The U.S. FSOC has determined that GE Capital has effectively reduced its systemic importance to an acceptable level
The settlement is as a result of allegations that Sterling failed to investigate a client complaint and supervise a couple of reps properly
The US$6-million fine stems from the firm’s deficient reporting of trading data
The guidance calls on firms to undertake rigorous testing and to instil a culture of cyber risk awareness, among other things
The new rule aims to minimize client and investor harm in case a firm cannot prevent major disruptions to its operations
The result of the recent Brexit referendum has resulted in a lower outlook for the U.K.’s banking system and 12 banks and building societies
This year’s guidelines come at a time at which the CSA is currently working on a standardized methodology for measuring and reporting risk to investors
Caroline Meyers has been ordered to spend two years in jail while her co-accused received an 18-month conditional sentence and permanent ban
Bank revising rate outlook in response to U.K. referendum
IOSCO and CPMI cite progress toward stability of market infrastructures