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RBS transaction reporting fine emphasises that FCA expects firms to get it right: The Financial Conduct Authority (FCA) has announced that it has fined the Royal Bank of Scotland (RBS) £5,620,300 for ...
Banks are under intense regulatory pressure to improve their services and mitigate financial risk while providing more lending to businesses and consumers that’s critical for a return to growth in man...
Nobody knows the future of mobile payments. At a couple of recent conferences, we've noticed that straw polls of delegates revealed they were roughly split between those who thought that phone paymen...
So - not the most original title, but I did promise a follow-up to my recent blog post: "Big Data and Payments Drive Loyalty in Consumer Banking" In the 'consumer edition' of the blog I sug...
Release from the FCA on how it intends to deliver on its responsibilities, will be very interesting to see how much of this is reiterated in the Regulation and Rebuilding Trust plenary session at Sibo...
Last month, global consulting firm KPMG said the banking crisis in the UK was pretty much over. But, even as they issued this good news, KPMG clawed it back with a warning about the next crisis. Havi...
I don’t venture to the north of England often, but I do have a work colleague who hails from Yorkshire – the origin of the phrase “where there’s muck there’s brass”. Its basic meaning is that there is...
The International Organization of Securities Commissions (IOSCO) published a working paper, with the World Federation of Exchanges (WFE), on cyber-crime, securities markets and systemic risk. The rep...
I was invited to participate in the "Mobile wallets" panel at the Europe's Customer Festival. I don't exactly know what we will be discussing as the truth is: there are no mobile wallets......
The Basel Committee on Banking Supervision (BCBS) has published the reporting templates and accompanying instructions for two consultations on proposals for: the non-internal model method for measu
Notice 2013-43 provides a six-month extension for when withholding under the Foreign Account Tax Compliance Act (FATCA) will begin (i.e., payments after June 30, 2014) and for implementing new accoun...
Liquidity management is essential to any multinational organization's financial framework. As the role of the corporate treasurer becomes increasingly strategic, they are paying more attention than ev...