Search Results for: financial institutions
R3 brings eleven major global financial institutions together on a cloud based distributed ledger
January 21st, 2016
Financial technology innovation company, R3 CEV, today announced the successful completion of a ground breaking distributed ledger experiment involving eleven of the world’s largest financial institutions. R3 and consortium member banks Barclays, BMO Financial Group, Credit Suisse, Commonwealth Bank of ...
Financial institutions believe common reporting standard will be more taxing than FATCA – KPMG
September 21st, 2015
With a Jan. 1, 2016 effective date looming for 50 “early adopter” jurisdictions set to enact a new international Common Reporting Standard (CRS) for reporting financial account information, 61 percent of respondents to a KPMG survey of executives at ...
Financial Institutions Benefit from Video-Driven Analytics and Insight with March Networks Searchlight4
April 2nd, 2015
March Networks®, a leader in intelligent IP video surveillance for financial institutions worldwide, is pleased to introduce March Networks Searchlight™4 for Banking. The new, video-based business intelligence solution provides banks and credit unions with exceptional insights into customer service, ...
Exchange of Letters on co-operation in the area of financial institutions supervision with the Indonesia FSA
January 27th, 2015
On January 23, 2015, the Financial Services Agency and the Indonesia Financial Services Authority (Otoritas Jasa Keuangan: OJK) exchanged letters on co-operation in the area of financial institutions supervision. In view of the growing globalization of the world’s financial ...
Moody’s downgrades three major Russian Financial Institutions
January 20th, 2015
Moody’s Investors Service has on Monday 19, 2015 downgrades three major Russian Financial Institutions namely Sberbank, Agency for Housing Mortgage Lending OJSC and Vnesheconombank. These actions follow the weakening of Russia’s credit profile, as reflected by Moody’s downgrade of Russia’s ...
b-next enhances CMC:Global Control Room to monitor financial institutions’ global trading and banking activity
October 24th, 2014
b-next, a specialist provider of capital markets compliance solutions, announced the enhancement of its proprietary CMC:Global Control Room web-based tool to provide financial institutions with a comprehensive view of all activities across its global operations. The CMC:Global Control Room ...
The ECB’s financial suttee
March 22nd, 2021
The European Commission is failing. Its response to Brexit and the pandemic, where it is now threatening emergency powers in order to secure vaccines is a latest throw of the political dice. Even before this development markets were getting ...
Singapore Financial Regulator releases updated guide for Initial Coin Offerings
December 5th, 2018
The Monetary Authority of Singapore (MAS), the city state’s central bank and financial regulator, has released an update to its guide for businesses looking to raise money through initial coin offerings (ICOs). The paper, titled A Guide to Digital ...
Beware: 7 most common online financial scams
October 23rd, 2018
Europol and the European Banking Federation launch awareness campaign on 7 most common online financial scams. Europol’s European Cybercrime Centre (EC3), the European Banking Federation and their partners from the public and private sector are kicking off today the ...
Joint reviews by HKMA and SFC on managing conflicts of interest in financial groups
November 28th, 2017
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) issued a circular highlighting observations from their recent joint thematic reviews on the potential conflicts of interest arising from the sale of in-house products by registered institutions ...
