GO
Loading...

Enter multiple symbols separated by commas

Compliance

More

  • AMSTERDAM/ PARIS/ DUBLIN, June 1- Across the euro zone, bank compliance officers dream about saying "No" to their new regulator in Frankfurt. The European Central Bank is living up to its promise of being an intrusive and hands-on banking supervisor with a constant demand for data, including minutes of board meetings and regular on-site visits.

  • May 29- Bank of America Corp agreed with U.S. regulators to improve its compliance practices and pay a fine for violations in lending rules toward military personnel. The Office of the Comptroller of the Currency asked the No. 2 U.S. bank by assets to pay a penalty of $30 million due to non-home loan compliance with the Servicemembers Civil Relief Act and unsafe...

  • Senate Banking Committee chairman Richard Shelby of Alabama published long-awaited details of the Financial Regulatory Improvement Act of 2015, listing proposals that would lighten compliance burdens for small financial firms and enforce more transparency at the central bank and the financial stability council. But the committee's top Democrat,...

  • May 5- MarketCounsel, a regulatory compliance consulting firm, hired Loren Morris as director of strategic development and Bob Powell as director of special projects. Morris will join the firm from Cantor Fitzgerald, where he was partner and director of operations and advisor services. He has previously worked at Dynasty Financial Services, Charles Schwab...

  • WASHINGTON, May 1- U.S. telecom industry groups, alongside AT&T Inc and CenturyLink Inc, called for regulators to block parts of new rules for Internet service providers on Friday, citing "crushing" compliance costs and threats to investment. The request, expected to be rejected by the FCC, is a prelude to a building court battle over the rules, which put the agency...

  • TELECOM INDUSTRY SAYS NEW REGULATORY REGIME, PRIVACY REQUIREMENTS WILL CREATE UNRECOVERABLE COMPLIANCE BURDEN, HURT RURAL BROADBAND DEPLOYMENTS.

  • AMSTERDAM, March 26- A Dutch regulatory agency raided the Amsterdam offices of taxi hailing service Uber on Thursday in connection with its UberPOP unit after a court deemed it illegal in December. Amsterdam newspaper Het Parool reported the company saying the raid was a "warning to international start-ups, technology companies and multinationals that...

  • BOSTON, March 23- Bank of America's Merrill Lynch brokerage unit agreed to pay a $2.5 million fine in Massachusetts to settle charges that it failed to follow its own compliance rules, the state's top securities regulator said on Monday. Secretary of the Commonwealth William Galvin accused Merrill, Lynch, Pierce, Fenner& Smith of failing to supervise employees...

  • The cost of compliance Monday, 4 Nov 2013 | 12:21 AM ET
    The cost of compliance

    Francis Lun, CEO at GEO Securities says the cost of compliance will affect banks earnings for years to come.

  • Compliance: A policeman’s lot is not a happy one Thursday, 17 Oct 2013 | 4:09 AM ET

    Hector Sants’ break from his role as chief compliance officer at Barclays due to stress has highlighted the strains on banks’ internal policemen.

  • New Financial Regulations Hard to Manage? Tuesday, 2 Jul 2013 | 4:45 AM ET
    New Financial Regulations Hard to Manage?

    Neil Owen, global practice director at Robert Half Financial Services, discusses how challenging the "wave of new regulations" is for financial services executives, especially finding the right talents to implement the changes.