International

Anti-Money Laundering

FATF Prioritising Terrorist Financing and De-risking

By Editors | 16/10/2015

President of money laundering task force sets agenda at Compliance Forum on SIBOS Day 2

Operational Risk

Markit Launches KY3P Platform for Third Party Risk Management

By Editors | 14/10/2015

Barclays, HSBC and Morgan Stanley partner to design new service.

Data Privacy

Technology and Banking: Evolution or Revolution?

By Editors | 14/10/2015

In a changing technology landscape, data analytics, block chain and mobile payments are having the greatest impact on financial services.

Trade Based Money Laundering

China Systems and Accuity Partner on Trade Finance and Supply Chain Solution

By Editors | 13/10/2015

80% of firms cite compliance and regulatory issues a “chief” obstacle to trade finance.

Payments & Settlements

Breaking Away From a US Dollar Dominated World

By Peter Guy | 13/10/2015

CIPS translates into geopolitical, transnational banking power by obviating American oversight.

Credit Risk

Basel Committee to Standardise Credit Risk Modelling

By Editors | 12/10/2015

Global banking regulators have decided to allow lenders to keep using credit rating agencies to help them determine how much capital they need to hold to cover credit risks.

Liquidity Risk

Industry Endorses Intraday Liquidity Reporting Guidelines

By Editors | 10/10/2015

SWIFT has announced that the Payments Market Practice Group has endorsed the use of its messages for intraday liquidity reporting as required by the Basel Committee on Banking Supervision.

Emerging Prudential Risks

IOSCO Board Meets to Discuss Key Priority Areas

By Editors | 09/10/2015

The Board of the International Organization of Securities Commissions met in Toronto to reinforce IOSCO’s position as the key global reference point for financial services and markets regulation.

KYC & CDD

Institutional Banks Struggle with Cross-Border Compliance and Entity Data Management

By Editors | 08/10/2015

New research by Fenergo and Aite Group has found that institutional banks are struggling to manage regulatory compliance and entity data management obligations across multiple jurisdictions.