Bovill is an independent, specialist financial services regulatory consultancy with a global offering. We are committed to providing practical solutions and with offices in the UK, Asia and the Americas we can offer a globally integrated service.
Are your transaction reports up to scratch? How to spot errors early and avoid hefty fines14 December 2018 / UK & EuropeIt’s not an exaggeration to say that transaction reporting was a major source of worry for many of us facing the new regime. But we got there. We gathered the data. We produced detailed files. We dealt with copious amounts of rejections from, first, the ARMs and then the FCA. There were still problems, mostly with the reference data supplied by ESMA, yet slowly but surely the number of errors and late transaction reports began to shrink, and reporting moved from project work to BAU.