Conflicts of interest
Realising opportunities while managing conduct risk
As efforts to transition from Libor to risk-free rates ramp up, Maria Blanco and Nassim Daneshzadeh, partners in PwC’s US and UK financial services practices, discuss two critical and interconnected strategies that are front and centre for PwC clients
Ripple effect: The impact of moving away from Libor
Sponsored Q&A
Operational risk: a forgotten case study
This paper is a historical case study of the GAS scandal and is the first to analyze it from the perspective of operational risk.
Front-office backlash: the EU gets tough on research unbundling
Three EU watchdogs – including CNMV and AFM – say front-office content can still be Mifid II research
Citi overhauls bonus system to strengthen conduct culture
Poor conduct score can eliminate bonus regardless of profit contribution
Conflict resolution was lacking at Paradigm, expert says
Inadequate conflict resolution led to SEC whistleblower retaliation case
Conflicts of interest a key concern for Finra
Management of conflicts of interest needs attention, says regulator
Managing conflicts of interest to mitigate conduct risk
Financial institutions must ensure clients' interests aren't compromised
Bundle in the jungle: Cut-price OTC clearing threatens competition
Bundle in the jungle
SEC's Schapiro under fire in Madoff conflict case
SEC's former general counsel David Becker inherited $2 million account with Ponzi fraudster
FSA fines pension-switching services £143,500 over bad advice
Customers were told to switch pensions regardless of situation or requirements, says regulator
SFC fines fund promoter for unauthorised material, failure to disclose interests
Hong Kong SFC fines fund promoter
EU parliament and Council approve rating agency regulation
Daily news headlines
Merrill fined $1 million over conflicts of interest
Losses & Lawsuits
Rating agencies conflicts of interests revealed in SEC report
Daily news headlines
IOSCO out with securities offerings conflicts of interest CP
The IOSCO has published a consultation paper (CP) on market intermediary management of conflicts of interest that arise in securities offerings.
UK FSA announces own conflict-of-interest rules for banks
Today the UK's Financial Services Authority (FSA) has released Consultation Paper 171, designed to address conflict-of-interest issues and bias in analyst recommendations.