Financial Services Authority (FSA)
Risks and opportunities of social media
The rapid growth of social media over the past decade has left regulators and financial institutions lagging behind as they attempt to deal with the risks it poses. While the industry has made progress in dealing with potential risks, industry experts…
Barclays announces departure of senior staff
The bank's finance director and general counsel are to leave
Solvency II capital tests not part of augmented Icas regime, FSA confirms
Insurers welcome Icas+, although uncertainty remains over future requirements
FSA mis-selling study finds rules broken in over 90% of swap sales
Pilot review finds almost no cases where UK banks behaved properly in selling interest rate hedges to small business
FSA should develop social media guidance, legal expert warns
US FFIEC, meanwhile, releases proposed guidance on social media
CBU director of policy to quit FSA
Sheila Nicoll to leave in April when the FSA transitions to the FCA
Deutsche Bank to lose commodities head
Silbert expected to depart Deutsche Bank; Constellation loses power trading head; Goldman appoints Asia-Pacific trading head; ex-Duet duo launch commodities fund; FSA regulator joins FOA
The effect of RDR on UK retail structured products
The RDR effect
Operational risk loss data – December 2012
Operational risk loss data – December 2012
Insurers welcome FSA concessions on mutual capital
But questions remain over cost and complexity of regulator's proposals
UBS hit by $1.5 billion fine for Libor rigging
Fine reveals further weaknesses in internal controls following rogue trading incident
Editorial: Delivering the message
After spending so much time creating new rules, shouldn't regulators spend a little more time investigating the best ways to get their message across?
Pricing and risk in changing markets
Getting the price right
The Retail Distribution Review: how will it affect structured products?
Braced for impact
Top 10 op risks: incentives and compensation
Top 10 op risks: Incentives and compensation
Top 10 operational risks for 2013
Old and new dangers
Goldman $1.5m fine for rogue trading loss ‘insufficient’, says Chilton
CFTC's Bart Chilton criticises the commission's fine, saying it should be at least five times higher
Phase-in of Solvency II a threat to level playing field, warn insurers
Phase-in of Solvency II a threat to level playing field, warn insurers
FSA outlines plans for Libor reform
Regulator will directly oversee calculation of benchmark rate
UBS fined £29.7 million for controls failures resulting in Adoboli losses
The UK FSA fines UBS for failures in systems and controls leading up to Adoboli's $2.3 billion losses
Margin for longer-dated uncleared FX would be unpopular, FSA official admits
While the idea behind a maturity threshold for forex collateral requirements makes sense to regulators, FSA speaker at FX Week Europe recognises the industry's opposition
Mutuals warn of capital threat from UK 'twin peaks' regulation
Guidance needed on treatment of with-profits fund surpluses under new supervisory regime
Norwegian regulator to ease internal model timetable in wake of Solvency II delays
French regulator also considering adjusting pre-approval schedule
OTC Derivatives Clearing Summit Europe: EU clearing mandates unlikely before August 2013
The first clearing mandates are unlikely to be in place in Europe before August 2013, says Bank of England’s head of payments and infrastructure division