http://www.complinet.com Complinet Canada Financial Services RSS feed en complinet.com http://www.complinet.com/global/news/news/article.html?ref=116933 Investors do not normally fight each other; they do, however, over collateralize debt obligations. Tue, 03 Mar 2009 20:00:26 +0000 http://www.complinet.com/global/news/news/article.html?ref=118608 "The segregation of assets outside the fund management company, which was inspired by the lessons of the late 60s IOS scandal, was reflected in the 1985 directive by the depositary's identification as the entity responsible for safe keeping UCITS assets. Fri, 30 Jan 2009 18:44:54 +0000 http://www.complinet.com/global/news/news/article.html?ref=118397 This article is the third in a series on practical operational risk management. Thu, 29 Jan 2009 19:21:05 +0000 http://www.complinet.com/global/news/news/article.html?ref=118501 After years of debate as to whether Canada will form a national securities regulator, all rumors were dismissed on November 19, when Finance Minister Jim Flaherty committed to the cause. Mon, 26 Jan 2009 23:51:16 +0000 http://www.complinet.com/global/news/news/article.html?ref=118494 Lord Adair Turner, chairman of the UK Financial Services Authority, has given The Economist's Inaugural City Lecture on the root causes of the global financial crisis and the future of financial services regulation. Mon, 26 Jan 2009 20:18:35 +0000 http://www.complinet.com/global/news/news/article.html?ref=118452 Rating agencies still wield enormous power over the US insurance industry despite their serious failings elsewhere in the investment world, officials said. Mon, 26 Jan 2009 19:00:42 +0000 http://www.complinet.com/global/news/news/article.html?ref=118480 The United States currently is confronted with a financial crisis that threatens substantial damage to the US financial system that may have grave consequences for the US and world economies. Fri, 23 Jan 2009 23:20:38 +0000 http://www.complinet.com/global/news/news/article.html?ref=118446 Numerous widespread regulatory implications have arisen from the fallout from the global financial turmoil. Fri, 23 Jan 2009 19:22:13 +0000 http://www.complinet.com/global/news/news/article.html?ref=118417 The US government's claim of disruption to the economy as the reason for bailing out auto manufacturers is perhaps a ploy to avoid publicizing systemic risk from credit derivatives written on them, according to officials. Thu, 22 Jan 2009 16:20:55 +0000 http://www.complinet.com/global/news/news/article.html?ref=118402 Lawyers and a business adviser from the firm Patton Boggs will team with Complinet to alert compliance professionals on how to prepare for an expected sweep of changes to regulating the financial services industries. Wed, 21 Jan 2009 23:55:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=118346 In the present market, all financial institutions should know what is in their trading and derivatives agreements, according to Robin Powers, attorney at the New York City office of Sutherland. Tue, 20 Jan 2009 18:47:28 +0000 http://www.complinet.com/global/news/news/article.html?ref=118311 The Basel Committee on Banking Supervision has issued a "consultative package" of proposals to strengthen the Basel II capital framework. Mon, 19 Jan 2009 17:40:49 +0000 http://www.complinet.com/global/news/news/article.html?ref=118261 The Man Group's announcement that it will take legal action over its exposure to the Bernard Madoff scandal has drawn attention to what one litigation lawyer has called the "Madoff ripple effect". Fri, 16 Jan 2009 11:49:52 +0000 http://www.complinet.com/global/news/news/article.html?ref=118199 Reports have appeared in the French press to the effect that Bernard Madoff featured in an investigation that the French Commission des Bourses (COB) carried out in 1989 concerning the affaire Triangle-Pechiney. Thu, 15 Jan 2009 16:26:45 +0000 http://www.complinet.com/global/news/news/article.html?ref=118207 The Securities and Exchange Commission implemented several rule changes during 2008 that affect both the timing and content of annual reports that foreign private issuers file on Form 20–F . Wed, 14 Jan 2009 18:58:56 +0000 http://www.complinet.com/global/news/news/article.html?ref=118206 Ben Bernanke, chairman of the Federal Reserve System, called for stronger financial services supervisory and regulatory systems yesterday in the Stamp Lecture at the London School of Economics in London. Wed, 14 Jan 2009 18:46:18 +0000 http://www.complinet.com/global/news/news/article.html?ref=118204 Many risk management functions are positioned as compliance or back office when they should instead have strategic positioning, said John Drzik, chief executive of Oliver Wyman, yesterday in a presentation on the World Economic Forum's annual Global Risks 2009 report. Wed, 14 Jan 2009 17:54:22 +0000 http://www.complinet.com/global/news/news/article.html?ref=118200 It is a favourite old West African confidence trick, but when the victim is a Serbian gangland boss the fraudsters are likely to run into trouble. Wed, 14 Jan 2009 16:37:09 +0000 http://www.complinet.com/global/news/news/article.html?ref=118137 Fallen media magnate Conrad Black is to take his appeal to overturn a conviction for fraud and obstruction of justice to the US supreme court, according to reports. Mon, 12 Jan 2009 22:40:11 +0000 http://www.complinet.com/global/news/news/article.html?ref=118103 Satyam Computer Services, the Indian IT company, does not have nearly enough insurance coverage to pay any likely damages that arise from actions against the company alleging fraud, according to Kenneth Vianale, attorney with Vianale & Vianale in Boca Raton, Florida. Mon, 12 Jan 2009 19:40:25 +0000