September 18, 2013 - JP Morgan has increased spending on regulatory-related technology by more than a quarter over the past couple of years but is still bracing itself for more legal tangles, says CEO Jamie Dimon.
September 17, 2013 - Financial messaging network Swift is looking to extend its remit to the emerging regulatory landscape, pitching its shared market infrastructure as a cost-effective means for financial institutions to ease the compliance burden.
September 16, 2013 - The US National Security Agency allegedly tapped in to credit card and bank-to-bank transactions crossing the Visa and Swift networks as part of its global intelligence gathering operations, according to documents passed to Der Spiegel by whistleblower Edward Snowden.
September 16, 2013 - Less than half of compliance departments fully understand the requirements of new trading regulations according to a survey examining compliance in trading conducted by IPC.
September 16, 2013 - ISITC (The International Securities Association for Institutional Trade Communication), the industry trade group focused on standards in transaction processing and related communications, today announced poll results addressing the most pressing challenges that regulatory change present to the financial industry. Findings reveal mixed feelings regarding the benefits that increased regulatory oversight will yield.
September 13, 2013 - UK police have arrested 12 men accused of plotting to take control of a Santander bank branch computer and use it to steal millions of pounds.
September 11, 2013 - US banks could face a wave of distributed-denial-of-service (DDoS) hits today to mark the anniversary of the 11 September 2001 terrorist attacks, warns the FBI.
September 9, 2013 - China Everbright Securities lost $85.5 million due to a technical glitch in its order management system which flooded the market with erroneous buy orders and seriously disrupted trading in China last month.
