New European Regulations Will Put Compliance Pressures On U.S. Alternative Fund Managers To Plan Ahead
December 20, 2012 - Alternative Investment Fund Managers Directive Will Have Significant Impact on Fundraising Activities, Operations and Business Models: KPMG International Survey.
Survey reveals significant increase of budgets for fraud management and compliance in 2013
December 12, 2012 - According to a survey from Detica NetReveal® a business division of BAE Systems Detica, investment in managing financial crime and compliance remains a high priority, with a significant uptick in planned expenditure for 2013.
Standard Chartered finalises regulatory punishment
December 11, 2012 - Standard Chartered has reached an agreement with several US authorities for its lack of compliance with various rules before the onset of the global economic slump.
Meeting the operational challenge of sanctions compliance
November 27, 2012 - SWIFT, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, has released a white paper on the operational challenge of sanctions compliance.
Risk assessments and compliance will drive IT spend in 2013 says Ovum
November 5, 2012 - Compliance and risk regulations will be the main drivers of technology spending in 2013, says Ovum in its assessment of the '2013 Trends to Watch in Financial Markets Technology'.
Financial Tracking Releases Costs of Compliance and Risk Benchmarking Study
September 19, 2012 - Financial Tracking Technologies LLC released the results of its annual Costs of Compliance and Risk Benchmarking Study 2012. Key facts of the study showed that, even though highly affordable automated solutions exist, over 80% of risk and compliance tasks are still being performed manually and costs of risk and compliance are going up at 40% of participants.
HSBC compliance head quits at US hearing
July 18, 2012 - HSBC's head of compliance fell on his sword in front of a US Senate subcommittee Tuesday after the banking giant was excoriated for lax money laundering controls.
FATCA Accreditation Scheme Unveiled
July 13, 2010 - B.I.S.S. Research and Globe Tax Services have formed a joint venture to launch Foreign Account Tax Compliance Act (FATCA) accreditation, which aims to assist financial companies and their treasury departments in achieving FATCA compliance across an enterprise by identifying strengths and weaknesses in their systems and procedures and establishing a corporate standard.
