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PayPal are bearish on cards - "Plastic Credit Cards Will Become Obsolete in 5 Years". Surprise, surprise! Considering that MasterCard are introducing a digital wallet fee which will affect m...
Last month the UK Government backed many of the core proposals in the UK Parliamentary Banking Commission’s final report. This included proposals to make senior bankers individually responsible for th...
For organizations that depend on live data for their business, achieving network efficiency and effective data management while minimizing the hardware costs associated with making ‘it all happen’ are...
The Council of the European Union announced that its Permanent Committee of Representatives (COREPER) has approved a compromise on the proposed Market Abuse Regulation (MAR). The compromise agreement ...
On 27 June 2013, the Capital Requirements Regulation (CRR) and the CRD IV Directive were published in the Official Journal of the European Union. CRD IV implements the Basel III reforms in the Europe...
The FCA has now confirmed the timescales for the implementation of the changes to rules and guidance required by CRD IV. FCA will consult on: the changes to the FCA’s rules to implement the Directive...
So much has been written about the models being the source of all evils in the risk management space. Surely the breaking down of correlation matrices was responsible to a large extent in the erroneou...
Teenage children of our friends taught me the most typical response they often give to their parents - stretched out index fingers and thumbs forming "W". "Whatever..." (If you the...
It has long been an American tradition that “all which is not forbidden is allowed.” While I am not in favor of the described “spoofing” activities, I see nothing but political score making behind the...
The Financial Conduct Authority (FCA) has published the third edition of its policy development update, which contains the timetable for future publications, including in: Q3 2013 a document on “C
Despite a booming domestic economy, Australia’s asset managers are taking an increasingly global approach to investment. But in the face of changing regulation, both at home and abroad, do they have t...
There’s little doubt that the six-month FATCA compliance delay is a welcome reprieve for foreign financial institutions (FFIs) across the world. It comes at a time when FFIs were beginning to feel ove...