Firms should take practical steps to prepare for the senior managers’ regime (SMR) before it is implemented in March, said Tracey McDermott acting CEO of the FCA...
01 December 2015Washington DC Reporter: Mark Dugdale
A political intelligence firm has agreed to pay a $375,000 penalty for passing non-public information obtained from government employees to hedge funds...
The Financial Conduct Authority (FCA) has fined Barclays more than £72 million for poor handling of a transaction that posed a high risk of financial crime...
27 November 2015Washington DC Reporter: Stephanie Palmer
A former Goldman Sachs employee hired to develop software for preventing misconduct has been charged by the US Securities Exchange Commission for using his knowledge to conduct insider trading...
Regulators in Africa should be more engaged with banks and custodians, and also with their western counterparts, according to Habib Motani, a partner at Clifford Chance...
Italian insurance group Cattolica Assicurazioni has selected GoldenSource’s Market Data Solution to improve pricing controls and accelerate reporting capabilities in preparation for Solvency II...
The FCA has set out the areas of focus for its study of competition in the asset management industry, with the role of consultants and motivation for cost control featuring...
20 November 2015Washington DC Reporter: Stephanie Palmer
The US Securities and Exchange Commission has proposed new rules intended to improve regulatory oversight and transparency of alternative trading systems that trade stocks on national market systems...
Some Australian banks should reconsider their business strategies in light of the Fundamental Review of the Trading Book, according to a white paper from Wolters Kluwer Financial Services...
09 November 2015Brussels Reporter: Stephanie Palmer
Clear separation of costs is integral in the KID required for the PRIIPs regulation, in order for consumers to properly compare products, according to Insurance Europe...
