IT GRC Forum

FacebookJoin our Linkedin Group!Follow us on Twitter!Subscribe to our Feeds!
E-mail

Target fails to get bank lawsuit dismissed

December 4, 2014 - A US judge has given financial institutions the go-ahead to proceed with their lawsuit against Target over losses associated with last year's data breach at the retailer.

Read more...
 
E-mail

Swaps Clearinghouses Need Greater Oversight, CFTC's Wetjen Says

December 4, 2014 (Bloomberg) - Clearinghouses meant to reduce swaps market risk must face greater oversight to ensure they don't threaten the financial system, according to a member of the U.S. Commodity Futures Trading Commission.

Read more...
 
E-mail

RBS and Ulster Bank hit with £56 million fine over IT meltdown

November 20, 2014 - The Royal Bank of Scotland and its subsidiary Ulster Bank have been hit with a £56 million fine by regulatory authorities over a computer malfunction in 2012 that locked customers out of accounts and knocked out payments processing systems.

Read more...
 
E-mail

SEC stregthens exchange technology rules

November 19, 2014 - The US Securities and Exchange Commission has approved new rules designed to strengthen the market's technology infrastructure, which has seen a rash of IT meltdowns in recent years.

Read more...
 
E-mail

Ulster Bank fined EUR3.5 million over IT meltdown

November 12, 2014 - The Central Bank of Ireland has slapped a EUR3.5 million fine on Ulster Bank over IT governance failures that resulted in approximately 600,000 customers being deprived of banking services during a month-long period in 2012.

Read more...
 
E-mail

CFTC slaps banks with $1.4 billion penalty over FX benchmark rates manipulation

November 12, 2014 - The U.S. Commodity Futures Trading Commission (CFTC) issued five Orders filing and settling charges against Citibank N.A. (Citibank), HSBC Bank plc (HSBC), JPMorgan Chase Bank N.A. (JPMorgan), The Royal Bank of Scotland plc (RBS) and UBS AG (UBS) (collectively, the Banks) for attempted manipulation of, and for aiding and abetting other banks' attempts to manipulate, global foreign exchange (FX) benchmark rates to benefit the positions of certain traders.

Read more...
 
Page 6 of 41

Subscribe via Email

 Your Email:
Banner
Banner
Banner
Banner