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.
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.
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.
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.
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.
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.
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.
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.
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.
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.