Latest news with #EMIR
Yahoo
a day ago
- Business
- Yahoo
1 Day EMIR and MIFIR Compliance and Regulatory Reporting Training Course: Overcome Key Challenges Encountered by Banks, Broker Dealers, Asset Managers and Hedge Funds (ONLINE EVENT: June 30, 2025)
Join a comprehensive 1-day course on EMIR & MiFIR regulatory reporting, led by a senior City expert. Ideal for banks, asset managers, and hedge funds, this training covers compliance challenges, data validation, and industry best practices. Enhance your operational effectiveness with real-world insights and post-Brexit guidance. Dublin, June 04, 2025 (GLOBE NEWSWIRE) -- The "Compliance and Regulatory Reporting for EMIR and MIFIR" training has been added to offering. This practical 1 day course conducted by a senior City expert covers all the compliance and regulatory reporting requirements for the EMIR & MiFIR Regulations. This training session covers the key challenges encountered by banks, broker dealers, asset managers and hedge funds, key lessons learnt in implementing trade and transaction reporting, and successful remediation of any workshop covers all aspects of regulatory reporting, from organisational scope, to data validation, data sourcing, counterparty and entity identification, and asset class/instrument identification - and resulting impact to Front, Middle and Back Office processes. Conducted by an expert who is currently working within the sector and advising different organisations from some key players to smaller companies, the trainer has a very good understanding of challenges that companies are facing and how to effectively overcome them and ensure compliance and operational effectiveness. What will you learn By attending this course you will learn about: All the key aspects of regulatory reporting, from organisational scope, to data validation, data sourcing, counterparty and entity identification, and asset class/instrument identification - and resulting impact to Front, Middle and Back Office processes. Key learnings from implementation of EMIR reporting and margin implications of EMIR REFIT and Uncleared Margin Rules, as well as for MIFIR. You will have a chance to benchmark against peers from the sell-side and buy-side, and resolution of any open questions. Real life industry examples of best practices, post-implementation issues, and successful remediation Regulatory guidance from the FCA, CSSF, ESMA and other local regulators - post Brexit UK vs EU regulations Understand the key impacts to US, EMEA and APAC institutions in scope, and the new regulatory reporting landscape Who Should Attend: Heads of Trading, Investment, Portfolio Management, Operations, and Business Risk Heads of Regulatory Reporting, Compliance and HR Key Control Functions/Senior Managers in Audit, Compliance, Risk and Operations Key Topics Covered: Regulatory Background to EMIR and MiFIR Scope of entities, counterparties and asset classes for MiFIR and EMIR Key Reporting Requirements Definitions and Data Validations Fields Analysis - Instrument, Product, Entity and Personal Data Systems and Controls Implications for UK, EU and Global Investment Banks and Asset Managers Global Regulatory Reporting Implementation challenges and lessons learnt For more information about this training visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The National
25-05-2025
- Politics
- The National
'We feel the injustice': ex-Irish minister on sympathies for Palestinian cause
Live updates: Follow the latest on Israel-Gaza Israel's "relentless bombardment" in the Gaza Strip is doing a 'huge amount' of damage to the country's reputation, Ireland's former deputy prime minister has said. Simon Coveney, who also served as the country's foreign minister, said he believed stability would not come until a two-state solution was achieved as he explained how "ordinary Irish people feel a sense of injustice in terms of the Palestinian cause". Speaking to The National as he embarks on a new advisory role in the region, Mr Coveney described the Gaza war was an 'open sore' that 'keeps delivering conflict, mayhem, terrorism and extremism'. 'The international community has to help the Israeli leadership and the Palestinian leadership bring that to an end," he said. The veteran politician held key roles in the Irish government such as trade, defence and housing, represented Ireland on the UN Security Council, and, as deputy prime minister (Tanaiste) and foreign minister, was a major player in the UK-EU Brexit negotiations. Over a 25-year career in front-line politics, he advanced Ireland's global trade ambitions, while also grappling with challenges at home, such as the continuing housing crisis. Mr Coveney stepped down from politics in 2024 and has now taken a role as senior adviser with Dubai-based advisory firm Emerging Markets Intelligence and Research (EMIR) to support senior leaders in navigating the choppy geopolitical waters. In a wide-ranging interview to mark the appointment, Mr Coveney also spoke about US President Donald Trump's Gulf visit and how to tackle the 'mood of unrest' in democracies. Turning to Gaza, he said the October 7 attack in 2023 by Hamas was 'unforgivable' and he couldn't see the group as part of a governance model for a Palestinian state, but he also said Israel's response had ignored obligations under international law. Israel says it only targets terrorists. 'Gaza is very different to any other part of the world because people can't flee the fighting,' he said. 'No one is allowed in or out.' Ireland has been an early and vocal supporter of Palestine with many other countries now following suit and, while Mr Coveney said he didn't want to 'exaggerate Ireland's role', he felt the country was consistent in calling out issues whether it is Russia in Ukraine, Israel in Gaza or elsewhere, stating Ireland had that ability but many countries did not. 'Because of where they are geographically located and because of relationships they have, Ireland has ... some protections as part of the European Union.' He also pointed to the long history of Irish peacekeeping troops in the region that further helps to colour how Ireland sees the conflict. 'Ordinary Irish people feel a sense of injustice in terms of the Palestinian cause.' Mr Coveney called for a ceasefire, release of all hostages and a "massive delivery programme of aid into a population literally starving". Longer term, he said there has to be a Palestinian state. "Many Israelis will say to me, how can you say that? That's effectively rewarding the atrocities of October 7. I don't see it that way. I have no vested interest. I don't believe, until the Palestinian issue is resolved, that we will see the kind of stability that's needed in this region." Before retiring from Irish politics last year, Mr Coveney served as trade minister. He said the narrative about Mr Trump skipping Israel on his visit to the Gulf last week was 'overplayed' as the trip was largely about getting business deals over the line. 'I still think this US administration is probably a stronger ally of Israel than we've ever seen in the past.' The interview came before Donald Trump's recent threat to impose a "straight" 50 per cent tariff on the EU from June 1 but asked whether Mr Trump's policies could push the EU closer to the Gulf, Mr Coveney said it has already 'forced the EU to look to diversify trade' as the bloc was seeking to become more resilient. He pointed to the opening of trade talks between the EU and UAE and the first digital trade agreement being put in place in Singapore. On the recent agreement between the UK and EU that sought to set out post-Brexit relations, Mr Coveney said it was important not to 'exaggerate what's been agreed here' but it was a 'very significant and very positive'. 'This isn't rejoining in everything but name,' he said. 'There is no suggestion of the UK rejoining the single market or the customs union." Mr Coveney said Britain had been in an 'unhappy place politically' since Brexit but cautioned against reading too much into the polls that put Nigel Farage's Reform UK party on top. 'Reform is a serious force in UK politics. [But] any talk of … Nigel Farage as prime minister I think is certainly premature.' That said, Mr Farage's rise is not isolated. France, Italy, Germany and others have seen a rise in what some have styled as populism. Mr Coveney said there was undoubtedly a 'mood of unrest' across democracies that 'can't be ignored'. 'You can call them populist or you can call it inward-looking nationalism or whatever you want to call it but there are messages that land and that feed on people's fears. Significant movement of people in a way that's not controlled and managed is one of those areas,' he said. 'We are listening but the capacity to deliver at the pace that people demand isn't always there in democratic systems that can be challenged legally. People want faster solutions than often democracies can deliver and that creates frustration and then people vote for alternatives that are promising quicker fixes." Looking back at his career, Mr Coveney said he had been involved in politics since his mid-20s and it was a privilege to serve but he doesn't miss it. Now he was keen on spending more time 'in this fascinating part of the world'. As part of his new role, he will spend one week a month in the region.
Cision Canada
13-05-2025
- Business
- Cision Canada
Bullish partners with the Gibraltar Government and GFSC to pioneer world's first crypto clearing regulation
GIBRALTAR, May 13, 2025 /CNW/ -- Bullish, one of the fastest-growing regulated virtual asset exchanges, today announced its partnership with the Gibraltar Government and the Gibraltar Financial Services Commission (GFSC) to develop the world's first regulation for the clearing and settlement of derivative contracts settled in virtual assets. This innovation will enable virtual asset derivative contracts to be cleared and settled in virtual assets by a recognized clearing house for the first time. This groundbreaking initiative moves beyond the limitations of traditional fiat-based clearing and settlement infrastructure and marks a significant milestone in the evolution of virtual asset regulation. Over the past six months, Bullish and the GFSC have collaborated and agreed to create a regulatory framework that seamlessly adapts traditional finance clearing regulations with the unique requirements and capabilities of the virtual asset market. For example, under the proposed clearing framework, select virtual assets may be eligible as collateral and settlement currency. The selection criteria will follow the principles underpinning existing traditional clearing regulations. Additionally, the framework will expand the range of institutions authorized to hold collateral, enhancing market integrity and participation while mitigating key risks. Setting the standard for a crypto clearing solution Major virtual asset exchanges have been performing the clearing function without appropriate regulatory oversight, leading to failures impacting customers. The proposed regime introduces a regulated clearing house entity, separate and independent from the exchange and its participants, with improved transparency and capitalization to strengthen market infrastructure protection. In a separate announcement, His Majesty's Government of Gibraltar expressed its enthusiasm for the framework, which fosters trust, resilience, and integrity in virtual asset markets. Bullish warmly welcomes their announcement and is excited to work alongside the government and GFSC to bring this groundbreaking regulatory framework to fruition. "There is currently no regulation that specifically addresses the clearing needs of the crypto industry. We aim to change that by introducing a framework that manages risk for virtual asset trading and is aligned with traditional market infrastructure standards," said Tom Farley, Bullish Group CEO. "While Central Counterparties have become more robust in other asset classes, this initiative will bring that same robust risk management and regulatory oversight to the crypto clearing space that EMIR & Dodd-Frank brought to traditional derivatives markets. We welcome the announcement from the government of Gibraltar and look forward to introducing our joint proposal to the market." The Hon Nigel Feetham KC MP, Minister for Financial Services adds, "Gibraltar is renowned for pioneering clear regulation and embracing forward-looking technology, being the first jurisdiction globally to introduce legislation for firms using Distributed Ledger Technology. We are excited to deepen our relationship with Bullish and to introduce this unprecedented virtual asset clearing solution to the market." Bullish exchange poised to become first regulated virtual asset clearing house globally In anticipation of the new framework, Bullish plans to introduce its Clearing Services offering alongside Options trading later this year. This initial launch will integrate a variety of clearing benefits into the market as Bullish moves toward establishing a standalone clearing house under the new regulatory framework. With licenses from the GFSC, the German Federal Financial Supervisory Authority (BaFin), and the Hong Kong Securities and Futures Commission (SFC), Bullish is well-positioned to set the standard for virtual asset clearing solutions. "Our long-term goal is to establish a robust regulatory framework that not only meets the current needs of the virtual asset ecosystem but also anticipates future developments. This initiative underscores our commitment to operating a regulated, compliant exchange that supports institutional participation with an end-to-end clearing solution," said Randi Abernethy, Head of Clearing and Group Risk at Bullish. "Several market participants have already voiced strong support for our business model because they recognize the value of regulated central clearing. We look forward to Bullish becoming the first operational regulated digital assets clearing house in the world." In advance of this, Bullish will form a clearing member working group to bring industry leaders together to share their expertise, establish the initial clearing network, and enhance the robustness of Bullish's clearing ecosystem. Media contact Bullish [email protected] HM Government of Gibraltar [email protected] Gibraltar Financial Services Commission [email protected] About Bullish exchange With a focus on developing products and services for the institutional digital assets sector, Bullish has rewired the traditional exchange to benefit asset holders, enable traders and increase market transparency. Supported by the Group's well-capitalized treasury, Bullish's digital asset spot and derivatives trading services utilize high-performance central limit order matching and proprietary market making technology to deliver deep liquidity and tight spreads within a compliant framework. Launched in November 2021, the exchange is available in 50+ select jurisdictions in Asia Pacific, Europe, Africa, and Latin America. Bullish prioritizes compliance and safeguarding customer assets through robust security measures and regulatory oversight. The business is licensed by the Hong Kong Securities and Futures Commission, German Federal Financial Supervisory Authority, and the Gibraltar Financial Services Commission. For more information on the Bullish exchange, please visit and follow LinkedIn and X. Forward-Looking Statements This press release may include "forward-looking statements" relating to future events or the Bullish Group's future financial or operating performance, business strategy, and potential market opportunity. Such forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Bullish Group, are inherently uncertain and are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. You should not place undue reliance on any such forward-looking statements, which speak only as of the date they are made, and the Bullish Group undertakes no duty to update these forward-looking statements.
Zawya
12-05-2025
- Business
- Zawya
Simon Coveney appointed Senior Advisor at EMIR
DUBAI, UAE —Simon Coveney joins EMIR's advisory team as Senior Advisor, strengthening the firm's ability to support senior leaders in navigating global political and economic complexity. Coveney is one of Europe's most experienced political figures, having served as Ireland's Deputy Prime Minister (Tánaiste), Minister for Foreign Affairs, and Minister for Enterprise, Trade and Employment. Over a 25-year career, he helped shape EU foreign policy, led Brexit negotiations, chaired the UN Security Council, and advanced Ireland's global trade ambitions. At EMIR, he will provide strategic counsel to CEOs, boards, and ministers across high-growth markets, supporting decision-making amid today's volatile geopolitical and geoeconomic landscape. Simon Coveney, Senior Advisor at EMIR, says: 'There is a new energy to global affairs—one where the influence of emerging markets is rising, and leaders in the Middle East are no longer just adapting to change but actively driving it. EMIR sits at the intersection of business, diplomacy, and decision-making. I'm delighted to work alongside this calibre of leadership.' Trevor McFarlane, Founder & CEO of EMIR, says: 'Simon's appointment reinforces what EMIR stands for—strategic clarity at the highest level. His deep understanding of international affairs and real-world experience will elevate the conversations we're having with our government, private sector and NGO clients daily. He brings gravitas, insight, and global perspective at a time when the stakes have never been higher.' Dr. Noah Raford, Managing Partner, EMIR, adds: 'Simon is an exceptional addition to our advisory team. His experience at the highest levels of diplomacy and international affairs will bring powerful context to the challenges our clients face, and real clarity to the decisions they make.' Coveney's appointment strengthens the Advisory arm of EMIR's ABCD model, which also includes Boardroom by EMIR, the region's hyper-selective intelligence network for CEOs and ministers; consulting for never-been-done-before projects; and Dealmaking for high-value M&A and commercial opportunities. About EMIR Emerging Markets Intelligence & Research (EMIR) is an exclusive boutique advisory and research firm established in Dubai, United Arab Emirates (UAE) in 2013. With an invite-only approach, an EMIR engagement can only begin at the highest levels - the board, the CEO, and the minister. Positioned upstream from the standard Request for Proposal (RFP) process, EMIR's elite cadre of experts comprises former senior government officials, esteemed CEOs, globally renowned futurists, visionary economists, tech thought leaders, legal titans and security analysts. Its rarified expertise is sought out before the traditional consultants arrive, poised to orchestrate future shaping transformations. Boardroom by EMIR is the Middle East's most selective and influential intelligence network for CEOs, senior government officials, and other high achievers. To better understand EMIR: Media contact: press@
Campaign ME
09-05-2025
- Business
- Campaign ME
Insights from OMD Sense on the future of media and marketing
At the OMD Sense conference this year, experts painted a complex future shaped by technological advancements, offering strategies to navigate challenges and transform them into opportunities. The event, which took place at the Museum of the Future, drew a large crowd of senior business and marketing professionals from brands, agencies, and media circles. Conference speakers urged marketers to stay optimistic and seize opportunities amid the complexity and disruption the industry will face in the coming years. 'During the next 20 years, we will have to face an extraordinary and unprecedented confluence of economic, political, social, climate and technological transformations. Our job will be to regulate our own emotions and anxieties before helping others, people we know and care about, as well as people we don't,' said speaker Noah Raford, EMIR's Head of Advisory and former futurist-in-chief for Dubai. His session focused on what lies ahead for the three key consumer groups in the next few decades. According to him, some people will escape into distractions like gaming, avoiding reality. Others, especially Gen Alpha, will approach technologies like AI as tools to build new, creative things instead of being overwhelmed by them. Remedying the marketing disconnect OMD EMEA's CEO Blake Cuthbert's described six forces that disconnected marketing and advertising from growth and offered six counter-approaches to turn them into positives. These include abundance planning, cultural activations, integrated creator planning, commerce intelligence, agentic buying, and the agent ecosystem. 'It's not a case of humans or machines but humans and machines, even in terms of to whom or what we will address marketing messages to,' Cuthbert said. 'Individuals and organisations will have to maintain their prompt libraries, which will usher in a new paradigm of effectiveness. What we're seeing is the end of Big Advertising and a future with lots of littles, characterised by hyper-personalised messages in branded ecosystems.' Using AI thoughtfully is key to cultivate industry expertise Digital anthropologist Rahaf Harfoush took to the stage to reveal extensive research in digital culture across the MENA region. She shed light on the unseen forces at play in our interactions with technology, uncovering the subtle yet profound ways it shapes our thoughts, decisions, and habits. Harfoush offered actionable strategies to extract the benefits of technological advancements while safeguarding ourselves against unintended consequences. 'After automating manufacturing, we're now automating knowledge work,' she explained. 'If we rely too heavily on AI without remaining thoughtful and engaged, we risk losing mastery of our thinking and expertise when we need it to validate the work of machines,' she said. Harfoush urged the audience to cultivate 'intentional expertise' to ensure that human creativity, judgment, and depth of knowledge remain irreplaceable pillars of progress. Audiences at the OMD Sense conference also heard from Qi Pan, Snap's Director of Computer Vision Engineering. He revealed 'story-living' to be the next iteration of the media experience. According to him, the future includes leveraging augmented reality to bring media experiences that will involve people in large, shared environments. 'The technology and devices are developing to make this vision a reality. The ability to add digital content on top of the physical world is hugely exciting for users and brands, as they now can add entertainment and information at scale,' Pan said. 'With rapid tech advancements, AR is becoming more natural, letting users add content to the real world without losing touch with it.' Finally OMD MENA's CEO, Saleh Ghazal wrapped up the conference urging the industry to be adoptable to change when it comes to their marketing. 'Decoding Generation (H)uman has been designed as a rallying cry to operate the deep transformation the next decades call for,' he said. While he acknowledges that the foundations of business and marketing are being shaken by big changes –economic, technological, cultural, he claims that 'looking at our world through an empathetic lens' is what will set advertising and marketing agencies apart. 'Yes, it can be uncomfortable and even scary but being innovative in this context means being courageous and inquisitive, finding the upside by flipping challenges on their head. It also means understanding what makes people unique and connecting with them relevantly and authentically at scale,' he concluded.
