Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
The Financial Conduct Authority (FCA) has launched a consultation paper proposing material changes to the client assets rules that hold client money, custody assets, collateral and/or mandates (or r
MartinWheatley, the Financial Conduct Authority's (FCA) Chief Executive, spoke at the ABI Biennial Conference. In his speech he discussed the FCA’s first hundred days and also looked at future tren
When Tim Berners Lee invented the World Wide Web, I doubt he could have envisaged the multitude of uses for the HTTP protocol and the business transformation it would cause. The disruption to existi...
The IT industry has long segregated consulting skills from those in domain, implementation and sales. They have recruited, trained and nurtured employees for consulting roles in business strategy and ...
The recent article talking about the “Courier Scam” published in The Guardian is an interesting read for those of us in the industry, and an important one for both consumers and banks to pay attention...
Emerging trends-Impact on banks & what they are doing Currently, the main focus across banks is on innovative use of technology and in the below three streams: 1. Products, services and markets ...
Much has been written about the pressures on banks in a highly regulated post-crisis market. Less discussed are the myriad of operational challenges that have since emerged, creating new layers of com...
The Australian Securities and Investments Commission (ASIC) has a new OTC derivatives reform webpage which contains full details of the regime. The new package of rules and guidance includes: the
From September 2013, the starter’s pistol will fire and banks will be required to speed through customer bank account switching within seven days. This is in line with the Vickers report’s recommendat...
Regulation is going to be one of the key themes at Sibos 2013. And this is not surprising, given the tsunami of new regulatory requirements that financial organisations will be inundated with over the...
Australia strengthens financial requirements for custodians The Australian Securities and Investments Commission (ASIC) has published an updated Regulatory Guide 166 "Licensing: Financial require...
US Federal Reserve Board - new final rule on Basel III capital requirements The Board of Governors of the Federal Reserve System has approved a final rule that revises the risk-based and leverage capi...