Search Results for: Financial Industry Regulatory Authority
Playtech: Interim results for the six months ended 30 June 2015 – Directorate Change
August 27th, 2015
Delivering on our strategy – strong underlying growth and strategic M&A Playtech (LSE: PTEC) today announces its unaudited interim results for the six months ended 30 June 2015 together with a trading update for the period to 24 August ...
Fighting money laundering in the back office
July 7th, 2015
Back Office Workforce Optimisation solutions are key to solving regulatory issues within the financial services sector Organisations are on high alert for signs of money laundering. Alerts raised in the field or by detection systems need to be investigated ...
ECUREX Becomes the First Digital Currency Exchange Platform to Be Fully Compliant with the Swiss Banking Act
June 5th, 2015
ECUREX GmbH announced today that it has become the first digital currency exchange platform to be fully compliant with the Swiss Banking Act. After sixteen months of investigation, the Swiss Financial Market Supervisory Authority (FINMA) released on 19 May 2015 ...
ASIC blocks forex broker’s IPO
May 14th, 2015
The corporate watchdog has blocked the potential float of an online foreign exchange broker, FX Primus, as concerns mount about the prevalence of brokers setting up shop in Australia to target forex punters in the region. FX Primus Group ...
MAS Strengthens Regulations against Money Laundering and Terrorism Financing
April 24th, 2015
The Monetary Authority of Singapore (MAS) today issued revised Notices to financial institutions (FIs) on anti-money laundering (AML) and countering the financing of terrorism (CFT). The revisions are benchmarked against international best practices and the latest recommendations of the ...
European Banks’ Reciprocity Draws Scrutiny
March 2nd, 2015
When Deutsche Bank AG hired 25 banks last summer to help it raise about $9 billion of new capital, it made some unusual selections. In addition to a handful of Wall Street stalwarts, three Italian banks made the cut. ...
FCA sets out approach to Non-Executive Directors and the Senior Managers Regime
February 23rd, 2015
Non-Executive Directors (NEDs) with specific responsibilities, such as Chairman, will come under the new Senior Managers Regime (SMR), the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) confirmed today. Following a detailed consultation across industry and with stakeholders ...
Standard Chartered CEO Is Under Pressure From Shareholders, Regulators, Staff
January 29th, 2015
Bank’s Top Shareholders Privately Push for New Leadership Amid Investor, Regulatory Anxiety Hundreds of Standard Chartered PLC’s most senior executives gathered earlier this month on Singapore’s Sentosa island to address the global bank’s dimming fortunes. From a lectern at ...
U.K. regulators hit hurdles on fixing benchmarks
December 18th, 2014
U.K. regulators are expected to report in coming weeks on plans to fix global financial benchmarks. But efforts so far under way are already running into difficulties. Some market participants are worried that a new benchmark silver price isn’t ...
HSBC sets aside head of European forex trading
December 11th, 2014
HSBC has sacked its European currency trading chief in the wake of a huge $618m (£394m) fine for manipulating the £3.3trn a day foreign exchange market. The bank is understood to have “let go” Stuart Scott on Tuesday following ...
