June 26, 2020
Singapore, 25 June 2020… The Monetary Authority of Singapore (MAS) today issued a set of three consultation papers on its proposed Guidelines on Environmental Risk Management (Guidelines) for banks, insurers …
February 20, 2020
Singapore, 14 February 2020 … The Monetary Authority of Singapore (MAS) welcomes the recent announcements from banks and insurers in Singapore to support customers who may be facing financial difficulties …
February 18, 2020
Velox Clearing, a California headquartered financial service provider recently revealed the appointment of a new head of the firm. As per the statement released by the firm, it has onboarded …
Continue reading “Michael Higgins Joins Velox Clearing as Chief Executive Officer”
November 26, 2019
Capital One Financial Corporation, a Virginia based holding firm famous for its credit card, auto loan and banking services recently revealed in an announcement that it has hired a new …
Continue reading “Capital One Appoints Jamie Henderson as Executive Vice President”
October 5, 2019
The U.S. Commodity Futures Trading Commission today announced that it issued orders yesterday against HSBC Bank USA, N.A., Société Générale International Limited, The Northern Trust Company, NatWest Markets Plc, The Bank of New York Mellon, and PNC Bank, National Association for reporting failures. Société Générale International Limited and The Northern Trust Company were also charged with failing to supervise in connection with the reporting failures. HSBC was also charged with violating swap-dealer risk management regulations, the first time the Commission has brought such an action.
July 18, 2019
US June Housing Starts, Building Permits Softer
June 5, 2019
The Commodity Futures Trading Commission’s (CFTC or Commission) Market Risk Advisory Committee (MRAC) will hold a public meeting on June 12 at CFTC’s Washington, DC headquarters. CFTC Commissioner Rostin Behnam is the sponsor of MRAC.
June 2, 2019
In recognition of the one-year anniversary of the passage of The Senior Safe Act, the Securities and Exchange Commission, the North American Securities Administrators Association (NASAA), and the Financial Industry Regulatory Authority (FINRA) have issued a fact sheet to help raise awareness among broker-dealers, investment advisers, and transfer agents of the Act and how the Act’s immunity provisions work.
May 11, 2019
Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Services has launched ICE Credit Risk, an innovative new suite of analytics. These analytics measure credit risk by combining daily market credit risk analytics with monthly fundamental credit views from financial institutions. Consensus estimates will be provided on an exclusive basis by Credit Benchmark, a leader in consensus-based credit analytics.
May 3, 2019
Thompson Reuters, a multinational mass media and information firm has partnered with tech giant IBM and launched a new AI which aims at simplifying regulatory compliance challenges faced by Financial institutions. Major Banks and financial institutions are seeing an ever growing regulatory compliance requirement. Through this joint collaborations, both companies aim to offer financial institutions access to RegTech Solutions offered by IBM cloud that features real time financial services data from thousands of content sources.
