Bonaire Survey Shows Regulation Prompting Fund Firms to Leverage Technology for Luxembourg Growth
March 25, 2013 - Bonaire Software Solutions, LLC, a leading provider of revenue management and business intelligence solutions to investment managers, mutual funds, funds administrators, wealth managers and capital markets firms, today announced survey results concerning mutual fund firms seeking to grow business in Luxembourg.
Major banks 'progressing well with Basel III compliance'
March 20, 2013 - Major banks are taking strides towards meeting the requirements of the incoming Basel III regulations, it has emerged.
CFTC computers crashing under weight of new swaps data
March 20, 2013 - New swaps data reporting rules have left the Commodity Futures Trading Commission (CFTC) floundering in a sea of data, its computers crashing under the strain, claims one of the watchdog's own commissioners.
US govt clarifies virtual currency regulatory position
March 19, 2013 - The US government has moved to clarify its regulatory stance on virtual currencies such as bitcoin, confirming that while users are not classified as money services businesses (MSBs) subject to its rules, exchanges and administrators are.
Smart Beta 2.0 – Taking the risks of new equity benchmarks into account
March 18, 2013 - In research published today entitled, "Smart Beta 2.0," EDHEC-Risk Institute is seeking to draw the attention of investors to the risks of traditional smart beta equity indices and propose a new approach to smart beta investing to take account of these risks.
SEC Issues Guidance Update on Social Media Filings by Investment Companies
March 15, 2013 - The Securities and Exchange Commission today published a guidance update from its staff to clarify the obligations of mutual funds and other investment companies to seek review of materials posted on their social media sites.
Global regulators 'to consider Basel III amendments'
March 13, 2013 - Global regulators are considering the possibility of simplifying the incoming Basel III regulations following protestations from several institutions around the world, it has emerged.
European bank ICT spending to hold steady
March 12, 2013 - Spending on information and communication technology (ICT) from the European banking sector is expected to remain almost unchanged over the next five years, according to Frost & Sullivan.
