SFC reprimands and fines three JP Morgan entities a sum of HK$30 million for regulatory breaches
December 15, 2015 - The Securities and Futures Commission (SFC) has reprimanded J.P. Morgan Broking (Hong Kong) Limited (JPMBHK), J.P. Morgan Securities (Asia Pacific) Limited (JPMSAP) and J.P. Morgan Securities (Far East) Limited (JPMSFE) (collectively "JP Morgan"), and fined them $15 million, $12 million and $3 million respectively for various regulatory breaches and/or internal control failings.
Courion acquires Core Security
December 11, 2015 - Courion, a leading intelligent Identity Governance and Administration (IGA) solutions provider, announced today the acquisition of Core Security, a leader in the vulnerability management and attack intelligence space.
Analysts Expect Regulatory Pressures on Global Banks to Increase Over the Next Five Years
December 9, 2015 - Nearly two-thirds of equity analysts (61 percent) who cover global capital markets institutions expect regulatory pressures on banks to intensify further through 2020, with potential new capital rules, informally known as "Basel IV," likely to have the greatest effect on their operations, according to a global survey of nearly 150 buy-side and sell-side analysts.
Target reaches $39.4m data breach settlement
December 3, 2015 - Target has reached a $39.4 million settlement with banks and credit unions over expenses accrued following the massive 2013 data breach at the US retail chain.
Taiwan Stock Exchange launches online rules and regulation directory
November 27, 2015 - The Taiwan Stock Exchange (TWSE) has launched an online 'Rules & Regulations Directory', providing international investors and the media with a centralized location for all 238 Taiwan capital market regulations in both English and Chinese.
FCA fines Barclays £72 Million for poor handling of financial crime
November 26, 2015 - The Financial Conduct Authority (FCA) has today fined Barclays Bank (Barclays) £72,069,400 for failing to minimise the risk that it may be used to facilitate financial crime.
FCA calls for input on adoption of RegTech
November 23, 2015 - Following the financial crisis, we recognise that firms have to deal with greater reporting requirements and meet higher regulatory standards.
Finra fines Deutsche Bank $1.4 million for regulatory reporting violations
November 20, 2015 - The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Deutsche Bank Securities Inc. $1.4 million for violating Regulation SHO, FINRA's short interest reporting rule and for related supervisory failures.
