December 20, 2011 - The Federal Reserve Board on Tuesday proposed steps to strengthen regulation and supervision of large bank holding companies and systemically important nonbank financial firms. The proposal, which includes a wide range of measures addressing issues such as capital, liquidity, credit exposure, stress testing, risk management, and early remediation requirements, is mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
December 20, 2011 - The Federal Reserve Board on Tuesday proposed steps to strengthen regulation and supervision of large bank holding companies and systemically important nonbank financial firms. The proposal, which includes a wide range of measures addressing issues such as capital, liquidity, credit exposure, stress testing, risk management, and early remediation requirements, is mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
December 19, 2011 - Citi has been ordered to overhaul its risk management systems by Japan's Financial Services Agency, which has sanctioned the US bank for the way it has tried to sell investment products to retail customers.
December 16, 2011 - Over 80% of US banks and credit unions plan to invest in new technologies to help them conform to new FFIEC online banking security guidance, according to a survey from vendor Guardian Analytics.
December 16, 2011 - Over 80% of US banks and credit unions plan to invest in new technologies to help them conform to new FFIEC online banking security guidance, according to a survey from vendor Guardian Analytics.
December 15, 2011 - Regulatory bodies are not acting with enough intelligence to resolve the ongoing issues in the global financial system.
December 15, 2011 - Speakers at Wolters Kluwer Financial Services' FRSGlobal breakfast briefing advised industry to participate in consultation and ensure preparation is on track for COREP before 1st January 2013 deadline.
December 14, 2011 - Wolters Kluwer Financial Services, a leading worldwide provider of comprehensive compliance, risk management and audit solutions for the financial services industry, announced today that it has acquired the regulatory compliance content of PRINGLE® Policy and Procedure Solutions (PRINGLE) from PRINGLE Publications Corporation.
