Financial Services Authority (FSA)
FSA defends "risk sensitive" Solvency II data weightings
FSA says weighting of data in SCR calculation should be driven by economic environment - and is not pro-cyclical
Icap appoints Iain Torrens as group finance director
Iain Torrens to move to Icap as group finance director
Andrew Sheen moves roles within the FSA
Sheen moves from op risk policy to the prudential risk department of the UK Financial Services Authority.
UK FSA expresses concern about excessive EU rules
Financial Services Authority's Dan Waters says regulators should gather more information about the systemic risks hedge funds pose
FSA worried over excessive EU rules while firm on proportionate solution for hedge fund pay
UK regulator worried heavy handed rules will drive hedge funds out of Europe, depriving supervisors of information on their European activities
UK restructure could create scary superpower
UK restructure could create scary superpower
UK FSA hits Goldman Sachs with £17.5 million reporting fine
UK FSA hits Goldman Sachs with £17.5 million reporting fine
Cost of op risk failings rising
Outlook: fines
Industry expresses concern over timing of Basel trading book review
Plans to overhaul the Basel trading book in 2011 have raised concerns about implementation targets
Goldman Sachs hit by £17.5m reporting fine
Bank to pay UK regulator for failing to disclose SEC investigation
IIF: banks must do better on disclosing pay practices
Regulatory requirements in the US and Europe mean banks now have tougher pay standards to comply with
European banks more worried about OFAC than local regulators
European banks more worried about OFAC than local regulators
Regulators to finalise living will proposals
Live and let die
Liquidity regulation forces transfer pricing models rethink
The cost of building liquidity buffers will ultimately flow through to clients.
Asset managers feel the op risk pressure
Increased regulatory scrutiny combined with investor demand for better transparency and corporate governance standards is driving improvements in the way operational risk is managed at asset and fund management businesses since the events of the…
Mizuho provides a model model for AMA in Japan
Japan’s regulator points to Mizuho Financial Group’s operational risk management model as an example for banks in the country to follow. Shigehiko Mori, the group’s head of operational risk, talks about how the model works and his plans for continued…
UK FSA bans director amid insurance fraud crackdown
Andrew Jeffery banned and fined over insurance fraud failings
UK FSA targets transaction reporting failures
Failures in transaction reporting and record keeping under Mifid a key concern for the UK regulator
Liquidity risk management sponsored roundtable: Tips of the trade
A panel of experts was convened by Operational Risk & Regulation for this virtual roundtable, sponsored by Sybase, in which they discuss the main challenges facing financial institutions in meeting new liquidity regulations, including the extra data…
The UK revamp: What will get lost in the shuffle?
A new fraud-fighting body is being created as part of the UK government’s shake-up of financial regulation. Some welcome the proposed Economic Crime Agency, saying its integrated approach is just what is needed. Others worry valuable aspects of the old…
UK FSA exodus stokes fears of anaemic operations
Regulator revealed to have shed 121 personnel in second quarter of the year, 128% up on a year previous; insists it still draws top talent, but commentators worry resignations will weaken it
RBS Group fined £5.6m for sanctions control failings
UK regulator issues large fine after banks fail to implement monitoring systems