November 15, 2013 - European Union politicians have broken the deadlock over the Omnibus II directive that will amend the Solvency II capital adequacy rules for the insurance sector. The deal reached this week will enable the risk-based capital regime, which mirrors the Basel III capital rules for the banking sector, to finally start in 2016.
November 15, 2013 - Mobile banking is becoming an increasingly prominent element of the way people manage their finances.
November 15, 2013 - The European Securities and Markets Authority (ESMA) has published a Discussion Paper (DP) setting out its initial views on the implementation measures it will develop for the new Market Abuse Regulation (MAR), covering the surveillance of European financial markets. It has invited capital market participants to respond by 27 January 2014.
November 14, 2013 - Wolters Kluwer Financial Services announced today that it has appointed Clive Pedder as managing director, Europe, Middle East & Africa (EMEA) where he will be responsible for leading the overall growth strategy of Wolters Kluwer Financial Services' Finance, Risk & Compliance business in the region.
November 14, 2013 - Only 4 percent of IT professionals say their enterprises are very prepared to ensure effective governance and privacy of Big Data, according to a global survey conducted by professional association ISACA. Yet information is currency, and enterprises must not only protect and manage it, but also use it to drive business value.
November 14, 2013 - Fonetic today announced it has integrated voice biometrics capabilities into its Dodd-Frank Trading Record Keeping Compliance Solution. Fonetic is the first solution provider to utilize voice biometrics to enhance bank compliance with Dodd-Frank Title VII mandates for accurate voice and data record keeping, and as a means for compliance officers to greatly improve risk and fraud detection and prevention.
November 14, 2013 - The Belgian and Dutch Data Protection Authorities are to conduct an investigation into security at Swift following allegations that data transmitted over the interbank network was spied on by the US National Security Authority.
November 13, 2013 - Spanish bank BBVA is releasing its raw transaction datasets to developers as part of an international competition to create new services, applications and insight into consumer demands.
