Regulation

FRS Appoints Serge Minne As Chief Financial Officer

FRS, a global provider of enterprise risk and regulatory compliance solutions to financial institutions throughout the world, appointed Serge Minne as chief financial officer (CFO). Minne's key role will be to provide strategic counsel on the growth of FRS into

FOA Says CRD Should Not Be Imposed Unamended

The Futures and Options Association (FOA) believes that the Capital Requirements Directive (CRD), designed for deposit taking and investment businesses, should not be imposed on commodity market participants unamended. The FOA's position is the result of consultation with its members

Quadrant To Help Danish Banking Industry Achieve Basel II Compliancy

Bankdata, outsourced services supplier to the Danish Banking Industry, is partnering with Quadrant Risk Management (International) to provide Basel II compliant solutions to their customers. Bankdata is enhancing Quadrant's operational banking solutions to comply with the Basel II regulatory framework.

SunGard Launches MiFID Compliant Record Keeping Application

SunGard has launched the MiFID Hub application to help firms meet the increased recordkeeping requirements imposed by MiFID. The MiFID Hub, developed by SunGard's EXP business unit, incorporates ideas and feedback from more than 70 financial services institutions. MiFID requires