May 12, 2015 - Independent not-for-profit association, the Banking Industry Architecture Network (BIAN) has completed the development of a globally standardised IT architecture design for banks.
May 5, 2015 - European lawmakers have reached an informal agreement on a revised Payment Services Directive (PSD2) designed to boost competition and innovation while improving consumer protections.
April 7, 2015 - Regulatory intervention in the digital currency marketplace would need to be co-ordinated by an international body such as the Basle-based Bank for International Settlements, according to the Reserve Bank of Australia.
March 10, 2015 - The rush to implement new digital technologies has overtaken regulatory worries as the highest priority for global banking executives, according to a new report from the Economist Intelligence Unit.
April 27, 2015 - Banks continue to juggle growing demands to aggregate and analyze risks, stress test overall balance sheets, and assess the capital adequacy and variety of performance and regulatory measures.
March 23, 2015 - Corporate banks, a majority of which are plagued by declining economic profit, must take bold steps to adapt their business models or potentially suffer prolonged, painful periods of underperformance, according to a new report by The Boston Consulting Group (BCG).
March 6, 2015 - A 16-year-old believed to have carried out hundreds of cyber attacks on businesses, and a family of suspected fraudsters are among 35 people arrested by the Metropolitan Police Service (MPS) during a nationwide campaign to bring down cyber criminals.
April 15, 2015 - BNY Mellon (NYSE: BK) today issued the following statement regarding the findings of a U.K. Financial Conduct Authority ("FCA") investigation into compliance with relevant FCA Principles and U.K. Client Asset Sourcebook ("CASS") rules during the period from November 2007 to August 2013:
March 17, 2015 - New independent research commissioned by SWIFT reveals that regulation, automation and financial crime compliance initiatives are top priorities for the investment management community in 2015.
February 25, 2015 - The New York State Department of Financial Services (DFS) is planning to step up the fight against money laundering by carrying out random audits of Wall Street banks' transaction monitoring and filtering systems.
April 14, 2015 - The Financial Conduct Authority (FCA) has today fined Clydesdale Bank Plc (Clydesdale) £20,678,300 for serious failings in its Payment Protection Insurance (PPI) complaint handling processes between May 2011 and July 2013.
March 16, 2015 - Global IT association ISACA has issued nine key action items to help companies reduce costs, improve communication and operate more efficiently by improving the governance over their information and technology. In a new free guide titled “Getting Started With Governance of Enterprise IT (GEIT),” ISACA recommends a three-phased plan:
February 10, 2015 - Deutsche Börse Market Data + Services plans to introduce a strategic global regulatory reporting application for the energy market. The reporting solution will automate, and thereby facilitate, reporting of orders and trades on spot and derivatives markets as required under the EU Regulation on wholesale energy market integrity and transparency (REMIT), which will come into effect in 2015.