Banks facing wider sanctions and tougher enforcement
International banks must exert more care on dollar transactions
This panel will discuss ways to allocate resources and minimize potential exposure with a set of analytical tools to assess, simulate and quantify operational risk capital to improve business efficiency and performance across the enterprise.
More Sanctions articles
New sanctions on specific companies could trigger CDSs and complicate settlement
Foreign banks struggling to comply with US rules, as BNPP fine shows
Establishing a coherent system of legal entity identifiers has been an important challenge for the swaps industry over the past two years. Now, in the face of regulatory pressure, anti-money launder...
UK regulator's first annual AML report highlights risks of closing certain banking services
UK regulator says 'significant room for improvement' needed at most banks
US regulators issue penalty-free consent orders, while the FSA promises investigation
Sanctions have been lifted, but Burma is still high-risk
Standard Chartered and HSBC attract attention for compliance failures
Clause for concern
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.