White paper: The importance of specialised standard software for MAD/MAR compliance
The importance of specialised standard software for MAD/MAR compliance.
The EU Market Abuse Regulation has created a uniform legal framework and catalogue of criminal law for the prohibition of market manipulation and insider trading since 2016. Moreover, financial institutions have been obliged to take active and proactive measures in order to avoid these criminal offences in their own backyard. The amendments pose significant challenges for the financial industry, especially the banking sector, and their IT systems. Traditional methods for monitoring securities compliance are no longer effective here – therefore, new procedures have to be implemented. Almost three years later, it is time to take stock of the success of MAD/MAR and of the current market developments.
This Whitepaper on MAD/MAR compliance, provided by the Austria based software company SDS, concisely summarises the most significant findings and experiences from three years of practical application and also provides approaches for the automated monitoring of securities and derivatives transactions.
SDS is continuously setting digital standards in financial market operations, regulations and compliance solutions for the international financial industry. The comprehensive SDS portfolio covers state-of-the-future products and services for all customer and market-related processes, ranging from global securities and derivate processing, regulatory, tax and compliance automation, solution-based consulting, professional testing services to managed services. More than 3,000 financial institutions worldwide with over 10,000 users in +80 countries trust in SDS and its sustainable business values. More about SDS at www.sds.at.
CLICK HERE TO READ THE WHITE PAPER