Articles by David Benyon
Trading fall prompts amendment to the Dodd Bill
Last week’s drop in US markets could yet provoke regulatory fallout
Operational risk possible cause of US equity nose-dive
Fat finger error mooted as possible cause for US market plunge
US insurers taking up GRC in budget drive, says expert
Insurance firms are using GRC to cope with tight budgets and heavy compliance burdens
EBF urges restraint on remuneration regulation to protect EU competition
An EBF report calls on EU governments to hold back on punitive reforms to banking bonuses because they may threaten the competitiveness of EU financial centres
Data management key to understanding systemic risk, says expert
Systemic risk management will require enterprise-wide information gathering
Natural selection -- Software rankings
This year’s OR&R software survey shows that not only is operational risk management expanding way beyond its initial remit, but governance, risk and compliance is also establishing itself as a firm favourite among those looking to weather recent market…
UK data protection changes turn tables on firms
Regulators are increasing pressure on UK firms to demonstrate data protection compliance
US SEC had suspected Stanford Ponzi scheme since 1997
A report from the US Securities and Exchange Commission (SEC) says the Stanford fraud was ignored for a decade because it was too big and too complex.
Hedge funds targeted by SEC large-trader reporting proposal
An SEC proposal targets high-frequency trading and fund managers in particular.
Liberal Democrats plan unilateral approach to bank pay reform
Lib Dem leader Nick Clegg has committed his party to punitive unilateral bank bonus regulations in the UK election race.
Recession has silver lining for GRC concept
Ideas about governance, risk and compliance are still evolving, but the downturn has provided a chance to put them into action.
UK Parliament set to pass bribery bill
The UK Bribery Bill will be passed imminently, bringing the country into compliance with OECD anti-corruption guidance.
FSA fines Credit Suisse and two others £4.2m for transaction reporting failures
Inadequate reporting systems and controls to prevent market abuse leads to £4.2m fines for three London firms.
US regulators release inter-agency liquidity risk guidance
Inter-agency funding guidance from US federal banking agencies seeks to learn lessons from the liquidity crisis.
RBS fined £29 million for sharing pricing information
Royal Bank of Scotland (RBS) has settled with the OFT for breaking competition rules with Barclays
FSB peer review report says jury still out on compensation structures
The G-20 FSB says financial pay structures are still evolving globally but that progress is good