Search Results for: PRA
Banks May Get Extra Time to Soften Up EU Financial-Market Rules
November 11th, 2015
European Commission considers postponing MiFID II start date Delay isn’t set in stone, European Parliament’s Ferber says Financial companies pushing back against Europe’s post-crisis market rule book for the past five years may get more time to chip away ...
JPMorgan’s 2014 Hack Tied to Largest Cyber Breach Ever
November 11th, 2015
Online gambling, bitcoin scam, money laundering among charges Hackers took data on 100 million customers, U.S. alleges The U.S. described a vast, multi-year criminal enterprise centering on hacks of at least nine big financial and publishing firms and the ...
FCA‘s Project Innovate celebrates first anniversary with plans for ‘regulatory sandbox’
November 10th, 2015
The Financial Conduct Authority (FCA) has published plans for implementing a ‘regulatory sandbox’. The sandbox will allow businesses to test out new, innovative financial products, services or business models without incurring all the normal regulatory consequences of engaging in ...
FSB publishes report on implementation and effects of the G20 financial regulatory reforms
November 10th, 2015
The Financial Stability Board (FSB) published today its first annual report to the G20 on the Implementation and effects of the G20 financial regulatory reforms. The report describes progress by FSB member jurisdictions in implementing the financial reforms agreed in ...
Big four accountants ‘quietly’ threatening mid-tier law firms
November 9th, 2015
The resurgence of mid-tier law firms is about to come under pressure from ‘intense competition’ from the big accountancy firms entering the legal market. A report published today by the Royal Bank of Scotland says mid-market law firms had ...
CFTC Releases Annual Enforcement Results for Fiscal Year 2015
November 9th, 2015
Agency Filed 69 Enforcement Cases and Achieved a Record $3.14 Billion in Civil Monetary Penalties Ordered The U.S. Commodity Futures Trading Commission (CFTC) today released the agency’s enforcement results for fiscal year (FY) 2015, which included a record $3.144 ...
Former Rabobank traders convicted in U.S. over Libor rigging
November 9th, 2015
A federal jury found two former traders at Rabobank guilty of fraud on Thursday in the first U.S. trial arising from a global investigation into manipulation of Libor, the leading benchmark for pricing financial transactions around the world. ...
SEC warns for fraudsters who may attempt to manipulate share prices by using social media
November 6th, 2015
The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (“OIEA”) is issuing this Investor Alert to warn investors about fraudsters who may attempt to manipulate share prices by using social media to spread false or ...
Bitcoin Price Goes Beyond $400: How High Will it Go?
November 6th, 2015
The price of bitcoin has shot up again! The steady increase of everyone’s favorite digital currency doesn’t appear to be a fluke. Bitcoin has been on the move practically every week over the last month. Now, in just a matter ...
IBM Unveils Matchmaking Technology to Navigate API Economy
November 6th, 2015
Prepares Clients for the Coming API Economy with Comprehensive Portfolio of Products and Services to Build Business Applications Unleashes New Intelligent Matchmaking Software for Finding and Leveraging the Best APIs New Linux Foundation Collaborative Project to Advance Open API ...
