Swiss regulator amends rules to allow fintech to flourish
March 18, 2016 - Swiss financial markets watchdog Finma has pushed through a raft of new initiatives in a bid to stimulate further growth and innovation in the country's emerging fintech sector.
Finra takes a closer look at robo-advisors
March 15, 2016 - US regulatory body Finra (Financial Industry Regulatory Authority) has waded into the growing market for robo-advisory services, warning firms of the need for sound governance and supervision of digital investment tools.
ISACA Acquires Global Capability Maturity Leader CMMI® Institute
March 3, 2016 - Acquisition expands opportunities to help organizations optimize their use of technology, increase stakeholder value and improve business performance.
FCA publishes accountability rules for alorithmic and high-frequency traders
February 8, 2016 - The Financial Conduct Authority (FCA) has today published the final rules confirming their approach to improving individual accountability for those carrying out wholesale activities, such as algorithmic and high-frequency trading, in banks, building societies, and Prudential Regulation Authority (PRA) designated investment firms.
SEC reaches dark pool settlements with Barclays and Credit Suisse
February 1, 2016 - The Securities and Exchange Commission yesterday announced that Barclays Capital Inc. and Credit Suisse Securities (USA) LLC have agreed to settle separate cases finding that they violated federal securities laws while operating alternative trading systems known as dark pools and Credit Suisse's Light Pool.
MPs round on banks following IT failures
January 25, 2016 - Following a string of high profile technical blackouts, Britain's biggest banks have been urged by the UK's influential Treasury Select Committee to invest more resources to improve their technology infrastructure and to appoint board directors with knowledge of IT.
Regulatory overhaul needed to make the Netherlands a fintech hub - report
January 22, 2016 - The Netherlands has the potential to become a fintech hub, but only if the country's regulatory framework is overhauled and banks, startups and government improve cooperation, according to a new report.
Job Opportunity: GRC Sales
January 19, 2016 - Virtusa’s Governance, Risk & Compliance consulting practice (“GRC”) advises top-tier companies across the full spectrum of industry verticals. We assist organizations in maintaining both efficiency and compliance in increasingly complex regulatory environments. Virtusa’s GRC practice deploys industry professionals who are experienced in various areas of Risk and Compliance, to provide a hands-on approach to program management, operational efficiency, remediation and delivery.
