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May 31, 2012 - The International Organisation of Standardisation (ISO) has published a standard for Legal Entity Identifiers, designed to provide unambiguous identification of counterparties engaged in financial transactions.

May 30, 2012 - The new COBIT 5 framework and its supporting guides have already been downloaded a total of more than 68,000 times since they were released by ISACA on 10 April. To offer clarity on the new version and how it builds on COBIT 4.1, ISACA is offering a one-day course led by COBIT experts.

May 31, 2012 - Global regulators are eager to make sure national economies are not affected by the collapse of banks in the future.

May 30, 2012 - Historically, the Securities and Exchange Commission's (SEC) oversight of the Financial Industry Regulatory Authority's (FINRA) programs and operations varied, with some programs and operations receiving regular oversight and others receiving limited or no oversight.

May 18, 2012 - Major banks across the world could need to raise an additional $566 billion in capital in order to comply with the new Basel III regulations.

May 16, 2012 - Finance ministers from across the European Union (EU) have finalised an agreement that will overhaul regulation in the region's banking industry.

May 15, 2012 - Recent problems seen at JP Morgan Chase provide solid evidence as to why the government had to intervene and change the rules in the US banking system, Barack Obama has said.

May 11, 2012 - Spending on market surveillance programmes covering equities and derivatives trading across Europe will grow by at least eight per cent in 2012, increasing from EUR105 million in 2011 to EUR126 million by 2014, according to research from Tabb Group.

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