709 articles tagged with this keyword
News/Reporting/compliance
The UK's House of Lords has urged the European Commission to call a halt to proposed changes to the Markets in Financial Instruments Directive (MiFID II), labelling the reforms as "ill-thought out" and potentially damaging to the City of London.
10 July 2012
The Council of the European Union has adopted a regulation requiring financial firms to clear over-the-counter derivatives contracts through a central clearing counterparty and report them to trade repositories.
04 July 2012
US regulators have published details of banks' plans for living wills, including information on how the organisations' IT systems will cope if they are shut down or broken up.
Sir John Vickers, chairman of the UK's Independent Commission on Banking and architect of a raft of banking reforms, is to be the guest of honour at the next Finextra dinner club event in London on 17 July.
29 June 2012
The International Swaps and Derivatives Association (Isda) has called in Markit to help it develop a system enabling counterparties to amend their over-the-counter derivatives documentation for Dodd-Frank compliance.
08 June 2012
American banks consider technology investment a top spending priority for the year ahead, with platform simplification the most important IT-related project, according to a KPMG survey.
06 June 2012
Payments professionals from banks across Europe are gathering in Edinburgh this week for EBAday, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.
16 May 2012
15 May 2012
Spending on market surveillance programmes covering equities and derivatives trading across Europe will grow by at least eight per cent in 2012, increasing from EUR105 million in 2011 to EUR126 million by 2014, according to research from Tabb Group.
11 May 2012
Financial information vendor Markit has agreed to buy enterprise data management (EDM) specialist Cadis. Financial terms of the deal were not disclosed.
09 May 2012
The Financial Stability Board has abandoned plans for a global registration authority for Legal Entity Identifiers in favour of a federated network, dealing a hammer blow to the ambitions of interbank messaging network Swift to play a central role in the roll out of the new standards.
04 May 2012
Nasdaq OMX Group has agreed to acquire BWise, an enterprise governance, risk management and compliance (GRC) software vendor. Financial terms of the deal were not disclosed.
03 May 2012
Six EU member states - Belgium, Spain, France, Cyprus, Poland and Portugal - have been threatened with legal action by the European Commission unless they comply with one-year old rules on e-money issuance.
27 April 2012
Almost seven out of 10 North American capital markets executives believe a significant portion of their firms' resources will be consumed by regulatory burdens and data latency issues, according to a Sybase survey.
18 April 2012
The US Securities and Exchange Commission has charged online brokerage optionsXpress, four of its employees and one customer in connection with a naked short selling scheme.
17 April 2012
International banking and securities regulators have set out new and more demanding standards for operators of payments, clearing and settlement systems as part of an international effort to boost the resiliency of the financial markets.
16 April 2012
European lawmakers have approved tough new rules governing trading in the over-the-counter derivatives market.
29 March 2012
A European Parliament report is calling for the Commission to toughen up its crackdown on high-frequency trading under MiFID II.
26 March 2012
Nasdaq OMX has postponed plans to introduce interoperable clearing in the Nordic cash equity markets in April, citing regulatory uncertainties.
Coutts, the private bank owned by RBS, has been fined £8.75 million by the Financial Services Authority (FSA) for anti-money laundering systems and controls failings.
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