Key Trading Regulations Addressed by NICE Actimize
1. Dodd-Frank Title VII
- Comprehensive Compliance: Ensure adherence to regulations governing over-the-counter derivatives markets, enhancing transparency and reducing systemic risk.
2. Markets in Financial Instruments Directive II (MiFID II) & MiFIR
- Investor Protection and Market Transparency: Comply with stringent requirements for trade reporting, best execution, and communication recording to promote fair and transparent markets.
3. Market Abuse Regulation (MAR)
- Market Integrity Enforcement: Detect and prevent insider trading and market manipulation through robust surveillance and reporting mechanisms.
4. FX Global Code of Conduct
- Ethical Standards in Foreign Exchange: Align with global principles of good practice in the FX market, promoting integrity and effective functioning.
5. Regulation Best Interest (Reg BI)
- Client-Centric Practices: Ensure that broker-dealers act in the best interests of their clients when recommending securities, adhering to enhanced standards of conduct.
6. Senior Managers and Certification Regime (SM&CR)
- Accountability and Governance: Implement frameworks to hold senior managers accountable, fostering a culture of responsibility and compliance.
7. FCA’s Consumer Duty
- Enhanced Consumer Protections: Meet the Financial Conduct Authority's expectations for firms to deliver good outcomes for retail clients, emphasizing transparency and fairness.
