Michel van Hulten
I respond to the call to help disseminate this message as widely as possible during the few days preceding the Climate Change Conference in Paris. Everyone should be aware of the fact that the threat to the global climate is also influenced by the success or failure of our fight against corruption. Powerful lobby groups are attempting to manipulate legislation, governments and international organisations for their own ends and are thus compromising safety and our welfare.
The euro area financial system has been resilient through occasional bouts of financial market volatility in the second half of the year, according to the ECB’s latest Financial Stability Review. Continue reading…
The ECB and the PBC have successfully completed tests of their existing bilateral currency swap arrangement. From a Eurosystem perspective, the arrangement serves as a backstop facility to address sudden and temporary disruptions in the renminbi market due to liquidity shortages in euro area banks. Liquidity providing arrangements contribute to global financial stability and the arrangement with the PBC is a recognition of the rapidly growing bilateral trade and investment between the euro area and China.
Continue reading…
The Financial Conduct Authority (FCA) has today fined Barclays Bank (Barclays) £72,069,400 for failing to minimise the risk that it may be used to facilitate financial crime. The failings relate to a £1.88 billion pound transaction (Transaction) that Barclays arranged and executed in 2011 and 2012 for a number of ultra-high-net-worth clients. The clients involved were politically exposed persons (PEPs) and should therefore have been subject to enhanced levels of due diligence and monitoring by Barclays.
The new €20, the third in the Europa series, enters into circulation today. It has a refreshed look and more vibrant colours, and includes a new kind of security feature: a “portrait window” near the top of the hologram stripe which becomes transparent when seen against the light. The window reveals a portrait of Europa, a figure from Greek mythology, which is visible on both sides of the note. The same portrait is also visible in the watermark, alongside an emerald number which displays an effect of the light moving up and down when the note is tilted – exactly like in the €5 and €10 of the Europa series.
Continue reading…
Delta Lloyd Asset Management accepts the Netherlands Authority for the Financial Markets’ (AFM) decision to impose a fine, which was published on 3 August, and has paid the related fine of € 750,000. Continue reading…
The Risk & Compliance Platform Europe announces that in cooperation with our German partner, CO.IN Medien Verlaggesellschaft mbH, the German website has been launched. You can find all relevant news regarding risk and compliance issues in German on this website.
The Financial Conduct Authority (FCA) has today fined Mothahir Miah, a former Investment Analyst at Aviva Investors Global Services Limited (Aviva Investors), £139,000 and banned him from performing any function in relation to any regulated activity in the financial services industry for failing to act with honesty and integrity.
The Hague Security Delta (HSD) is the largest security cluster in Europe. In this Dutch cluster –with important regional hubs in The Hague, Twente, and Brabant– businesses, governments, and knowledge institutions work together on innovation and knowledge in the fields of cyber security, national and urban security, protection of critical infrastructure, and forensics. They share a common goal: more business activity, more jobs and a secure world.
Eurosystem publishes amended legal act to reflect the decision of the Governing Council of 3 September 2015 to increase the PSPP issue share limit, making the higher issue limit effective. Continue reading…
1
Gone are the days when organisations could simply promise a speak up culture. Today, fostering a culture of trust, integrity, and a positive work environment…
Download whitepaperEconomic uncertainty has driven the perfect storm of interlocking risks described in last year’s Risk in Focus in new directions in 2023. Organisations are now…
Download whitepaper
Lieve LowetEU Affairs consultant and lobbyist
Elina Karpacheva Chair of the European Compliance Centre based in Sofia, Bulgaria
Ahsan HabibManager, AML Investigation - Correspondent Banking, Royal Bank of Canada
Michael AmadoLawyer in Paris / Lawyer in Canada
Alex MovchanAlex Movchan CIA CICA CFE is the President of the Institute for Internal Controls - Central and Eastern Europe
Elena PykhovaElena Pykhova is a thought leader, influencer and founder of a think tank, Best Practice Operational Risk Forum. 
Daniel VaknineCEO and Partner of Visslan
Nancy MehradAuthor and the CEO and Founder of Registrant Law Professional Corporation
Ajay KataraConsulting Partner and Head the RegTech Portfolio in Banking Risk Management area at Tata Consultancy Services (TCS)
Introduction Aware of the ins and outs of the CSRD in one day During this practical day, you will learn everything about the CSRD quickly…
The EIB, the European Union’s bank, is seeking to recruit for its Group Risk & Compliance Directorate – Regulation and EIB Group Risk Department –…
Language:English
ISBN:9791280623188
Price:€ 34.95 (Paperback)
The book introduces the key elements contributing to entrepreneurial vitality and sustainability in the medium and long term with a specific focus on digital transformation….