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Operational risk

Time to get cracking on Mifid

I always find the purple and green backlighting that the Financial Services Authority uses on the stage sets at its events to be a bit disconcerting – something about the colour combination makes my eye ache.

Prompt Corrective Action can assist prudential regulation

The Bank for International Settlements (BIS) has published a working paper to determine if Prompt Corrective Action (PCA) on the part of regulators is the best method to use against banks with inadequate levels of book-value capital. The report, ‘Dynamic…

Europe lagging on Mifid implementation

Europe's financial institutions are unprepared for the implementation of the Markets in Financial Instruments Directive (Mifid), according to a survey by the international financial services firm KPMG.

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