Sanction against Credit Suisse Funds AG for breaching the rules on regular reporting obligations
September 24, 2014 - SIX Exchange Regulation, which is charged by SIX Swiss Exchange Ltd with the monitoring and enforcement of issuer obligations, has by means of a sanction notice imposed a fine of CHF 10'000 on Credit Suisse Funds AG, Zurich, for breaching the rules governing the regular reporting obligations. In January 2014, Credit Suisse Funds AG sent a notification regarding a distribution relating to certain Exchange Traded Funds (ETFS) too late.
BBA to develop financial crime alert system; EBF signs MoU with Interpol
September 23, 2014 - The British Banking Association is working with BAE Systems Applied Intelligence to develop a financial crime alert system that will see 12 government and law enforcement agencies warn banks of the latest threats to their integrity.
US trade lobbies call for review of regulatory burden
September 3, 2014 - The Financial Services Roundtable (FSR) and the Securities Industry and Financial Markets Association (SIFMA) submitted a comment letter to the federal banking regulators today requesting changes to a host of banking regulations that are outdated, unnecessary or unduly burdensome for financial services companies.
Deutsche Bank fined £4.7 million for transaction reporting failures
August 28, 2014 - Deutsche Bank AG London Branch (Deutsche) has been fined £ 4,718,800 by the Financial Conduct Authority (FCA) for incorrectly reporting transactions between November 2007 and April 2013.
KPMG Says EU Plans for Bank-Structure Overhaul Must Be Scrapped
August 21, 2014 - (Bloomberg) A European Commission plan to separate lenders' consumer and investment-banking arms must be halted, said KPMG LLP, auditor to some of Europe's largest banks.
UK fintech industry bands together to push innovation agenda
August 6, 2014 - An industry body promising to be the 'voice of UK fintech' launched today, with more than 50 founding members onboard and the backing of government.
SEC rules benefit dark pools over lit markets - CMCRC
July 30, 2014 - The Capital Markets Cooperative Research Centre (CMCRC) have published a new paper finding that SEC trading rules may be providing dark venues a regulatory advantage over traditional stock exchanges.
ISACA Outlines Five Principles for Effective Information and Technology Governance
July 22, 2014 - In new guidance issued today, global IT association ISACA outlines five principles organizations can use to effectively govern and manage their information and technology.
