Search Results for: compliance
CFTC Issues Proposed Rule on Cross-Border Margin
June 30th, 2015
The U.S. Commodity Futures Trading Commission (Commission) today voted unanimously to propose a rule that would apply the Commission’s margin requirements for uncleared swaps in the context of cross-border transactions (Proposed Rule). The Proposed Rule would apply to Commission-registered ...
Plus500: Trading and Remediation Update
June 30th, 2015
Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces the following Trading and Remediation update. Trading As at close of business on 27 June 2015, the last practicable date, the Group had achieved ...
SEC Charges KKR With Misallocating Broken Deal Expenses
June 30th, 2015
The Securities and Exchange Commission today charged Kohlberg Kravis Roberts & Co. (KKR) with misallocating more than $17 million in so-called “broken deal” expenses to its flagship private equity funds in breach of its fiduciary duty. KKR agreed to ...
Deutsche Bank goes live with KYC service
June 30th, 2015
Deutsche Bank’ Global Transaction Banking (GTB) division has embedded SWIFT’s Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about correspondent banks required for KYC compliance, into its KYC procedures. GTB’s financial institution ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Deloitte partners with Recommind to launch new data analysis tool for OTC contracts
June 25th, 2015
Deloitte, the business advisory firm, today announced an alliance with Recommind, a leader in information intelligence, to deliver a managed service to investment banks, transforming the way Over-the-Counter International Swaps and Derivatives Association (ISDA) agreements are managed. The new offering ...
Silo But Deadly: Fonetic Unveils Unified Front, Middle and Back Office Information Management Solution for Trading Operations
June 25th, 2015
Automatic Trade Reconstruction (ATR™) fuses together trade & communications data for optimised trading processes Fonetic today unveiled ATR™ integra, the first linguistics-based trade reconstruction solution to automatically collect, analyse and match all trade-related data to their corresponding voice and ...
CFOs Say Keeping Up with Technology is No. 1 Concern
June 24th, 2015
What is the greatest source of pressure facing accounting and finance functions these days? According to a recent Robert Half Management Resources survey of 2,200 CFOs in more than 20 US markets, 41 percent said staying current with changing technology is ...
SEC Charges Unregistered Brokers in EB-5 Immigrant Investor Program
June 24th, 2015
The Securities and Exchange Commission today charged two firms that illegally brokered more than $79 million of investments by foreigners seeking U.S. residency. The charges are the first against brokers handling investments in the government’s EB-5 Immigrant Investor Program ...
Bit-X Financial Set to Launch [DIGATRADE™] Cryptocurrency Bitcoin Exchange June 29th
June 24th, 2015
Bit-X Financial Corp. (OTCQB: BITXF), a digital currency bitcoin exchange and internet financial services company, today announced that its new exchange DIGATRADE™ is set to go-live June 29thand will operate under the domain www.digatrade.com. DigaTrade™ will soft-launch on June 26th for exclusive users and ...
