All regulation news

US Financial CHOICE Act passes House of Representatives

09 June 2017 Washington DC
Reporter: Drew Nicol

US President Donald Trump’s efforts to turn back the clock by gutting the bulk of post-crisis regulation took another step forward yesterday, with the House of Representatives passing the Financial CHOICE Act unopposed

FCA releases results of dividend arbitrage review

07 June 2017 London
Reporter: Mark Dugdale

Some UK-based firms engaged in dividend arbitrage may not be identifying the risk posed by contrived or fraudulent trading for the purpose of making illegitimate withholding tax reclaims, according to the FCA

EC’s forced relocation of euro clearing would weaken financial stability, says FIA

07 June 2017 London
Reporter: Stephanie Palmer

The Futures Industry Association has expressed “grave concerns” about the European Commission’s plans to force relocation of euro clearing

Accuity wins Afghan screening mandate

05 June 2017 London
Reporter: Stephanie Palmer

The First MicroFinance Bank, Afghanistan (FMFB-A) has selected Accuity to provide regulatory screening of customer accounts and cross-border transactions

Deutsche Bank fined $41m for lack of anti-money laundering deficiencies

31 May 2017 Washington DC
Reporter: Drew Nicol

Deutsche Bank is facing a $41 million penalty and a consent cease and desist order from the US Federal Reserve for “significant deficiencies” in its anti-money laundering management

Profile Software enhances services ahead of MiFID II

19 May 2017 Bern, Switzerland
Reporter: Becky Butcher

Profile Software has upgraded its web-based platform for wealth management, known as Axia, with new advisory service capabilities, ahead of implementation deadline of MiFID II's 3 January 2018 deadline.

Shadow banking on the up, says FSB

12 May 2017 London
Reporter: Mark Dugdale

The value of the global ‘shadow banking’ market increased in 2015 to now stand at $34 trillion, according to the Financial Stability Board

Pension funds given three-year exemption to EMIR central clearing

05 May 2017 Brussels
Reporter: Mark Dugdale

Pension funds have been handed a three-year exemption from central clearing of over-the-counter derivatives under the European Market Infrastructure Regulation

Geopolitics causing confusion in financial crime compliance

25 April 2017 London
Reporter: Stephanie Palmer

The Trump administration’s approach to regulation is a concern when it comes to financial crime compliance, but experts speaking at the SWIFT Business Forum suggested that attendees may have bigger fish to fry

DTCC pushes ahead with best-interest standards despite regulatory delay

21 April 2017 New York
Reporter: Stephanie Palmer

DTCC's WMS business will go ahead with new capabilities to meet the US DOL's mandatory best-interest standards for retirement savings, despite the department delaying implementation of the standards

European Parliament takes steps to bolster vulnerable MMFs

10 April 2017 Brussels
Reporter: Stephanie Palmer

The European Parliament has finalised and approved new rules to make money market funds more resilient to turbulence in the market

Carney: Brexit challenges responsible financial globalisation

07 April 2017 London
Reporter: Mark Dugdale

Carney’s speech on financial services, delivered at Thomson Reuters in London’s Canary Wharf, comes a week after the UK triggered Article 50 and commenced the two-year period for negotiating its exit from the EU

Get in touch

Home

Facebook

RSS feed

News