International

Market Infrastructure

FSB Proposes to Rein in Fund Risk

By Samuel Riding | 23/06/2016

Consultation looks at liquidity mismatch, leverage, operational risk and securities lending.

Securities / Derivatives

HSBC Files USD35mn Rate Rigging Settlement

By Samuel Riding | 21/06/2016

Proposed payment relates to anti-trust case alleging manipulation of two yen benchmarks.

A Compliance Nightmare – When Bank Acquisitions Go Bad

By Peter Guy | 20/06/2016

HSBC’s Household International shows how banks can lose more than 100% on their acquisitions.

Market Infrastructure

AxiomSL, SAP Launch Regulatory Data Product

By Samuel Riding | 15/06/2016

Platform supports regulatory and risk reporting, data aggregation.

AML / KYC

SWIFT to Beef up Spending on Security

By Samuel Riding | 15/06/2016

Board earmarks investment and staff to boost security after Bangladesh heist.

Market Infrastructure

FIX Develops MiFID Reporting Protocol

By Samuel Riding | 14/06/2016

Protocol covers transmission of MiFID II transaction reports to approved mechanisms.

Thailand SEC Weighs in on Shareholder Vote

By Samuel Riding | 09/06/2016

Securities regulator urges shareholders to exercise voting rights.

IOSCO Finalises Framework for Non-GAAP Measures

By Samuel Riding | 08/06/2016

12-point framework says measures should not be used to hide adverse information.

KYC Takes on a Whole New Meaning

By Peter Guy | 06/06/2016

Know your customer used to be an important principle. Now you can go to jail for KYC shortcomings. The market reacts.