LONDON – Roger Guy, co-head of hedge fund operations at Gartmore, has claimed the UK asset manager’s internal compliance controls are “excessive”. Guy’s co-head, Guillaume Rambourg, was fined...
In this white paper, Gordon Russell, Global Head of Risk at Broadridge Investment Management Solutions argues that the chances of survival in this new environment will be greater for funds that implement solutions to efficiently and cost-effectively manage data and risk.
More David Benyon articles
A report from the US Securities and Exchange Commission (SEC) says the Stanford fraud was ignored for a decade because it was too big and too complex.
An SEC proposal targets high-frequency trading and fund managers in particular.
Lib Dem leader Nick Clegg has committed his party to punitive unilateral bank bonus regulations in the UK election race.
Inadequate reporting systems and controls to prevent market abuse leads to £4.2m fines for three London firms.
Inter-agency funding guidance from US federal banking agencies seeks to learn lessons from the liquidity crisis.
Royal Bank of Scotland (RBS) has settled with the OFT for breaking competition rules with Barclays
The G-20 FSB says financial pay structures are still evolving globally but that progress is good
LONDON – A UK High Court judge has found in favour of inter-dealer broker Tullett Prebon after it accused rival BGC Partners of an “unlawful conspiracy” to poach its top employees. The ruling by...
PARIS – French bank BNP Paribas is launching a virtual training academy in an effort to bolster risk awareness within the group. The Risk Academy is formed of three parts. The first focuses on improving...
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.