The decision by the FSA to fine David Einhorn and his firm, Greenlight Capital, GBP7.2 million demonstrates the FSA’s commitment to stamping out market abuse, says Gregory Brandma
The Vice Mayor of Shanghai has recognised the quality and stability of Guernsey’s financial services industry. Tu Guangshao voiced his support for Guernsey as a well-regulated, compliant and cooperative international finance centre recognising the island’s “great achievements in financial regulation
Fincross International (incorporated as RUBIX Financial Group Ltd) has received an in-principle approval for an investment banking license from the Financial Services Commission of Mauritius (FSC). Led by former Société Générale CEO of the Middle East and Africa, Eddy
The Commodity Futures Trading Commission (CFTC) has filed and settled charges against Jacob Bourne, a former managing director of Deutsche Bank Securities Inc, for fraudulently mis-marking swap valuations to conceal significant trading losses. The CFTC Order requires Bourne to pay
The UK FSA’s deadline for responses to its consultative paper on disclosure of contracts for difference is 12 December and hedge fund managers are among those urged to participate in respo
On Thursday 29 November 2018, Global Fund Media hosted an exclusive event in conjunction with the Bahamas Financial Services Board (BFSB), to showcase how the jurisdiction is updating its regulatory regime, not only to bring it into closer alignment with
ABN AMRO, Banco Santander, Bank of America Merrill Lynch, Barclays, Goldman Sachs, ING and three other financial institutions have joined IHS Markit’s technology design team for Securities Financing Transaction Regulation (SFTR) reporting. “With significant engagement from more than 40 industry
Guernsey is aiming to take a leading role in drafting new laws to offer certainty in the use of ‘Electronic Agents’ in transactions and contract matters, and to create a smart, secure environment for the exploitation of technology for specialist
Securities and Exchange Commission chairman Christopher Cox and Federal Reserve System chairman Ben Bernanke have signed a memorandum of understanding between the two agencies that will de
If ever there was a lesson to be learned from the spate of catastrophes precipitated by the credit crunch, it should be that mistakes made in the past should be remedied to prevent future
