Regulatory & compliance archive

The week in GRC: Passive asset management raises governance fears and groups file suit against rule reduction order

Feb 09, 2017

11 min read

‒ The Wall Street Journal reported that the six biggest US banks could potentially return more than $100 billion in capital to...

Regulatory & compliance

OCC offers detailed view of third-party risk exams

Feb 08, 2017

By Ben Maiden

5 min read

Compliance and legal teams have been given insight into what regulators will be looking for when they assess how banks handle...

Regulatory & compliance

The week in GRC: Trump eyes fiduciary rule and Snap’s vote-less shares plan angers investors

Feb 02, 2017

By Ben Maiden

12 min read

– The Wall Street Journal reported that in the wake of Wells Fargo’s regulatory settlement over sales practices, the bank’s...

Regulatory & compliance

HSBC unit settles trade volume advertising case

Feb 01, 2017

By Ben Maiden

4 min read

HSBC Securities (USA) has agreed to pay a $575,000 fine and revise certain written supervisory procedures (WSPs) to settle...

Regulatory & compliance

The week in GRC: CFPB to keep up enforcements, Treasury pick Mnuchin addresses bank rules, and more

Jan 26, 2017

By Ben Maiden

9 min read

‒ According to Reuters, Herbalife revealed in a regulatory filing that the US government is investigating the dietary supplement...

Regulatory & compliance

Governance and legal pros consider wish lists for Trump era

Jan 24, 2017

By Ben Maiden

5 min read

As the Trump administration works through its first full week, corporate governance and legal professionals have a range of items...

Regulatory & compliance

HomeStreet settles accounting and whistleblower claims

Jan 23, 2017

By Ben Maiden

7 min read

HomeStreet has agreed to pay a $500,000 fine to settle SEC allegations that it conducted improper hedge accounting and later took...

Regulatory & compliance

CFTC spells out path to co-operation credit

Jan 23, 2017

By Ben Maiden

5 min read

Employees at derivatives-trading firms and related organizations have been given formal insight into how they can help things go...

Regulatory & compliance

The week in GRC: Wave of enforcements closed pre-Trump, more women in line to be CEOs, and more

Jan 19, 2017

By Ben Maiden

11 min read

– BlackRock is urging UK companies – the majority of which are preparing pay policies for a binding vote for the first time in the...

Regulatory & compliance

The week in GRC: GOP bills take aim at regulators, SEC releases exam priorities, and more

Jan 12, 2017

By Ben Maiden

9 min read

- The Financial Times reported that some of the world’s largest banks will spend more than $200 million each to implement new...