1644 articles tagged with this keyword
News/Reporting/compliance
US regulatory body Finra has set out its latest guidance to securities firms and brokers on the use of social media sites such as Facebook, Twitter and LinkedIn.
24 August 2011
The London Stock Exchange has agreed a £15 million cash deal to buy the Financial Services Authority's Transaction Reporting Service (TRS).
02 August 2011
The Securities and Exchange Commission is pressing ahead with the creation of a system to collect transaction data from large traders such as banks and hedge funds that will help it to investigate wild stock market swings like last year's May 6 flash crash.
27 July 2011
The Dodd-Frank Act will lead to around 60% of current US over-the-counter (OTC) derivatives market by volume being cleared centrally, according to Citi.
13 July 2011
Industry group XBRL US has launched a Facebook competition, offering $20,000 to the person or group that comes up with the best open source analytical application for investors that uses the format.
12 July 2011
Financial messaging network Swift and the Depository Trust and Clearing Corporation (DTCC) have won two separate industry data management mandates, for the development of a Legal Entity Identifier (LEI) utility and electronic foreign exchange repository.
Interdealer broker Icap has appointed Deutsche Bank veteran Mark Price as group chief operating officer.
11 July 2011
Thomson Reuters has set a mid-2012 deadline to get its trading platforms ready for forthcoming OTC derivatives regulations, as it releases research which shows clear bank unease at the uncertain impact of the new rules on front and back office operations.
Securities regulators are to explore the feasibility of an overhaul of financial market reporting, audit and surveillance mechanisms in an effort to keep pace with the increasing volumes of data generated by technology-powered trading
07 July 2011
Shares in major US issuing banks and card schemes moved up late Tuesday as the Federal Reserve issued a watered-down take on the Durbin Amendment on interchange fees, setting the cap at 21 cents per transaction, rather than the 12 cent ceiling proposed in earlier consultations.
30 June 2011
US banks have been told by regulators to improve online banking authentication to protect customers increasingly at risk from fraud.
29 June 2011
The Financial Services Authority is ready to launch a crack-down on bank anti-money laundering practices after finding serious weaknesses in banks' systems and controls and a willingness to turn a blind eye to profitable business relationships with high-risk customers and regimes.
23 June 2011
Pay scales for IT contractors in the City have begun to bounce back after the recession, as a Europe-wide shortage of skills for Solvency II and Basel III compliance coupled with renewed financial services investment drives up rates.
10 June 2011
The UK government is planning to scrap a raft of criminal penalties for firms that fail to use proper systems and controls for fighting money laundering.
09 June 2011
A group of proprietary trading firms have set up a European lobby group as they prepare for greater regulatory scrutiny of high-frequency trading.
08 June 2011
Actiance has released an upgrade to its social media monitoring platform that allows financial services firms to keep track of changes made to employee LinkedIn profiles.
US and UK banks are already making changes to their capital markets operations to help meet new regulations, even though these rules are still clouded in uncertainty, according to research commissioned by Capco.
03 June 2011
The world's biggest sell-side banks have formed a working group to push the adoption of FIX connectivity for fixed income trading.
01 June 2011
Japan's Financial Services Agency has ordered Mizuho Bank to review its group-wide IT systems and contingency planning strategy and rectify defects in its corporate culture following a major technology failure in March.
Morgan Stanley Smith Barney is set to become the first big American wealth manager to let its brokers use Twitter, although each message will have to be pre-approved by the firms.
26 May 2011
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