North America
Will Dodd-Frank Ever Work?
PwC Report Highlights That Cybercrime is a Growing Threat To the Financial Services Sector
Cybercrime has risen up the ranks over the last year to become the second most commonly reported economic crime affecting companies in the financial services sector after asset misappropriation (which remains the traditional and most popular way of defrauding an organisation), according to the lates
Originally Published:
Tuesday, March 27, 2012
Stop Trading on Congressional Knowledge (STOCK) Act of 2012
The Stop Trading on Congressional Knowledge (STOCK) Act would prohibit members and employees of Congress from using "any nonpublic information derived from the individual's position… or gained from performance of the individual's duties, for personal benefit.” The Act passed the House
Originally Published:
Thursday, March 22, 2012
Behind The Subterfuge Of Job Creation
SEC Commissioner States That Investor Protection is Needed for True Capital Formation
SEC Commissioner Aguilar sets out his concerns with The Jumpstart Our Business Startups Act (HR 3606) in this speech which highlights the need for increased investor protection.
Originally Published:
Friday, March 16, 2012
Federal Reserve Announces Summary Results (and Corrects) Latest Round of Bank Stress Tests
On March 13, the Federal Reserve announced summary results of the latest round of bank stress tests, which show that the majority of the 19 largest U.S.
Originally Published:
Tuesday, March 13, 2012
New York Times Publishes Opinion From Disgruntled Former Goldman Sachs Employee
Greg Smith was Goldman Sach’s head of US equity derivatives business in Europe, the Middle East and Africa. He bid farewell to his 12-year career at Goldman Sachs on 14 March 2012 by penning a column for the New York describing a toxic and destructive work environment.
Originally Published:
Wednesday, March 14, 2012
Patrolling an Extended Perimeter
Financial Stability Board Peer Review of Canada
The Financial Stability Board’s peer review of Canada found that Canada’s response to the global financial crisis was swift and effective and noted that no Canadian financial institution failed or needed government support.
Originally Published:
Monday, January 30, 2012