March 2024 White Paper
Regulation Overview and Timeline, Summary of Proposed Rule Requirements, Investment Advisors Covered By the Proposed Rule, AML and CFT Programs, Proposed Obligation to File SARs and CTRs Instead of Form 8300, Proposed Recordkeeping Requirements, Special Information-Sharing Procedures to Deter Money Laundering and Terrorist Activity
Overview of Liquidity Tools Available for Banks to Monitor its Liquidity Adequacy, Liquidity Coverage Ratio, Net stable funding ratio, Net cumulative cash flow, Additional liquidity monitoring tools and metrics
Regulation Overview, Indicative Example of the Obligations for Broker-Dealers that Open New Accounts for Legal Entity Customers, Certification Regarding Beneficial Owners of Legal Entity Customers
MiFID II mandates exceptional granularity and detail in data management and reporting, making data quality crucial for compliance.
Explore the role of technology in meeting MiFID II Requirements and Botsford’s approach to migrating systems
Background, Benefits to Migrate from MT (ISO 15022) to MX (ISO 20022), CBPR+ Timelines, Improvements of New Message Structure & Roadmap, New XML Message Types Introduced with CBPR+, Release Dates for MX Message Types
