April 19, 2012 - The Federal Reserve says banks will have two years to comply with a rule that would ban them from trading for their own profit. The so-called Volcker rule is expected to take effect this summer. But the Fed clarified Thursday that it won't enforce it until July 2014.

April 12, 2012 - The Securities and Exchange Commission today charged that Goldman, Sachs & Co. lacked adequate policies and procedures to address the risk that during weekly "huddles," the firm's analysts could share material, nonpublic information about upcoming research changes.

April 4 2012 - The Federal Reserve and US Congress urgently need to plug a public policy vacuum if the national payment infrastructure is to keep up with changes in the digital economy, according to a former senior Fed executive.

April 16, 2012 - International banking and securities regulators have set out new and more demanding standards for operators of payments, clearing and settlement systems as part of an international effort to boost the resiliency of the financial markets.

April 10, 2012 - ISACA today released COBIT 5, the only business framework for the governance and management of enterprise IT. The new version of COBIT promotes seamless continuity between an enterprise’s IT department and its overall business goals, and represents a major evolution of the globally accepted framework in use at enterprises worldwide for more than 15 years.

March 29, 2012 - European lawmakers have approved tough new rules governing trading in the over-the-counter derivatives market.

April 16, 2012 - The Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of the International Organization of Securities Commissions (IOSCO) today published the final report on the Principles for Financial Market Infrastructures.

April 5, 2012 - Leading banks across Europe would have posted a huge shortfall on their minimum capital requirements had the upcoming Basel III rules been in force last year. New data published by the European Central Bank (ECB) has shown that continental financiers were around €242 billion ($316 billion) below the requirement that will be imposed in regulatory changes as of January 2013.

March 29, 2012 - The GAO found taht HUD has made progress in implementing prior GAO recommendations on modernizing its IT environment; however more actions are needed. In 2009, GAO reported that HUD lacked key IT management controls; which are essential to achieving successful outcomes.

April 12, 2012 - Stress tests faced by banks in the US could be altered in the near future as the Federal Reserve seeks to improve this process. That is if comments made by Daniel Tarullo, a board member of the Fed, are anything to go by, as he has revealed the body is currently exploring ways in which this method of monitoring the performance of financiers could be enhanced.

April 4, 2012 - The Basel Committee on Banking Supervision has published its second progress report on the Basel III capital adequacy implementation, ahead of the first deadline starting on 1 January 2013. The progress report tracks the implementation of Basel II, Basel 2.5 and Basel III by Committee member countries. It outlines the progress of individual member countries in transforming the Committee's regulatory standards into national law or regulation according to the internationally agreed timeframes.

March 19, 2012 - A major UK bank has issued a formal apology to the Financial Services Authority (FSA) body after it emerged it had broken the regulator's rules.