FINRA exam priorities for 2014 incorporate enterprise wide, risk-based approach
By Guest Contributor NEW YORK, Jan.7 (Thomson Reuters Accelus) - Broker dealers have been put on notice of regulatory priority areas where they will be examined in 2014. The topics seen as posing...
View ArticleRegulators release public portions of resolution plans for smaller banks
By Guest Contributor NEW YORK, Jan. 16 (Thomson Reuters Accelus) – The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) released the public portions of resolution plansfor 116...
View ArticleSmall banks await regulatory fix on Trust Preferred Securities portion of the...
By Guest Contributor NEW YORK, Jan. 24 (Thomson Reuters Accelus) - Banks that have relied over the years on a special type of assets to fulfill their capital requirements may soon have to restructure...
View ArticleBig banks fall short on data requirements, but regulators may share in the blame
By Guest Contributor NEW YORK, FEB. 11 (Thomson Reuters Accelus) – An international study for a bank regulators’ group has found deficiencies in the way banks measured and reported counterparty...
View Article“Big data” tools will improve regulatory oversight, FINRA’s di Florio says
By Guest Contributor NEW YORK, Feb. 25 (Thomson Reuters Accelus) - The Financial Industry Regulatory Authority is developing a suite of “big data” information sources and analytics to improve...
View ArticleSpecial report: UK regulators face mounting concerns over their handling of...
By Guest Contributor LONDON, Apr. 4, 2014 (Thomson Reuters Accelus) – Regulators face searching questions about whether they acted effectively in the multi-million pound collapse in 2012 of an...
View ArticleForget HFT; “High Intelligence Trading” is the new frontier for technology,...
By Guest Contributor NEW YORK, Apr. 10, 2014 (Thomson Reuters Accelus) - While fast is good, smart is better, and with untold resources of computing power and memory banks in the clouds, the new...
View ArticleCanadian banking outlook downgraded over ‘bail-in’ move, adding to recent...
By Guest Contributor TORONTO, July 17, 2014 (Thomson Reuters Accelus) - In yet another worrying sign for Canada’s financial sector, Moody’s Investors Service has lowered its outlook for the Canadian...
View ArticleU.S. regulators ease credit risk rules on guarantees for banks using advanced...
By Guest Contributor NEW YORK, Aug. 15, 2014 (Thomson Reuters Accelus) - Three major U.S. regulatory agencies have eased requirements under the advanced approach risk-based capital rules by removing a...
View ArticleBankers say “derisking” underway amid sanctions crackdown; that’s the point,...
By Randall Mikkelsen A process of “derisking” is underway by financial firms exiting sectors that represent compliance landmines, bankers said on Tuesday, but a top U.S. sanctions enforcer said that is...
View ArticleBasel committee tightens disclosure requirements for banks
By borayagiz In an effort to streamline banks’ regulatory data through increased transparency, and make them more comparable and consistent across the board, the Basel Committee on Banking Supervision...
View ArticleINTERVIEW: E*Trade bank growth limited by U.S. regulatory asset threshold –...
By Henry Engler The Dodd-Frank $50 billion asset threshold used to categorize systemically important banks has been a strategic business factor for E*Trade, the online broker, and unless there are...
View ArticleCOLUMN: “Swindle & Fraud”– America’s great tradition, from Lapham’s Quarterly
By Henry Engler It is easy to fall into the belief that we are living in special times; that greed, avarice, fraud, and swindle are at new heights; that bankers are worse than they’ve ever been; that...
View ArticleCOMMENTARY: Three steps to more resilient risk-management systems – DTCC risk...
By Guest Contributor By Andrew Gray, Deposit Trust & Clearing Corporation NEW YORK, July 23, 2015 (Thomson Reuters Regulatory Intelligence) - Of all the changes to global financial markets in...
View ArticleGlobal finance leaders to banks: reform culture and conduct or face more...
By Henry Engler A number of the world’s largest banks are still failing to implement much needed cultural and conduct reforms in their businesses, and a failure to do so could spur more government...
View ArticlePromontory, by settling, bows to realities of legal challenges against...
By Henry Engler In a swift reversal of its earlier determination to sue the New York State Department of Financial Services, the Promontory Financial Group, a leading consultant to the industry, took...
View ArticleU.S. industry group balks at higher capital standards for insurance companies
By borayagiz A U.S. financial services trade group has urged industry regulators to reject additional capital requirements for big insurance firms, as proposed by the International Association of...
View ArticleCOMMENTARY: ‘Get tough’ law enforcement needs ‘get tough’ governance, too
By Guest Contributor NEW YORK, Sept. 23, 2015 - The U.S. Justice Department’s initiative to focus on individual culpability in corporate crimes is long overdue and holds the potential, if vigorously...
View ArticleThe growing role of the insurance compliance officer
By borayagiz The role of the insurance compliance officer has evolved from a purely advisory role into a proactive one with internal audit characteristics in the last few years according to a white...
View ArticleU.S. regulatory guidance improves quality of resolution plans, but more work...
By borayagiz Banks need to improve data management and reporting practices in their U.S. mandated resolution plans, but they have nonetheless made progress in meeting regulators’ expectations with the...
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