Articles by Jessica Meek
Draft Fatca regulations will include reciprocity, experts say
Industry experts say Fatca draft regulations are likely to include reciprocity elements
Insurance sector struggles with US regulators' lack of clarity on Fatca
Uneasy anticipation
Regulations will scare off investment in banking sector, insurance industry warns
Banks might find a lack of investment from the insurance sector under current regulatory proposals
July deadline in question for Volcker implementation
Industry experts divided over Volcker deadline of July 2012
Delayed Fatca regulations look set to ignore 'passthru' payments
Further uncertainty expected by the industry once delayed draft Fatca regulations are released
Banks face heavy burden from sanctions in the Middle East
Sanctions side-effects
Supervision not regulation, says SEB's Hansen
Rather than rushing to increase regulation and potentially creating compliance costs and regulatory risks, authorities should be getting involved at the ground level to improve supervision, says Lars Hansen, Swedish insurer SEB Life’s chief risk officer
Chinese banks will avoid Fatca, observers warn
Banks in China will find ways to avoid complying with Fatca, according to industry experts and observers
Leaked EU data privacy laws cause conflict with Fatca
Industry experts warn stricter EU data privacy laws might have implications for Fatca
Cyber Security Strategy needs regulatory backing, expert says
UK government's Cyber Security Strategy release needs regulatory backing, according to one industry expert
Tough Middle East sanctions put AML under spotlight
Banks' anti-money-laundering processes will come under scrutiny in the face of tougher sanctions in the Middle East
Marsh CRO: takeovers, outsourcing and technology are top op risks
On top of the ops
SEC whistleblowing project pulls in seven tips a day
Foreign tips about financial crime unexpectedly common, ex-regulator says
UK fraud whistleblowers need bounties, lawyers say
Legal experts have called for Dodd-Frank-style bounty provision for whistleblowers in the UK
Hedge fund managers charged in connection with multi-billion dollar Ponzi scheme
Two hedge fund managers have been charged by the SEC with facilitating a multi-billion dollar Ponzi scheme
UBS Securities fined $8 million for inaccurate recording practices
UBS Securities has been fined $8 million by the SEC for inaccurately recording 'locates' information
Interview: AXA’s op risk head on the group’s risk reforms
More than capital
UK FSA 'lacks interest' in dialogue with industry over FCA
Industry insiders have warned a UK Treasury Select Committee hearing that the FSA has shown a distinct lack of interest in dialogue over the FCA
UBS 'rogue trading' prompts call for new regulation
Recent events at UBS have prompted one industry expert to call for a specific rogue-trading regulation
Industry split over CCPs' ability to face new risks
There is discord in the industry over whether CCPs will be able to deal with the risks of clearing OTC derivatives as mandated by new regulation
National culture can affect banks' operational risk
National interest
Fears of overreach in Mifid II and Mifir bond rules
Industry experts warn new Mifid and Mifir proposals might push business overseas
Citigroup settles CDO charges for $285 million
The SEC has ordered Citigroup to pay $285 million to settle charges relating to a short position taken against its own CDO investors
Esma outlines aims for regulatory consistency
Consistent effort