Sign In
Get Clay Free →

Suggestions

    Richard Young

    Industry Affairs, Regulation, Symbology, Data Strategy and Standards.

    Richard Young is a finance professional with over 30 years of experience, currently serving as Industry Affairs, Regulation, and Symbology Strategist in Bloomberg LP’s Data division since September 2015.1 His work focuses on advancing Bloomberg’s open data and reference data services, particularly promoting standards like the Financial Instrument Global Identifier (FIGI) and Legal Entity Identifiers (LEIs) for regulatory compliance.1 Key aspects of his role include:

    Regulatory and Industry Engagement

    • Collaborates with regulatory bodies (e.g., ESMA, FCA) and industry associations (e.g., ISDA, ICMA) to align Bloomberg’s data services with compliance requirements for regulations like MiFID II, EMIR, and ESG initiatives.12
    • Chairs committees such as the British Standards Institute Financial Services committee (IST/12) and participates in ISO working groups to shape data standards.1

    Focus Areas

    • FIGI Standardization: Advocates for FIGI adoption as a global identifier for financial instruments to streamline regulatory reporting.1
    • LEI Services: Promotes Bloomberg’s role as an LEI issuer to support regulatory transparency.1
    • Emerging Trends: Addresses challenges in crypto/digital assets and ESG data standards.1

    Prior Experience

    • Head of Regulatory Affairs at SWIFT (2011–2015): Analyzed regulatory impacts on payments, securities, and treasury markets, and developed compliance-focused services like trade reporting and sanctions screening.1
    • Account Manager at SWIFT (1994–2001): Expanded SWIFT’s network by connecting broker-dealers and asset managers.1

    His career spans roles at J.P. Morgan, London Stock Exchange, and NatWest Group, underscoring his expertise in financial data strategy and regulatory compliance.

    Related Questions

    What are Richard Young's main responsibilities at Bloomberg LP?
    How has Richard Young contributed to the development of the FIGI standard?
    What regulatory bodies does Richard Young frequently interact with?
    How long has Richard Young been working at Bloomberg LP?
    What was Richard Young's role at SWIFT before joining Bloomberg LP?
    Richard Young
    Richard Young, photo 1
    Richard Young, photo 2
    Add to my network

    Location

    London, England, United Kingdom