Search Results for: compliance
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 ...
EZE software, provider of investment technology announced integration between execution management system and order management system
December 17th, 2014
Eze Software Group, a premier provider of global investment technology, today announced that they have completed an advanced integration between their best-of-breed execution management system (EMS) and order management system (OMS), combining critical trading and compliance workflows across its ...
SWIFT’s KYC Registry goes live for correspondent banks worldwide
December 15th, 2014
SWIFT announces that The KYC Registry is now available to banks seeking to increase efficiency and reduce risk related to their correspondent banking Know Your Customer (KYC) compliance activities. More than 20 global and regional banks have joined The ...
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 ...
Investec issues apology after analyst’s gaffe
December 11th, 2014
South African bank Investec gave US regulator Benjamin Lawsky a grovelling apology last night, after one of its analysts compared Lawsky’s actions against Standard Chartered to the treatment of Eric Garner – an unarmed black man who died at the ...
Hong Kong Plugs Commitment To Tax Info Exchange
December 1st, 2014
Financial Secretary John C Tsang stressed how Hong Kong has made substantial efforts to introduce the new global standard for the automatic exchange of tax information, while also ensuring data confidentiality, during his speech at the first Certified Tax ...
European Audit Regulators on audit quality issues
December 1st, 2014
Independent audit regulators from Europe, including the Luxembourg, have structured meetings with different stakeholders on audit quality issues. In November, the European Audit Inspection Group (EAIG) met KPMG’s European leadership and the audit standard setters (IAASB/IESBA boards). The meetings are intended to ...
Bitcoin: Luxembourg Researchers find a way to unmask Bitcoin users
December 1st, 2014
According to CryptoCoins News, one of the stated strengths of Bitcoin has, from the beginning, been its ability to provide anonymity and a sense of security on the same level that cash transactions do. When one spends and is ...
France, Italy, Belgium may break budget rules, EU to revisit in March
November 27th, 2014
The European Commission will tell France, Italy and Belgium on Friday their 2015 budgets risk breaking EU rules, but it will defer decisions on any action until early March. At that point, France could face a multi-billion euro fine ...
SEC Charges HSBC’s Swiss Private Banking Unit With Providing Unregistered Services to U.S. Clients
November 26th, 2014
The Securities and Exchange Commission today charged HSBC’s Swiss-based private banking arm with violating federal securities laws by failing to register with the SEC before providing cross-border brokerage and investment advisory services to U.S. clients. HSBC Private Bank (Suisse) ...
