Tag: market manipulation

The Financial Conduct Authority (FCA) has reminded firms about the significance of data integrity and algorithmic governance in market abuse surveillance tools, as outlined in its Market Watch 79.

RegTech company Quantifind, prides itself on its commitment to delivering high quality risk intelligence solutions. As part of this, the company recently introduced new product features and functionalities at the start of this year, marking a significant advancement in its capabilities. 

Quantifind is delighted to announce the latest enhancements to our risk management tools, rolled out in the second quarter of 2024.

In the financial sector, the spotlight has recently intensified on non-financial misconduct, spurred by the Financial Conduct Authority's (FCA) focused initiatives and investigations into issues like sexism, bullying, and discrimination.

Compliance within the financial services industry has taken a new turn as online trading and the emergence of 'finfluencers' on social media platforms have magnified the risks of market manipulation. The shift in the landscape demands greater attention to the prevention, detection, and mitigation of market abuse.

In a significant move underscoring its commitment to fight market manipulation, the Commodity Futures Trading Commission (CFTC) imposed a fine of $45m on a top-tier bank in May 2023. Eventus, a multi-asset class trade surveillance, algo monitoring and risk controls solutions provider, has explored what firms can do to avoid a similar incident. 

eFlow Global recently outlined some of the biggest challenges around navigating market abuse enforcement and future implications.