Ex-regulator and head of compliance quits UK bank citing stress
Report by Treasury Select Committee reviews plans for new agency's role in European regulatory decisions
Experts believe multi-million-pound fine issued to HSBC to be continuation of FSA focus on banks' retail failings
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 Hector sants articles
Committee will monitor macroeconomic conditions to help UK avoid another crisis
Head of UK regulator "extremely sympathetic" to calls for release of report
UK Financial Services Authority chief and future Bank of England deputy Hector Sants says neglect of financial stability was Bank's gravest policy error
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.