Governance

Regulation and data management top-of-mind for US bank executives - KPMG

May 21, 2013 - Regulation is top of mind for banking executives and is viewed as the primary impediment to growth and traditional bank business models, while the likelihood of mergers and acquisition (M&A) activity within the industry declined, according to a recent survey by KPMG LLP, the audit, tax, and advisory firm.

Governance

CFTC targets bitcoin cyber-currency for regulation

May 7, 2013 - The US Commodity Futures Trading Commission (CFTC) has said it may need to regulate the cyber-currency.

Governance

New UK regulator attacks EU proposed rules for insurers

May 1, 2013 - One of the UK's top regulators, Andrew Bailey, has criticised forthcoming European Union (EU) rules for the insurance industry as overly expensive, delayed and unsuitable for many UK businesses.

Governance

SEC Names Jennifer Marietta-Westberg as Deputy Director of the Division of Risk, Strategy, and Financial Innovation

April 11, 2013 - The Securities and Exchange Commission today announced that Jennifer Marietta-Westberg has been named Deputy Director of its Division of Risk, Strategy, and Financial Innovation (RSFI).

Governance

Bernanke: Stress tests have strengthened US financial system

April 9, 2013 - Banking stress tests have made the US financial system more resistant to potential future shocks.

Governance

Most Basel members 'failed to meet January deadline for new regulations'

April 5, 2013 - The majority of financiers involved in the Basel Committee on Banking Supervision (BCBS) failed to meet the deadline of January to begin implementing new capital rules.

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