Compliance
Six Securities Services names Wieland as clearing chief
Urs Wieland has been named CEO of Six Securities Services
NCB appoints vice-president of financial audit and control
NCB has appointed Jonathan Klugman as vice-president of financial and audit control
Curing the culture of fraud
Internal affairs
Texas could face power shortages due to new EPA rule: ERCOT
Pollution rule could impact long-term ERCOT reliability and create additional costs as power plants devote resources to understanding the new system, ERCOT warns
California carbon scheme delay “prudent”: EDF
California's decision to delay carbon trading compliance until 2013 “will give the cap-and-trade programme it’s best chance of success”, says AB 32 co-sponsor
Energy companies warned on end-user status
Energy Risk USA speakers concerned about reliance on end-user status; urge energy companies to begin Dodd-Frank compliance planning
The ORR 20: Compliance software rankings 2011
GRC is back
SEC appoints director for national broker-dealer examination programme
Will oversee a staff of about 300 responsible for the inspections of US-based broker-dealers
Firms’ misdemeanours keep FSA in the money
The total number of fines issued by the FSA since its records began has now reached £239.8 million
Control frameworks need top-down approach
Control chaos
Vote for the top compliance software vendor
Vote for the top vendor in a variety of compliance and risk management categories
UK fines increase as FSA ditches soft approach
No more Mr Nice Guy
Eiopa: Internal models beneficial under Solvency II
Eiopa: Internal models beneficial under Solvency II
OpRisk North America: ‘Nasty’ new regulation threatens foreign banks in the US
The Foreign Account Tax Compliance Act expected to impact on the systems and operations both of US and foreign firms
UK Bribery Act guidance fails to clarify compliance issues
New guidance from the Ministry of Justice and the Serious Fraud Office helps in some areas but muddies the waters
Finra fines Lincoln Financial $600,000 for customer data failings
Finra fines Lincoln Financial $600,000 over info
AXA Rosenberg to pay $240m after failing to disclose coding errors
AXA Rosenberg pays $240m for failure to disclose code errors
Ernst & Young's Hank Prybylski discusses challenges banks face today
Global financial services risk management leader Prybylski discusses forecasting, risk appetite, and Basel III
How smaller UK firms can handle the Remuneration Code
Firms have until July 1 to comply, but experts says they can reject "pernicious" parts of FSA regulations
Gartmore deal boosts Henderson’s hedge fund business
Series of scandals at Gartmore results in fund giant being taken over by smaller rival
Preparing for new EU data requirements
Getting the house in order
Straley moves to Accenture to run risk management for Asia
Phillip Straley has left consultancy Ernst & Young to join rival Accenture where he will lead the risk management services division for Asia Pacific.
Corruption dubbed most pervasive op risk for 2011
Control Risks report highlights the impact of the UK Bribery Act on operational risk management