Key Dodd Frank Provision Places Greater Pressure on Banks to Maximize Payment Workflow
August 9, 2013 - Accuity, a part of BankersAccuity, the leading provider of global payment routing data and anti-money laundering (AML) screening software and services, today released a new industry perspective examining potential challenges banks face in light of Section 1073 of the Dodd Frank Act.
Sifma calls for exchange regulatory reform
August 2, 2013 - SIFMA today sent a letter to the Securities and Exchange Commission to request a review of the regulatory structure of broker-dealers, exchanges, and the self-regulatory model.
North American banks to spend $73.8bn next year - survey
August 2, 2013 - Large North American financial institutions will spend $73.8 billion on IT improvements across software, hardware and professional services next year, a two per cent rise on 2013, according to a Technology Business Research report.
US and EU reach agreement on derivatives regulation
July 12, 2013 - A year of complex negotiations between European Union (EU) and US regulators have at last reached agreement on how best to police global derivatives trading. The breakthrough divides up responsibilities and avoids a dispute that could have disrupted global markets and trading.
US banks could be hit by tougher capital rules
July 10, 2013 - Eight of the largest banks in the US could face much tougher financial ratios required under the international standards set by the Basel III global agreement as the nation's banking regulators consider breaking from the arrangement.
Iosco board focuses on behavioral economics and social media
July 1, 2013 - The two day meeting on 18 - 19 June highlighted IOSCO's commitment to identifying emerging risks and new market trends in a proactive and forward-looking way. The meeting was the first chaired by new Board Chairman Greg Medcraft of the Australian Securities and Investments Commission.
EU to establish European Retail Payments Board to improve Sepa governance
June 26, 2013 - The EU is poised to revise the Single Euro Payments Area (Sepa) governance arrangements by replacing the informal Sepa Council with a European Retail Payments Board and by adjusting the role of the bank-backed European Payments Council.
Financial sector reforms failing to address tech frailty of banks - Intellect
June 20, 2013 - Tech trade body Intellect has criticised the recommendations from the Parliamentary Commission into Banking Standards for failing to address the technological frailties underpinning the UK banking sector.
