January 22, 2013 - Nearly half (48%) of financial services (FS) chief executive officers (CEOs) believe that senior managers should be spending between 20% to 40% of their time on risk management and compliance, but nearly a third (31%) of this group admit that the standard is not being achieved, according to a research study released by professional services firm Kinetic Partners.

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.

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.

December 20, 2012 - Alternative Investment Fund Managers Directive Will Have Significant Impact on Fundraising Activities, Operations and Business Models: KPMG International Survey.

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'.

July 11, 2012 - Internal audit practitioners globally report that more visible and vocal support for the internal audit function is needed from senior management within their organizations as the changing demands of today's regulatory and risk environment are putting them under increasing pressure to do more with less, according to a new survey by Thomson Reuters.

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.

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.

June 29, 2012 - The Commodity Futures Trading Commission (Commission) today voted to propose a phased compliance program regarding certain swaps to non-U.S. swap dealers, non-U.S. major swap participants, U.S. swap dealers, U.S. major swap participants, and foreign branches of U.S. swap dealers and U.S. major swap participants.

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.

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.

June 19, 2012 - The US Consumer Financial Protection Bureau (CFPB) has launched a public online database of complaints against credit card companies.