April 5, 2013 - The majority of financiers involved in the Basel Committee on Banking Supervision (BCBS) failed to meet the deadline of January to begin implementing new capital rules.
April 2, 2013 - The majority of corporate executives believe their company's banks are still taking too many risks in the aftermath of the global economic crisis, a new study has revealed.
April 2, 2013 - The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social media will be used to disseminate such information.
March 27, 2013 - Barclaycard US, the payments business of Barclays in the United States, has chosen MetricStream, Inc. to provide Governance, Risk, and Compliance software solutions.
March 27, 2013 - Wolters Kluwer Financial Services announced today that a subsidiary of one of the largest financial institutions in Japan, Mizuho International plc, has licensed the Common Reporting (COREP), Financial Reporting (FINREP) and Liquidity Coverage Ratio (LCR) modules of its Basel III solution.
March 26, 2013 - A group of leading sell-side banks has set up a working group that will focus on the creation of an open industry standard protocol for client and trader enablement on electronic trading platforms.
March 26, 2013 - Banks' ability to exploit a regulatory loophole in the Basel III capital adequacy regime by purchasing credits default swaps (CDS) and other instruments to lower the amount of risk on their books, and thereby reduce their capital requirements, will be curbed under new proposals released by the Basel Committee on Banking Supervision.
March 26, 2013 - The UK government is preparing to bring in a utility-style regulator for retail payment systems, putting an end to the current practice of industry self-policing.
