The Capita Group Plc has achieved compliance with the Payment Card Industry Data Security Standard (PCI DSS) for Capita Enterprise Services, a managed service provider. Trustwave, a provider of on demand data security and PCI compliance management applications to businesses
Yesterday's SEC draft ruling requires that the approximately 500 largest registrants who file in US GAAP furnish their accounts to the SEC in eXtensible Business Reporting Language (XBRL) format in Q1 2009. The remainder of SEC filers will then need
The Financial Services Authority (FSA) has fined Thinc Group Limited and two of its group companies 900,000 for not having adequate risk management and compliance systems for its sub prime mortgage business and for failing to take reasonable care to
In their search for improved operational efficiency and straight through processing (STP), broker dealers are seeing increased opportunity for constructive dialogue with their clients as a direct result of the threat from increased regulatory scrutiny in the equity derivatives market,
Garanti Bank in Luxembourg has successfully submitted the latest monthly FinREP reports in XBRL format to the regulators using FRSGlobal FinancialAnalytics application. Garanti Bank is the third largest private bank in Turkey and provides retail, commercial, corporate and private banking
The Federal Reserve has announced that total personal debt has risen to $2.6 trillion an increase of $15.3 billion from the previous month's results. This also brings the annual debt increase to 7.2 per cent and marks the fastest expansion
US banks are to be obliged to secure more capital as protection against future credit squeezes, a watchdog has said. The Securities and Exchange Commission (SEC) has made the move with the backing of government officials and the Federal Reserve,
The inauguration of Dmitry Medvedev as Russian president could signal a move to create a regulatory infrastructure to boost significantly investment from Western markets, according to international law firm Orrick, Herrington & Sutcliffe. Factors such as the current insolvency laws
The UK's financial regulator is set to crack down on insider trading in banks, the body has claimed. According to the Financial Services Authority (FSA), more of the illegal deals are to be brought before courts in criminal cases. The
JPMorgan Investor Services is extending its Compliance Reporting Services product to assist clients in monitoring their Socially Responsible Investment (SRI) restrictions. Through Web based technology, JPMorgan institutional and asset manager clients will now be alerted when their portfolios are nearing