4354 Results from /regulation
Martin Bailey Technology Product Director at Temenos
When we recently bought a property, we had to engage the services of a solicitor in order to do the conveyancing. Part of the process involved a number of searches. A line of highly paid professionals formed at vast expense to give us their considered opinion on everything from the structural integrity of the property through to whether it was abo...
15 August 2012 /regulation Finance 2.0
Retired Member
With the public accusation of money laundering against Standard Chartered, and its subsequent settlement with the New York State Department of Financial Services, it got me thinking – how do the regulators ensure banks are playing by the rules? Without infinite resource at their disposal, regulators currently have to focus their attentions on a sel...
15 August 2012 /regulation
Gary Wright Analyst at BISS Research
Money laundering continues to be a scourge on financial services. Recent cases of some of biggest and most respected banks clearly demonstrate that as time goes by the risk of money laundering keeps increasing. Despite decades of measures and huge expenditure on anti-money laundering systems the figures show we are losing the battle. Indeed the si...
15 August 2012 /regulation Post-Trade Forum
Only 46% of banks are confident that their company has adequate risk management tools and processes, and that management follows risk management recommendations, as found by a recent Tower Watson survey. This article shows how to refine risk management mechanism and maintain risk management culture on a high level. Risk managers are treated as an ...
14 August 2012 /regulation /retail Financial Risk Management
Robert Siciliano Security Analyst at Safr.me
Have you ever thought about what would happen if you lost your mobile phone? These days we rely on our mobile phones more than ever. For a lot of us, it can also be a nightmare if it’s lost, stolen or hacked, especially since today it’s become our most personal computer, But despite the fact that 1/2 of of us would rather lose our wallet than our ...
14 August 2012 /security /regulation
Neil Crammond risk education & real time market abuse at DIVENTO FINANCIALS
since exchanges reduce their regulation budget and expected companies to self regulate we have witnessed a huge increase in "market abuse " and manipulation ; I feel the time has come to have independent regulators who are there for the good of the market rather than the share price . aka 1997 .
13 August 2012 /regulation
With the London Olympics in full swing, one can’t help but think of the state of our industry and the challenges ahead. When it comes to regulation and compliance for the capital markets, we certainly face an Olympian task. At present, we aren’t exactly in fighting form. The industry has sustained several serious injuries, hampering its ability to ...
09 August 2012 /regulation
I was listening to some music from my youth - Little Fluffy Clouds - The Orb - whilst watching the thunder clouds gather outside of my office. We all know that clouds live in the sky, these amorphous collections of water droplets high above our heads, drifting from location to location, with no intervention from us on the ground. To a great extent...
07 August 2012 /security /regulation Innovation in Financial Services
Marc Murphy CEO at Fenergo
The introduction of the proposed Standard Legal Identifier (LEI) is a golden opportunity for many financial institutions to enhance and improve overall client data management and achieve the coveted cleansed legal entity data repository. The ability to assign a single, unique identifier to each and every legal entity - that can be shared both with...
07 August 2012 /regulation /wholesale Data Management 101
NFC is an acronym for near field communication, a wireless technology that allows devices to talk to each other. In the case of a mobile wallet application, those devices would be a mobile phone and a point of sale device at a checkout counter. Visa is testing out its NFC service PayWave contactless payment service at the Summer Olympics in London....
07 August 2012 /security /regulation
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