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    <pubDate>Fri, 27 Nov 2009 15:05:08 +0000</pubDate>
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      <title><![CDATA[DoJ claims ten men ran or were linked to a terror-finance ring that supported Hezbollah]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126925</link>
      <description><![CDATA[A federal grand jury in Philadelphia has charged 10 men, most of them from New York and Beirut, Lebanon, in relation to an international terror finance network aimed at supporting the Lebanon-based group Hezbollah.]]></description>
      <pubDate>Fri, 27 Nov 2009 11:19:26 +0000</pubDate>
    </item>
    <item>
      <title><![CDATA[Six people sentenced for participating in international stock manipulation scheme]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126927</link>
      <description><![CDATA[A federal judge in Detroit has sentenced six people for their roles in an international stock manipulation scheme that involved the illicit use of bulk commercial e-mails, a technique often known as "spamming.]]></description>
      <pubDate>Fri, 27 Nov 2009 11:01:47 +0000</pubDate>
    </item>
    <item>
      <title><![CDATA[The Warwick Commission on International Financial Reform: In Praise of Unlevel Playing Fields]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126981</link>
      <description><![CDATA[Here you can read the executive summary and recommendations of the report broken down by chapter however this should not be a substitute for the full report where the recommendations are discussed at length.]]></description>
      <pubDate>Fri, 27 Nov 2009 09:05:39 +0000</pubDate>
    </item>
    <item>
      <title><![CDATA[EU proposals rattle UK private equity]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126977</link>
      <description><![CDATA[UK private equity companies reacted angrily last night after a European parliamentary committee proposed widening the scope of a controversial directive for alternative fund managers.]]></description>
      <pubDate>Fri, 27 Nov 2009 08:39:55 +0000</pubDate>
    </item>
    <item>
      <title><![CDATA[Damning with faint praise? FSA welcomes 'complementary' Walker Review]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126963</link>
      <description><![CDATA[The Financial Services Authority yesterday was quick to welcome the final report on Sir David Walker's review of corporate governance in UK banks and other financial institutions.]]></description>
      <pubDate>Fri, 27 Nov 2009 07:20:36 +0000</pubDate>
    </item>
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      <title><![CDATA[Impact analysis: Final recommendations of the Walker Review on corporate governance]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126950</link>
      <description><![CDATA[HM Treasury has published the final recommendations of the Walker Review of corporate governance in the UK banking industry.]]></description>
      <pubDate>Fri, 27 Nov 2009 07:00:00 +0000</pubDate>
    </item>
    <item>
      <title><![CDATA[The bank charges case: a supreme surprise?]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126955</link>
      <description><![CDATA[The dispute between UK high street banks and some of their customers regarding unarranged overdraft charges has attracted considerable media attention.]]></description>
      <pubDate>Fri, 27 Nov 2009 06:57:53 +0000</pubDate>
    </item>
    <item>
      <title><![CDATA[Impact analysis: HMT consultation on mortgage regulation]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126941</link>
      <description><![CDATA[HM Treasury has published a consultation (PDF) on mortgage regulation, which sets out proposals to extend the scope of the Financial Services Authority's remit to include buy-to-let and second charge mortgages as well as measures to protect borrowers when lenders sell on mortgage books to third parties.]]></description>
      <pubDate>Fri, 27 Nov 2009 06:57:00 +0000</pubDate>
    </item>
    <item>
      <title><![CDATA[Capital changes will be dramatic for retail banking and may need loosening, says City veteran]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126961</link>
      <description><![CDATA[Regulatory changes to capital requirements for banks will have such a dramatic impact on profitability that regulators might be forced to rein back their proposals, former Lloyds TSB chairman Sir Brian Pitman has said.]]></description>
      <pubDate>Fri, 27 Nov 2009 06:33:27 +0000</pubDate>
    </item>
    <item>
      <title><![CDATA[Bribery Bill heralds strict liability for offending corporates]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126914</link>
      <description><![CDATA[After lengthy consultation on draft bribery legislation published in March, the Bribery Bill 2009 was introduced in the House of Lords on  November 19, 2009, with a view to becoming law before the next general election.]]></description>
      <pubDate>Fri, 27 Nov 2009 06:08:24 +0000</pubDate>
    </item>
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      <title><![CDATA[AIG UK's switch to subsidiary got it out on front foot with regulator, says CEO]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126954</link>
      <description><![CDATA[AIG UK's conversion to a subsidiary enabled it to respond effectively to the September 2008 group crisis, according to chief executive Lex Baugh.]]></description>
      <pubDate>Fri, 27 Nov 2009 06:06:38 +0000</pubDate>
    </item>
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      <title><![CDATA[Inside story: Australian firms grappling with consumer credit reforms]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126974</link>
      <description><![CDATA[Financial services industry figures have revealed that many lenders will struggle to meet the mid-2010 deadline for licence applications under the upcoming consumer credit regime, despite the government's decision to offer a six-month reprieve.]]></description>
      <pubDate>Fri, 27 Nov 2009 01:55:39 +0000</pubDate>
    </item>
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      <title><![CDATA[Firms 'wary' of SFC following string of successful prosecutions, says lawyer]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126970</link>
      <description><![CDATA[There has been a "noticeable increase in wariness" in the market following the recent success of the Hong Kong Securities and Futures Commission in pursuing market misconduct issues, according to Alan Ewins, the head of Allen & Overy's Asian Financial Services Group in Hong Kong.]]></description>
      <pubDate>Fri, 27 Nov 2009 01:49:07 +0000</pubDate>
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      <title><![CDATA[Hong Kong: High Court dismisses appeal for failure to disclose holdings]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126973</link>
      <description><![CDATA[Hong Kong's High Court has dismissed an appeal in which a person received a majority stake in a company without notifying the relevant authorities.]]></description>
      <pubDate>Fri, 27 Nov 2009 01:20:00 +0000</pubDate>
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      <title><![CDATA[China: Global economy still not out of the woods, says regulator]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126971</link>
      <description><![CDATA[The financial crisis has proved the financial services sector to be dysfunctional and the current economic situation remains "tough", according to Liu Mingkang, chairman of the China Banking Regulatory Commission.]]></description>
      <pubDate>Fri, 27 Nov 2009 01:10:08 +0000</pubDate>
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      <title><![CDATA[Australia: Reserve bank tightens regulation of EFTPOS fees]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126972</link>
      <description><![CDATA[The Reserve Bank of Australia is set to push through changes to the EFTPOS interchange fee standard to bring the costs into line with debit interchange charges.]]></description>
      <pubDate>Fri, 27 Nov 2009 00:57:32 +0000</pubDate>
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      <title><![CDATA[Australia: Inquiry quiet over banks' role  ]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126965</link>
      <description><![CDATA[While the Federal parliamentary committee that looked into the demise of Storm Financial conducted an exhaustive and professional investigation, there is a valid argument that it has gone light on the banks.]]></description>
      <pubDate>Fri, 27 Nov 2009 00:26:05 +0000</pubDate>
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      <title><![CDATA[Hong Kong: Association pushes HK as treasury market hub     ]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126969</link>
      <description><![CDATA[Amid the eonomic turmoil, a little-known entity has steadfastly worked to promote competitiveness and professionalism in Hong Kong's treasury markets.]]></description>
      <pubDate>Fri, 27 Nov 2009 00:11:43 +0000</pubDate>
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      <title><![CDATA[China: Regulator curbs transfers to check hot money  ]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126968</link>
      <description><![CDATA[The mainland's foreign exchange regulator has issued a rule to control local and foreign currencies being transferred between bank accounts, a move to curb hot money flowing into the country amid expectations of a stronger yuan.]]></description>
      <pubDate>Fri, 27 Nov 2009 00:10:01 +0000</pubDate>
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      <title><![CDATA[Hong Kong: HKMA chief says China not hiking bank capital requirements   ]]></title>
      <link>http://www.complinet.com/global/news/news/article.html?ref=126967</link>
      <description><![CDATA[The head of Hong Kong's central bank was quoted in reports Tuesday as saying banking regulators in Beijing aren't currently planning to raise Chinese banks' capital adequacy ratios.]]></description>
      <pubDate>Fri, 27 Nov 2009 00:08:49 +0000</pubDate>
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