French bank completes statistical study on statistical properties of fraudulent funds
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Fraud articles
Creativity is an essential ingredient of a successful and growing business, and financial institutions are no exception. However, also riding the crest of the innovation wave are criminal organisations with the technical sophistication to exploit weaknesses...
Banks must think strategically instead of tactically; committing to the long haul to fight financial crime
Fraudster charged with swindling pensioners in a multimillion-dollar scam.
Having a more efficient and enterprise-wide approach to fraud risk management is one way to ensure a firm is well protected in a tense market without involving significant expenditure. A panel of experts convened by Operational Risk & Regulation discuss...
Closure of SEC investigation into Moody's demonstration of the regulator's new powers under Dodd-Frank
Relaxed registration rules for Transmission System Operators (TSOs) could increase VAT fraud in the power and gas over-the-counter (OTC) markets as exchanges tighten controls, say analysts
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.