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Knight Capital seeks new CTO and operational risk manager

September 21, 2012 - Knight Capital Group is looking for a new chief technology officer and operational and technology risk manager in a management shake-up at the firm which sustained $440 million in losses following a rogue trading software update.

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EuroFinance survey reveals companies without formal procedures risk fraud going unreported

July 23, 2012 - A recent survey by EuroFinance, the global specialists in treasury research and events, has revealed that over a third of finance professionals have witnessed serious financial wrongdoing in organisations they have worked in. Respondents who worked in banks or financial institutions were more likely to have witnessed this type of activity (41%).

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US regulators warn on outsourced cloud risks

July 11, 2012 - US financial services regulators have warned banks that they need to put in more robust controls if they plan to use third party cloud services.

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US regulators warn on outsourced cloud risks

July 11, 2012 - US financial services regulators have warned banks that they need to put in more robust controls if they plan to use third party cloud services.

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Internal Audit Function Needs Greater Support, says Thomson Reuters Survey

July 11, 2012 - Internal audit practitioners globally report that more visible and vocal support for the internal audit function is needed from senior management within their organizations as the changing demands of today's regulatory and risk environment are putting them under increasing pressure to do more with less, according to a new survey by Thomson Reuters.

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Lords call for halt to "rushed" MiFID II reforms

July 10, 2012 - The UK's House of Lords has urged the European Commission to call a halt to proposed changes to the Markets in Financial Instruments Directive (MiFID II), labelling the reforms as "ill-thought out" and potentially damaging to the City of London.

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