The Financial Conduct Authority (FCA) recently published the final rules confirming their approach to improving individual accountability for those carrying out wholesale activities, such as algorithmic and high-frequency trading, in banks, building societies, and Prudential Regulation Authority (PRA) designated investment firms. The rules also provide clarity on aspects of the Regime’s territorial application.

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BRT S.A., with its headquarters in Geneva and London, provides a comprehensive range of insourced as well as outsourced high-tech operational solutions to its clients in the investment community across the globe. Moreover, Ger van Nijkerken, the Director of Business Development at BRT was eager to explain just how BRT achieves this. Continue reading…

McKinsey & Company has acquired Risk Dynamics, a leading risk analytics firm based in Brussels, from where it serves many of the world’s leading financial services companies. This acquisition reflects their joint commitment to becoming a global leader in model validation, model risk management and model advisory support for the financial services sector.  Continue reading…

The Financial Conduct Authority (FCA) has fined five individuals and two firms a total of £15.5m, in addition to banning four of those individuals, for significant integrity and competence failings.
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Zika virus is spread to people through mosquito bites. The most common symptoms of Zika virus disease are fever, rash, joint pain, and conjunctivitis (red eyes). The illness is usually mild with symptoms lasting from several days to a week. Severe disease requiring hospitalization is uncommon. Continue reading…

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have decided to start investigations into certain former HBOS senior managers. These investigations will determine whether or not any prohibition proceedings should be commenced against them. The FCA and PRA continue to review materials with a view to making further decisions regarding other former HBOS senior managers.

Group Compliance Officer Eva-Lotta Rosenqvist has decided to leave Nordea.Eva-Lotta Rosenqvist will continue in her current role until further notice. The recruitment process to find a new Group Compliance Officer has been initiated.  Continue reading…

Andrew Bailey is currently the Deputy Governor for Prudential Regulation at the Bank of England and Chief Executive Officer of the Prudential Regulation Authority. Andrew is expected to take up the role in July 2016.
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by Xavier Verhaeghe

This is probably the coolest time in the history of IT. The sheer number of exciting projects which transform companies or complete industries is astonishing. And many of those transformations are enabled by new innovative uses and capabilities of information technology.

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PA Consulting Group has launched a new tool to help companies ensure their talent is fit for purpose, both now and in the future. Talent Gene is a suite of online tools based on extensive research with leading companies. It provides a unique multi-layered system that enables organisations to improve the way they manage the attraction, retention and development of talent.

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