Regulation

Survey Finds Compliance Costs Remain High For Banks

As anti money laundering (AML) regulation continues to grow, the cost of conducting KYC checks on new counterparties and dealing with remediation remains a major factor facing banks, according to new findings released today by Bankersalmanac.com. In a survey aimed

SEC's Principal Trade Proposal Raises New Fears

Financial advisers fear that a proposal backed by the Financial Planning Association that would allow brokers to make principal trades in their fee based accounts would result in a new loophole that brokers can use to skirt investment adviser regulations,

Aite Group Report On Retail Banking Compliance

A new report from Aite Group, LLC details insights into the daily challenges of compliance professionals, and addresses compliance trends, budgets and staffing, and the various aspects of compliance technology. The report findings are based on a survey of heads

MiFID Conducting Survey On Regulatory Reporting Requirements

The International Capital Market Association Ltd is conducting a critical e survey of the post MiFID reporting requirements for capital market participants located in the EU EEA. This information will be used to determine the level of readiness of the

SEC Gives Regulatory Approval For NASD And NYSE Consolidation

The Securities and Exchange Commission have now given final regulatory approval related to the consolidation of the member firm regulatory functions of the National Association of Securities Dealers, Inc. and NYSE Regulation, Inc., a wholly owned subsidiary of New York

SunGard Reveals Results From Year-Long MiFID Survey

A survey by SunGard, provider of software and processing solutions for financial services, and TradeTech, a research firm, has suggested that many financial services firms are unhappy with the support they are receiving from their national regulators as they prepare