Financial Services Authority (FSA)
Danske gets Pillar 2 reprieve through $2bn AML provision
Quantifying the hit from Estonian branch investigations earned the bank a 75% cut in add-ons in place since 2018
Why did the crisis cause such large op risk losses?
Huge losses from the 2008 crisis can be seen as a short option position
Can the AMA be reborn?
Regulators could rescue op risk modelling through Pillar 2, writes former supervisor
UK regulators to reopen flawed HBOS investigation
Report critical of financial supervisors who failed to see problems developing or take proper enforcement action, and of bank managers who created a fatally flawed business model
Mifid II doomsday awaits energy firms, conference told
Speaking at Energy Risk Summit Europe, compliance officer at Shell International Trading & Shipping warns of “serious threat” posed to energy traders by Mifid II
Defections give new life to revolving-door debate
Post-crisis reforms have spurred demand for regulatory staff from banks, consultants and law firms. This has changed the career – and earnings – prospects for rule-makers, but critics fear it could also have a chilling effect on current supervision. By…
SEC slammed by own commissioner for RBS Libor step-down
Stein blasts SEC for waiving RBS's disqualification as a 'well-known seasoned issuer'
Law firm of the year: Stephenson Harwood
A more aggressive approach to enforcement has occasionally led supervisors to over-reach themselves; Stephenson Harwood has won praise for its successful efforts in several high-profile cases
Structured deposits face uncertain future under UK ring-fence plans
The UK’s Banking Reform Bill proposes ring-fencing the five biggest issuers of structured products and prohibiting them from offering deposits. But lawyers say it could make structured deposits’ route to market more convoluted and harder to regulate…
Sants quits Barclays after just 10 months in compliance role
Ex-regulator and head of compliance quits UK bank citing stress
Energy trading firms must be whiter than white
Allegations of manipulation are particularly bad for energy trading firms, which should respond by holding themselves to higher standards
Structured Products Europe: Disappointment over EC’s failure to adopt RDR
Belgian regulator would like to see the Retail Distribution Review's commission ban enacted across Europe
Japan FSA relaxed about spike in JGB liquidity swap trades
No regulatory focus on emerging Japan liquidity swaps market
Risk USA: Standardised regulation will cause systemic risk, warns senior UBS risk controller
Regulators' efforts to prevent another crisis are having the opposite effect
The value of stress-testing structured products
Regulators are pressing for more stress tests on structured products. But what does the concept actually involve? By Tim Mortimer
A plea for certainty in regulation
Clear and unambiguous rules have the potential to satisfy advocates of sterner regulation, as well as regulated firms
PRA losing key op risk staff after just six months
Senior op risk staff set to move into private sector
Missold Investments helps Lehman Brothers victims get their money back
The people at Missold Investments help investors find evidence of mis-selling in the brochures of their Lehman Brothers-backed structured products so they can get their money back. Vita Millers talks to founder Peter Howard
UK regulators plan to "hold individuals to account"
The FCA and PRA are toughening up their approved persons regime for senior execs, risk managers and traders
FSA specialist takes over compliance at Axa IM
Murdoch joins London investment manager
EFG Private Bank hit by FCA’s first fine
Bank fined £4.2 million for failures in anti-money laundering controls