206 Results from 2012, /regulation
Retired Member
Banks need intelligent IT to increase workforce IQ In another Finextra blog post this month, it was highlighted that as banks move towards agile forms of managing their business, they are dismissing the importance of traditional testing, which can support the overall execution of achieving business goals. Whilst this is a good point to surface...
22 November 2012 /security /regulation
Liquidity has moved further and further up banking executives’ agendas thanks to the growing industry focus as well as regulatory demands for more liquidity to be available in banks. Following the 2008 crash, liquidity has established itself as a risk concern for banks like never before – the failure of Northern Rock was essentially one of liquidi...
22 November 2012 /payments /regulation
Shadow banking may sound like the demon brainchild of Dr. Evil and Gordon Gekko, but about half of the banking system’s assets are in this mostly unregulated realm of finance. And global regulators at the Financial Stability Board recently looked at taming that realm. Liquidity buffers, leverage limits and standards on how to make calculations wer...
21 November 2012 /regulation
Patricia Hines Head of Corporate Banking at Celent
As many others in the Finextra Community did, I recently attended the Sibos 2012 annual conference in Osaka, Japan. Not surprisingly, the three main topic areas for Sibos 2012 were: Global shifts of economic power Regulation: Tangled in red tape? Technology: Keeping pace in an interconnected world Global shifts of economic power As we’ve seen in...
21 November 2012 /regulation Transaction Banking
Below we examine most common mistakes in scorecard development, and explain how to use them for most precise borrower rating and segmentation. Scorecards provide a set of weights assigned to characteristics that demonstrate customer’s credit worthiness. With scorecards, customers are evaluated and rated according to their potential probability. You...
19 November 2012 /regulation /retail Financial Risk Management
Trading stood still on more than 200 companies Monday, as a server kept the New York Stock Exchange from publishing quotes for most of the day. Taken alone, this seems like a technical glitch. But combined with earlier problems, such as Knight Capital in August, Facebook in May, BATS in March and other issues this year, the glitch begins to look l...
16 November 2012 /regulation
Gary Wright Analyst at BISS Research
T+2 settlement looks like it’s on its way to a market near you in the next few years and although I accept that in many markets its not much of a problem in some financial instruments in domestic markets, the problems intensify considerably for cross-border investing. It’s not really a Eurozone issue, as we all know that London is the biggest ...
“There’s a tendency to admire the problem” – I heard this at a conference recently and thought that it was a great expression to capture the way we tend to deal with new regulations. FATCA is one of these problems. Even though the deadlines were recently pushed back, there is no time to stand still and look at the view. It’s time for financial inst...
15 November 2012 /regulation
Robert Siciliano Security Analyst at Safr.me
In my line of work I get emails such as this one: “Hi Robert, I’m not sure if you saw what had happened on my Facebook page last night, but someone stole my cell phone while I was at a concert, and posted all of my naked pictures off of my phone and posted them to my wall. They were up there for hours.” Apparently if you are under the age of 40 th...
15 November 2012 /security /regulation
Ever seek out information online and end up somewhere you never meant to go? I’m not talking about some website that didn’t have what you were looking for, I’m talking about a website that you REALLY didn’t want to go to or would never go to. This is the dark side of the Net. Think of it like this: when you drive, you might make take a wrong turn,...
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.