Qomply Regulatory Conference 2022 Roundup

Round-Up of Topics

Just two weeks since Qomply’s inaugural Regulatory Conference was hosted in the beautiful, grade-II listed One Moorgate Place, City of London, the home of Chartered Accountants' Hall.

Speakers from the FCA, the Investment Association, Kroll, KPMG and Tradeweb were joined by delegates across the finance industry including representatives from asset and wealth management firms, investment banks, trading venues, brokerages, and regulatory consultancies. Those who couldn’t attend in person joined the sessions via a live webinar stream.

A variety of transaction reporting compliance issues were discussed on the day including:

• Trading Venue Perimeter Market Competitiveness
• Removing Barriers Divergence Improving Equity Secondary Markets
• Simplification Strengthening UK's position in global wholesale markets Operational Resilience Horizon Scanning Transaction Reporting
• Static Data Issues FCA Market Watch 70 topics Challenges in Reporting Errors and Omissions

The first session entitled Horizon Scanning and Industry Insights saw a panel of representatives from the FCA, KPMG, Investment Association and Tradeweb discuss regulatory initiatives and the impact across the financial industry. Topics range from proposed changes to regulations, regulatory capital expenditure, resourcing, regulatory agility, operational agility, and horizon scanning. They key takeaways will be available shortly.

The second session on Transaction Reporting - Industry Pain Points and Common Themes with speakers from Kroll, the Investment Association, Tradeweb and Qomply, explored the Top Five Industry Challenges regarding Transaction Reporting including a deep-dive into transaction reporting, peer challenges, the value of systems & controls, things that can go wrong, and interacting with regulators.

Watch the session recording here.

In between the sessions, speakers and delegates enjoyed some long overdue networking in the stunning Main Reception Hall at One Moorgate Place.

“By bringing together a cross section of over 200 industry stakeholders, we were able to discuss and share insights into upcoming regulatory initiatives, industry challenges and best practices. ” says Qomply Managing Director, Michelle Zak.