Miguel Gomez

As we celebrate our 40th anniversary in business, Marc Fuller takes a retrospective look at the evolution of the compliance landscape since we began trading. Dive into our blog for a detailed breakdown of the significant regulatory shifts over the decades, from the pivotal Financial Services Act of 1986 to the current Consumer Duty regulations. This journey highlights key milestones and the ongoing changes that have shaped the industry. Discover more about these transformations and our commitment to adapting and thriving in a dynamic regulatory environment in our full blog post. #compliance #financialservices #consumerduty https://lnkd.in/eEqbCunh

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During a panel at our Financial Crimes and Regulatory Compliance Summit, held June 10-11 at Fordham University School of Law, experts discussed nuances in bank-financial technology partnerships, offering best practices for how banks should protect themselves. The relationship between banks and fintechs has always been problematic from a compliance perspective, particularly for community and regional banks worried about being left behind by technological advances. Fintechs offer accessible, bank-like services that would take smaller banks months or years to develop on their own, while also offering their banking partners access to new customers who traditional banking models don’t reach. The banks, however, bear all the responsibility if something goes wrong. What happens if the fintech is breached and loses the bank’s customer data? What happens if the fintech processes transactions for terrorist groups or criminals? What happens if the fintech suddenly shuts down? Sheetal Parikh, general counsel and chief compliance officer at banking-as-a-service vendor Treasury Prime, said banks need to have a plan in place to deal with disruptions. Read Aaron Nicodemus' coverage from our latest event at the link below. #compliance #ethics #banking #finance #technology #fintech #Fordham #NewYork #financialservices

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Join us at VISION for an essential session on 'How Advisors are Handling Crypto in Their Practices.' Discover how crypto is transforming wealth management from Marguerita (Rita) Cheng, CFP® of Blue Ocean Global Wealth, Michael Durso, CFA® of ShoreHaven Wealth Partners, and Eric M. Pollackov of Invesco US. Learn about client services, investment strategies, compliance, and asset custody in the crypto space. This session is a must for advisors ready to integrate crypto into their practices. Register now: https://lnkd.in/enEye7g7 . #DACFPVISION #CryptoWealthManagement #FinancialAdvisors

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AFX was recently featured in a Traders Magazine article highlighting our new whitepaper, "AMERIBOR: A Better Credit Sensitive Reference Rate", produced in coordination with University of Massachusetts Amherst’s Marco Macchiavelli. The whitepaper, which examines reference rate options following the cessation of LIBOR in July 2023, outlines the benefits of credit-sensitive rates.   Read the full article for more on how AMERIBOR's advanced cyclical properties compare to other alternative overnight rates: https://lnkd.in/esv3cp9k

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In his latest commentary, Director of Global Markets Research Mike Mullaney discusses the shifting prospects of #Fed interest rate cuts, the continued market dominance of #tech related companies, and what to make of the performance gap between #growth and #value stocks. Read his full analysis here: https://lnkd.in/eaRD9VQU

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