International

Fraud, Scams & Cybercrime

Too Big to Care

By Peter Guy | 11/10/2016

Wells Fargo scandal shows regulation’s failure to protect individual customers.

Capital Adequacy

Deutsche Bank – Chronicle of a Death Foretold

By Peter Guy | 03/10/2016

Share price volatility shows lack of confidence in German lender’s management, and regulators.

Capital Adequacy

BCBS Confirms Leave from Basel to Support Financial Inclusion

By Samuel Riding | 28/09/2016

Committee confirms institutions can be compliant with its Core Principles without implementing Basel I, II or III.

Emerging Prudential Risks

The Idiosyncratic Risks of Financial Groups

By Samuel Riding | 28/09/2016

Paper by OECD’s Takahiro Yasui explores corporate governance responses to five main risks.

KYC & CDD

Accuity Adds Beneficial Ownership Identification to Bankers Almanac

By Samuel Riding | 28/09/2016

Function identifies beneficial ownership interests of 0.1% or more versus regulatory thresholds of 10% or 20%.

Conduct, Culture & Accountability

Wells Fargo – An Old-fashioned Failure of Banking Ethics

By Peter Guy | 26/09/2016

Latest violations show the profound disconnect between banks’ senior management, ethics and regulations.

KYC & CDD

Fund Managers Struggling with On-boarding Inefficiency, Study Finds

By Samuel Riding | 20/09/2016

Clarient Global report suggests nearly two-thirds of firms have difficulty obtaining client information.

Supervision & Enforcement

Regulation Should be a Scalpel not a Hammer

By Peter Guy | 19/09/2016

Deutsche Bank’s $14bn fine leaves the public wondering why bank penalties continue to grow with no end in sight.

Market Abuse

Forex Allegations Reopen Door to HSBC Prosecution

By Peter Guy | 12/09/2016

Charges against traders and possibly the bank itself will create regulatory and compliance dilemmas.