http://www.complinet.com Complinet UK and European Securities Banking and Commodities 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=122989 The Financial Services Authority has announced a new operational structure designed to better align its internal operating model to its core activities of identifying and mitigating risk, supervision and enforcement. Thu, 02 Jul 2009 09:29:26 +0000 http://www.complinet.com/global/news/news/article.html?ref=122986 The Financial Services Authority has fined Richard Holmes, a director of insurance broker AIF Limited, £20,020 for control failings in relation to an appointed representative firm. Thu, 02 Jul 2009 09:22:31 +0000 http://www.complinet.com/global/news/news/article.html?ref=122992 The Technical Committee of International Organization of Securities Commission has published a consultation paper — Principles for Periodic Disclosure by Listed Entities — that makes preliminary recommendations for disclosures that could be provided by issuers in periodic reports, particularly annual reports, of listed entities. Thu, 02 Jul 2009 09:19:38 +0000 http://www.complinet.com/global/news/news/article.html?ref=122995 Police in the UK have arrested 10 people and seized cash and vehicles valued at around £300,000 following early morning raids linked to a fraud and money laundering investigation. Thu, 02 Jul 2009 09:00:28 +0000 http://www.complinet.com/global/news/news/article.html?ref=122988 Today's roundup includes a European Commission staff working paper which is entitled Compliance with the anti-money laundering directive by cross-border banking groups at group level. Thu, 02 Jul 2009 09:00:14 +0000 http://www.complinet.com/global/news/news/article.html?ref=122991 Authorities in Belgium have raided the offices of BNP Paribas Fortis as part of an ongoing investigation into possible market manipulation and insider dealing. Thu, 02 Jul 2009 09:00:04 +0000 http://www.complinet.com/global/news/news/article.html?ref=122990 The Financial Services Authority today announced that Adam Phillips has been appointed chairman of the Financial Services Consumer Panel. Thu, 02 Jul 2009 09:00:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=122961 The UK must speak with one voice in the debate on sweeping regulatory reform in Europe, according to a senior member of the shadow UK Treasury team. Thu, 02 Jul 2009 07:02:56 +0000