Fraud
SEC charges hedge fund managers with abusing client assets
New York SEC director says two managers “violated the most fundamental duties of an investment adviser"
EC tightening of carbon spot market could threaten forward market
Industry experts are wary of European Commission proposals intended to bring additional safeguards to the spot market
BarCap advises carbon market to use UK registries
Barclays Capital advises clients to stick to the UK in light of recent EUA thefts across European registries
EUA theft could severely damage carbon market, say analysts
EUA theft damage should only be ‘reputational’
London trader admits £14 million Ponzi scheme
London trader admits £14m Ponzi
Accountancies struggle to quantify true size of UK fraud in 2010
Firms differ on how big a threat fraud represents at the start of 2011
BAE Norkom purchase likely to complete in “mid to late March” says Norkom CEO
Transaction will see Norkom work with 2008 acquisition, Detica
North American banks expect rise in internal fraud
US and Canadian banks expect internal fraud to increase
Legal adviser to Kenneth Starr charged by SEC with aiding fraud
US SEC goes after Kenneth Starr’s lawyer
SocGen studies hedge fund fraud to reduce risk
French bank completes statistical study on statistical properties of fraudulent funds
Carbon Report: Market growth hit by fraud
Growing pains
Sponsored feature: Riding the innovation wave – managing the risk of financial crime
Riding the innovation wave – managing the risk of financial crime
Anti-money laundering is a long-term fight, says software company
Banks must think strategically instead of tactically; committing to the long haul to fight financial crime
Fraud & financial crime sponsored roundtable: Returning to form
Returning to form
New Jersey adviser charged with multimillion-dollar fraud
New Jersey adviser charged with multimillion-dollar fraud
Vatican bank executives in money-laundering probe
Italian authorities are investigating IOR president Ettore Gotti Tedeschi over account irregularities
Lax TSO rules could increase power and gas VAT fraud
Relaxed registration rules for Transmission System Operators (TSOs) could increase VAT fraud in the power and gas over-the-counter (OTC) markets as exchanges tighten controls, say analysts
SEC mandate over rating agencies strengthened by Dodd-Frank
Closure of SEC investigation into Moody's demonstration of the regulator's new powers under Dodd-Frank
Retail brokers win US leverage battle
The US CFTC leverage rules on retail foreign exchange transactions less harsh
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…
Outsourcing poses two-way operational risks for firms and service providers
First-time outsourcers might have overlooked or underestimated operational risks involved
UK carbon fraud measures could impact market
The UK authorities' decision to introduce a reverse charge mechanism on carbon credits from November could increase costs and push trading on to exchanges, say market participants
HKMA issues incident response and management procedures
HKMA reminds firms of their requirements in response to incidents affecting customers