RBS's head of investment banking arm to step down in wake of findings
Reticence among certain insurers to quantify operational risk also to blame for lack of progress in model development
Hotly anticipated final Fatca regulations leave industry disappointed and without an agreement for non-IGA FFIs
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.
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Industry hopes for more detail and draft agreements later this month
Clients still in the dark about RDR fees despite January 1 deadline passing
Less-used rates will be produced until May 2013
Cabinet office minister warns of growing threat to UK banks from online attack
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.