The recent FCA enforcement trends, especially in the context of wholesale markets and, given the work of the AFME, the way in which MIFID 2 is already influencing the trend line.
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Something here Low inflation despite a stronger economic outlook helped push markets up in recent months and reduced the expected pace of tightening of monetary policy in major economies. Signs of increased risk-taking have become apparent in a number of areas, including narrow credit spreads, increased carry trade activity and looser bond covenants. Continue reading…

Human Inference, the European market leader in Data Quality and Data Management Software, announced that it has become part of a newly integrated company, which will operate under the name Quadient®.
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Are you using operational risk management (ORM) as an organizational imperative? Effective management of operational risks will increase C-suite visibility and encourage more informed risk taking. Integrating ORM strategy, tools, and processes into your organizational goals will lead to improved product performance, greater brand recognition, and deliver sustainable financial results.
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The Financial Conduct Authority (FCA) has confirmed its final decision to make a Market Investigation Reference (MIR) to the Competition and Markets Authority (CMA) in relation to investment consultancy and fiduciary management services.  This is the first time that the FCA has made such a reference to the CMA.
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The term ICO refers to a digital way of raising funds from the public using a virtual currency, also known as cryptocurrency. An ICO can also be known as ‘token sale’ or ‘coin sale’. ICO issuers accept a cryptocurrency, like Bitcoin or Ether, in exchange for a proprietary ‘coin’ or ‘token’ that is related to a specific firm or project. ICOs vary widely in design. The digital token issued may represent a share in a firm, a prepayment voucher for future services or in some cases offer no discernible value at all. Often ICO projects are in a very early stage of development.
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The Generali Group has entered into a share purchase agreement to dispose its entire shareholding (98.56%) in Generali Nederland N.V.(Generali Nederland). The transaction is part of its strategy to optimize its geographical presence, increase operational efficiency and improve capital allocation.
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When it comes to information technology there is no such thing as absolute security. The security expert Gene Spafford hit the nail on the head when he said, “The only truly secure system is one that is powered off, cast in a block of concrete and sealed in a lead-lined room with armed guards”. In this article this issue will be addressed of cyber security from a central banker’s standpoint. Continue reading…

The Basel Committee published the results of its latest Basel III monitoring exercise based on data as of 31 December 2016. The Committee established a rigorous reporting process to regularly review the implications of the Basel III standards for banks, and it has published the results of previous exercises since 2012. For the first time, the report provides not only global averages but also a regional breakdown for many key metrics. Continue reading…