Financial Conduct Authority (FCA)
Whistleblowing: the case for financial incentives
UK authorities are edging closer to offering bounties to encourage whistleblowers
UK banks improving on sales incentives, says FCA's Wheatley
Three out of four major UK banks now link incentives to more than just sales, regulator says
AIFMD continues to cause concern among hedge fund managers
Sponsored forum: AIFMD
Big European companies reject third-party reporting for derivatives
Corporates fear they will still pay the penalty if mistakes are made by delegated reporting services
Energy trading firms unprepared for Emir and Remit, poll finds
Many energy market participants are worryingly unprepared for Emir and Remit, according to a recent poll by Energy Risk
Cross-border stricter-rule-applies approach causing confusion
Global regulators have agreed to cooperate when implementing new derivatives rules on a cross-border basis, but market participants are unsure as to how this will work in practice
Icap fined $87.4m for Libor manipulation as brokers charged
CFTC and FCA impose fines of $65 million and £14 million
JP Morgan fined $920m over 'woefully deficient' London Whale controls
UK and US authorities fine bank over $6.2 billion trading losses in July 2012
First substituted compliance determinations by year-end, says Gensler
CFTC chairman confident that first entity-level determinations will be complete by December 21, but is less certain about transaction-level requirements
Gensler not ruling out targeted Sef relief
CFTC chairman recognises difficulty in meeting October 2 Sef deadline, but says platforms need to be targeted in requests
FCA: insurers are 'undermining' RDR rules
Regulator finds that "more than half" of UK insurers are still offering banned inducements
PPI-related complaints show signs of levelling off
Modest increase in complaints related to payment protection insurance
FCA quizzes hedge funds on interest rate exposure
Regulator wrote to large hedge funds in August, following volatility in UK interest rates market
FCA figures suggest true cost of rate hedge mis-selling
Settling complaints of mis-selling complex interest rate products could cost UK banks billions
PPI payouts heading for £11 billion mark
FCA figures show no sign of slowing as banks step up provisions for payouts
Morgan Stanley loses retail structured products head
Copplestone exits Morgan Stanley
Tax clampdown hits UK hedge fund LLPs
Changes in UK taxation rules coupled with restrictions on employee remuneration in the AIFMD could lead to higher costs and some complications for hedge fund limited liability partnerships (LLPs)
FCA AML report raises concerns about money service business going underground
UK regulator's first annual AML report highlights risks of closing certain banking services
High-frequency trader fined $3.1 million for market manipulation
CFTC, CME and FCA fine Michael Coscia and Panther Energy Trading in first case of its kind
Trade finance at risk from financial crime, FCA warns
UK regulator says 'significant room for improvement' needed at most banks
FCA narrows AIF definition for SPVs
The UK regulator calms reclassification fears by exempting SPVs that issue debt securities from being classed as alternative investment funds
Bank supervision gets personal as UK focuses on accountability
Regulators and politicians in the UK want bankers to be more accountable for mistakes made by themselves and their teams. But while supervisors are trying to expand the existing sanctions regime, politicians are seeking a more radical overhaul. Lukas…
FCA to scrutinise funds' op risk, expert warns
EU Alternative Investment Fund Managers Directive requires greater formality over op risk