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 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.
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 have been handed a three-year exemption from central clearing of over-the-counter derivatives under the European Market Infrastructure Regulation
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'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
The European Parliament has finalised and approved new rules to make money market funds more resilient to turbulence in the market
