New legislation means more study and rule-makings needed, creating operational risks for banks
More details emerge on how the new regulatory regime in the UK will be structured
The planned Consumer Financial Protection Bureau could drive US focus on treating customers fairly for retail banking and credit products
More David Benyon articles
LONDON – The US Securities and Exchange Commission’s (SEC) collateralised debt obligation (CDO) fraud lawsuit against Goldman Sachs had been “from our perspective a pretty straightforward case”, according to Scott Friestad, deputy director of...
FRANKFURT – As Jérôme Kerviel’s trial gathers pace in Paris, the alleged Société Générale (SG) rogue trader has already been cast in a number of roles by France’s media: bit-part player in a fraud condoned by the bank’s management, a cog...
FRANKFURT – A new wave of German banks is applying to use the advanced measurement approach (AMA) for operational risk, and is turning to alternative sources for external loss data. This second tier of five AMA-aspirant banks is composed of medium-sized...
The Federal Deposit Insurance Corp says its plan to link banks’ compensation arrangements with premiums is “complementary” to supervisory guidance issued jointly by regulators
LONDON – UK firms should not overreact to Section 166 requests resulting from Financial Services Authority (FSA) Arrow inspections, according to financial crime and compliance experts speaking at the International Derivatives Expo event in London. ...
LONDON – Fund managers in the US have begun to use outsourced shadow accounting to improve operational risk oversight and provide third-party objectivity for investor disclosure. Outsourced shadow accounting will be used to mitigate general operational...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
Hong Kong, 1st - 31st Dec 2014
UK, 18th Mar 2015
Australia, 12th - 13th Aug 2014
Australia, 14th Aug 2014
USA, 20th - 21st Aug 2014