The UK FSA seeks to require firms to record all relevant conversations made on mobile phones
An irreverent take on the latest developments in structured products
Regulators are increasing pressure on UK firms to demonstrate data protection compliance
Commerzbank has been fined £595,000 for failing to provide accurate and timely transaction reports
Building a robust liquidity risk management system is the top priority at many banks and insurance companies, ahead of the expected introduction of tough new liquidity risk regulations this year and the easing of government support for many financial...
Inadequate reporting systems and controls to prevent market abuse leads to £4.2m fines for three London firms.
The demand for transparency and liquidity makes trading in and out of a structured product extremely attractive to investors. This has resulted in healthy secondary markets across Europe, so why has the UK been so slow to emulate its continental neighbours?...
Structured products have been used as a scapegoat for some of the problems that led to the financial crisis. But Cater Allen, the UK private banking arm of Santander, says transparent products can regain investors’ confidence. Clare Dickinson reports
Despite regulatory scrutiny of life settlement products and concerns over the complexity of assessing longevity risk, the institutional structured product market in the asset class is growing exponentially. But will these products ever be suitable for...
Hedge fund managers might unwittingly be exposing themselves and their firms to compliance risks by failing to fully address the Market Abuse Directive. Should they act now and review internal policies and systems as a key part in abuse detection?
To prevent another financial crisis, should regulators introduce more of the same – that is, greater capital requirements – or should they take a completely different approach and address corporate culture and behaviour instead?
For a moment it looked as if the post-crisis drive for reform was losing momentum. But the Basel Committee on Banking Supervision has established working groups to keep the industry focused, and to propose ways to keep moving forward
Demand for operational risk management experience is pushing up salaries.
Operational risk to be included in future stress tests by the UK regulator.
Senior regulatory figures speak out on future legislation at a Brussels conference