compliance regulations in news

Banks unprepared for EU payments directive

News One of the effects will be to speed up payments in the same way as the Faster Payments regulations already in force in the UK. Half of the banks surveyed said they had completed impact assessments on PSD but 85 per cent said no budget has yet been... [14 Jul 2008]

Businesses have mixed feelings on IM

News This means many are at risk of failing to comply with regulations around the retention of communication data. But a similar proportion (72 per cent) said they have banned IM due to security and compliance concerns. [11 Jul 2008]

Casinos bet on Experian ID verification

News Three UK casino groups have signed up to an age ID verification service from Experian to comply with gambling regulations. Or, we could ask for ID only when the customer reaches the £1,000 threshold [£1,000 below the current limit of £2,000 when... [11 Jun 2008]

CIOs chasing the green dream

News Turning green increasingly makes sense to businesses faced with shrinking budgets, sprawling infrastructure footprints and increased waste disposal regulations the report says. Vamshi Mokshagundam, technology analyst at Datamonitor, said green IT... [10 Apr 2008]

EC monopoly warning after record Microsoft fine

News We want compliance [with regulations]. For Microsoft, its fine was calculated based on the 488 days it was out of compliance, Kroes said. Kroes, however, maintained the size of the fine was reasonable, given the length of time Microsoft was out of... [28 Feb 2008]

MiFID: It's finally right here, right now

News Investment organisations have had to change processes and systems to comply with the stricter reporting and trading requirements of the new regulations. UK industry is well prepared for the new regulations. [01 Nov 2007]

IT managers sweating over storage

News But perhaps the biggest issue was "the whole onslaught of regulatory and compliance regulations". One of the problems is government regulations around keeping data for a set period vary from country to county, and often between different government... [01 Nov 2007]

MiFID: No boon for small and private banks?

News According to the British Bankers Association (BBA), the City of London will be well placed to take advantage of the borders breaking down across Europe that the update to investment banking regulations is expected to achieve. [30 Oct 2007]

UK banks ready for MiFID, says FSA

News The UK banking industry is in good shape for the European MiFID regulations which come into force on 1 November, according to the Financial Services Authority (FSA). MiFID - the Markets in Financial Instruments Directive - is a set of regulations... [30 Oct 2007]

MiFID: Banks not ready as deadline looms

News A significant proportion of financial organisations are unprepared for the record keeping requirements of MiFID, just weeks before the European investment banking regulations come into force on 1 November. [17 Oct 2007]

MiFID driving software and services outsourcing

News The need for companies to comply with the EU's update to investment banking regulations, the Markets in Financial Instruments Directive (MiFID), which is due to come into force on 1 November, is driving software and services outsourcing in the... [16 Oct 2007]

MiFID - will the banks be ready in time?

News MiFID investment banking regulations come into force, it is still unclear how prepared banks are - and what will happen to those that aren’t ready. The new regulations could have a big impact on the IT systems of investment banks. [03 Oct 2007]

Banks turn to tech to fight financial data surge

News Data volumes are doubling annually in the financial sector, with a yearly spend of $2.1bn on front office market data infrastructure from Europe and the US, and the report suggests the imminent arrival of regulations such as the Markets in... [02 Aug 2007]

Is your office printer giving you the sniffles?

News Office laser printers are as unhealthy as cigarettes, according to an Australian professor who is now calling for regulations to limit printer emissions. They are now calling for regulations on printer emissions. [01 Aug 2007]

MiFID 'won't turn sky green'

News MiFID - the Markets in Financial Instruments Directive - is a set of regulations to update the way investment banks do business by, among other things, improving record keeping and promoting best execution for financial trades. [13 Jul 2007]

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