESMA Updates MIFID/MIFIR Investor Protection Q&As

Have a read of ESMA article ‘ESMA Updates MIFID/MIFIR Investor Protection Q&As’, 23 March 2018 “The European Securities and Markets Authority (ESMA) has included 7 new or updated items in its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR)…” To read […]