Compliance
Volcker to be implemented through trial and error, expert warns
US regulators' 'heuristic' process for implementing the Volcker rule is called into question
New anti-money laundering recommendations 'will prompt weaker countries to clean up corruption'
Tax crimes to be punished by same laws as AML
Record fine for fraudulent CEO 'not enough', says expert
FSA fine for ex-JC FLowers chief executive 'does not show credible deterrence'
Near-record fines indicate FSA's harsh approach to market abuse
Latest fines include second-highest individual market abuse penalty so far
Brown Shipley appoints head of compliance
Derrick Cain will join the bank next month
Delayed Fatca regulations look set to ignore 'passthru' payments
Further uncertainty expected by the industry once delayed draft Fatca regulations are released
Banks face heavy burden from sanctions in the Middle East
Sanctions side-effects
Supervision not regulation, says SEB's Hansen
Rather than rushing to increase regulation and potentially creating compliance costs and regulatory risks, authorities should be getting involved at the ground level to improve supervision, says Lars Hansen, Swedish insurer SEB Life’s chief risk officer
Off-take deal targets West coast REC demand
Long-term REC off-take deal hedges West coast renewable energy compliance needs out to 2030; RECs demand expected to increase
Regulatory pressure prompts Bank of Singapore to name new compliance chief
OCBC subsidiary splits risk and compliance roles
Cagan appointed head of op risk at JP Morgan
Cagan moves from compliance role at Citi to new op risk post
Deutsche's Sutton: industry must collaborate on Fatca front
The industry must come together to prepare for US anti-tax evasion regulations in the same way it has collaborated on the legal entity identifier project, according to Deutsche Bank's Julia Sutton
Fatca costs will fall on European firms, says JP Morgan exec
Head of European sales says new legislation produces an "untenable situation" where if clients choose to be non-compliant, firms will have to disengage from them
China's financial regulation 'needs improvement'
The World Bank's first assessment of the financial sector in China finds inadequacies in its regulation
Energy Risk CEE: New EU regulations create confusion for firms, says panel
A new alphabet soup of financial services and energy market regulations are making firms nervous about their ability to comply, said panellists at Energy Risk's Central and Eastern Europe conference
Non-US banks stunned by Volcker compliance regime
Non-US banks stunned by Volcker compliance regime
Turner warns of capital requirements dilemma
FSA chair Adair Turner insists on the consideration of counter-cyclical macro-prudential policies in the run-up to regulatory structure overhaul
Cofunds appoints new risk and compliance director
UK investment platform Cofunds appoints Paul Miller as risk and compliance director
SEC files subpoena enforcement action against Deloitte
SEC files subpoena enforcement action against Deloitte
Axa Rosenberg clients 'betrayed' by co-founder
Clients of Axa-Rosenberg lost $217 million because its co-founder concealed an error in one of its models, regulator says
Cost of control: balancing risk and expense
Cost of control
Banks face high costs for Fatca compliance
Banks might need to set aside up to 40% of their operations change budget to make themselves Fatca compliant
Ernst & Young's Hank Prybylski discusses risk management in a time of reform
Hank Prybylski of Ernst & Young LLP discusses how firms are effectively dealing with risk management during a time of intense focus on financial regulatory reform.