http://www.complinet.com Complinet RSS feed en complinet.com http://www.complinet.com/global/news/news/article.html?ref=123015 Today's roundup includes an announcement by the Financial Services Authority regarding its new operational structure. Fri, 03 Jul 2009 09:00:58 +0000 http://www.complinet.com/global/news/news/article.html?ref=123016 The Financial Services Authority has banned Hornchurch-based mortgage broker Abdul Karim for submitting a mortgage application for himself that was based on false information about his income. Fri, 03 Jul 2009 09:00:31 +0000 http://www.complinet.com/global/news/news/article.html?ref=123018 Tanzania's Twiga Bancorp has announced a new system for handling money transfers as part of its drive to improve its anti-money laundering controls, reports say. Fri, 03 Jul 2009 09:00:18 +0000 http://www.complinet.com/global/news/news/article.html?ref=123019 The second annual Bankers' Association for Finance and Trade Africa Bank-to-Bank Forum witnessed a "frank exchange" on effective anti-money laundering issues earlier this week, the organisation's president has said. Fri, 03 Jul 2009 08:58:27 +0000 http://www.complinet.com/global/news/news/article.html?ref=123011 The collapse of Lehman Brothers last September made both private investors and distributors of investment products suddenly more aware of counterparty risk. Fri, 03 Jul 2009 08:24:24 +0000 http://www.complinet.com/global/news/news/article.html?ref=123010 With a file of draft European Union regulations which may enter the law of member states in 2011 looming over a beleaguered hedge funds industry, managers of alternative investments and their service providers are already beginning to position themselves in order to respond effectively to product manufacturing needs. Fri, 03 Jul 2009 08:18:52 +0000 http://www.complinet.com/global/news/news/article.html?ref=123009 An oil broker suffered losses of £6m after a suspected rogue trader allegedly carried out unauthorised trading, the company revealed. Fri, 03 Jul 2009 07:11:42 +0000 http://www.complinet.com/global/news/news/article.html?ref=122997 The Financial Services Authority's enforcement and financial crime divisions are to be merged under the leadership of enforcement chief Margaret Cole, as part of a widespread reshuffle largely brought about by the banking crisis. Fri, 03 Jul 2009 06:21:34 +0000 http://www.complinet.com/global/news/news/article.html?ref=122993 The Financial Services Authority published its consultation paper 09/18 on the retail distribution review last week. Fri, 03 Jul 2009 06:16:55 +0000 http://www.complinet.com/global/news/news/article.html?ref=122999 Insurers must price insurance for climate change based on risk or their business model will suffer, warned Rolf Tolle, director, franchise performance at Lloyd's. Fri, 03 Jul 2009 06:06:54 +0000 http://www.complinet.com/global/news/news/article.html?ref=122985 So, it is here, the official retail distribution review consultation paper, the final countdown to the RDR. Fri, 03 Jul 2009 06:00:47 +0000 http://www.complinet.com/global/news/news/article.html?ref=122944 . Fri, 03 Jul 2009 06:00:40 +0000 http://www.complinet.com/global/news/news/article.html?ref=123006 Hong Kong brokers Sun Hung Kai Investment Services and KGI Asia have told the Securities and Futures Commission that they have completed their voluntary Lehman Brothers minibond repurchase initiatives, the regulator said. Fri, 03 Jul 2009 01:52:47 +0000 http://www.complinet.com/global/news/news/article.html?ref=123007 Vietnam's prime minister has issued a decision on the organisation and operation of the country's National Finance Supervisory Council. Fri, 03 Jul 2009 01:46:02 +0000 http://www.complinet.com/global/news/news/article.html?ref=123005 The Stock Exchange of Hong Kong recently announced that companies whose financial situation has been temporarily and adversely affected by the current economic downturn may nevertheless qualify for listing even though they do not strictly meet the minimum profit track record. Fri, 03 Jul 2009 01:45:10 +0000 http://www.complinet.com/global/news/news/article.html?ref=123008 The Australian Securities and Investments Commission has released a consultation paper on new guidance related to disclosure of substantial holdings arising from securities lending or prime broking. Fri, 03 Jul 2009 01:23:41 +0000 http://www.complinet.com/global/news/news/article.html?ref=123004 The Rudd government's inability to make decisions on three sharemarket operator licence applications is but one of many examples of its timidity on microeconomic reform. Fri, 03 Jul 2009 00:27:37 +0000 http://www.complinet.com/global/news/news/article.html?ref=123003 Thousands of investors who lost money on Lehman Brothers minibonds held a noisy and sometimes emotional rally yesterday, calling on the chief executive to step down, and saying the fiasco had yet to be resolved. Fri, 03 Jul 2009 00:24:13 +0000 http://www.complinet.com/global/news/news/article.html?ref=123002 Businessman Oei Hong Leong has hit back at claims made by Citibank over his foreign exchange losses as the legal battle between the tycoon and the US banking giant goes up a gear. Fri, 03 Jul 2009 00:18:17 +0000 http://www.complinet.com/global/news/news/article.html?ref=122966 Investor Warren Buffett has been called "the sage of Omaha," but the Securities and Exchange Commission on Tuesday used another term to describe a neighboring investment adviser and its principal – "fraudster. Thu, 02 Jul 2009 12:20:00 +0000