RIMES Forums 2013 Summary Confirms Buy-Side’s Growing Need for Strong Data Governance
March 20, 2014 - RIMES forums reveal that firms must regain the ability to act quickly and cost effectively as data management becomes an important determiner of commercial success.
US charges three in multi-million dollar cybercrime case
March 18, 2014 - US authorities have charged three men accused of using information hacked from more than a dozen financial service firms in a bid to steal at least $15 million.
Finra levies $1.2 million fines for reporting violations at Triad and Securities America
March 13, 2014 - The Financial Industry Regulatory Authority (FINRA) announced today that it has sanctioned and fined two firms - Triad Advisors and Securities America - $650,000 and $625,000, respectively, for failing to supervise the use of consolidated reporting systems resulting in statements with inaccurate valuations being sent to customers, and for failing to retain the consolidated reports in accordance with securities laws. In addition, Triad was ordered to pay $375,000 in restitution.
Thomson Reuters Establishes Subsidiary in Preparation for the Regulation of Financial Benchmarks
March 10, 2014 - Thomson Reuters today announced that it has established a new subsidiary to prepare for the regulation of financial benchmarks. Thomson Reuters Benchmark Services Limited (TRBSL), a subsidiary of Thomson Reuters Corporation, facilitates compliance with the IOSCO (International Organization of Securities Commissions) principles for benchmark administrators ahead of the 1 July 2014 deadline.
MetricStream Launches GRCIntelligence.com
March 6, 2014 - MetricStream, a market-leader in Governance, Risk, and Compliance (GRC) solutions announced today the launch of its cloud-based content portal, GRCIntelligence.com, which serves as a one-stop source for GRC content, regulatory feeds, and market intelligence.
Insurance services provider REG taps DataArt for regulatory platform
March 5, 2014 - DataArt, a custom software development partner for the financial services and other industries, today announced it has completed the development of Regulatory Efficiency Gains ("REG")'s digital platform.
New European regs hitting business functionality - survey
February 13, 2014 - An Infiniti Research survey sponsored by TradeTech Consulting Scandinavia AB, a Virtusa, Swedish subsidiary; reveals that the numerous regulations currently being enforced in Europe's financial markets have considerable impact on business functionality.
NIST Releases Cybersecurity Framework
February 12, 2014 - The National Institute of Standards and Technology (NIST) today released a Framework for Improving Critical Infrastructure Cybersecurity. The framework provides a structure that organizations, regulators and customers can use to create, guide, assess or improve comprehensive cybersecurity programs.
