September 3, 2012 - A senior Bank of England executive has called for a rethink of the Basel Capital Accord, suggesting instead that regulatory bodies rip up the rule-books and adopt a simpler judgement-based supervisory approach.
August 27, 2012 - The Federal Reserve Board is considering changes to the implementation timeline for the annual company-run stress test requirements required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
August 24, 2012 - The rapid increase in the amount of digital data that needs to be stored is pressuring organizations to increase capital expenditures associated with the acquisition of storage capacity and operating expenses associated with management of this capacity.
August 24, 2012 - Risk Management has long been recognised as a priority for CFOs. With the fluid nature of risk it can't be easily addressed at quarterly or monthly meetings, or incorporated into routine compliance programmes. It is necessary to integrate risk management into daily decision-making, strategy-setting and performance management.
August 22, 2012 - With e-commerce booming, the government and police must take the associated multi-million pound criminal threat more seriously, says the British Retail Consortium (BRC).
August 21, 2012 - The Bank for International Settlement has issued fresh guidance on the management of foreign exchange settlement risk, amid concerns that bank back offices are being overwhelmed by massive growth in FX dealing volumes.
August 20, 2012 - The GAO has found that although the Environmental Protection Agency (EPA) has taken steps to safeguard the information and systems that support its mission, security control weaknesses pervaded its systems and networks, thereby jeopardizing the agency's ability to sufficiently protect the confidentiality, integrity, and availability of its information and systems.
August 17, 2012 - The US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have issued joint rules and interpretations clarifying the scope of key definitions of certain derivatives products, as required under Title VII of the Dodd-Frank Act.