Financial Regulatory Forum

U.S. chases elusive currency-detection technology

May 4, 2011

By Brett Wolf

ST. LOUIS, May 4 (Thomson Reuters Accelus) – To combat money laundering and contain the drug war raging along the U.S.-Mexico border, U.S. authorities are seeking technology that can detect the hoards of cash that smugglers try to spirit abroad.

Dodd-Frank and SEC blaze new trail for credit ratings

By Guest Contributor
April 20, 2011

NEW YORK, April 19 (Westlaw Business) – Dodd-Frank’s credit-rating provisions do more than just hamstring ratings agencies; they also open new frontiers of opportunity.

Taiwan takes tough stance on corporate governance

By Guest Contributor
April 19, 2011

By Patricia Lee

(Complinet) Taiwan’s Financial Supervisory Commission has stepped up enforcement of its corporate governance regulations by making it mandatory for listed firms and financial institutions to appoint independent directors and set up a remuneration committee. The latest regulations will carry a penalty in the event of any breaches, an FSC official told Complinet, speaking on condition of anonymity.

Where to put the ring-fence: implications of the UK bank report

By Guest Contributor
April 12, 2011

By Peter Elstob

LONDON, April 12 (Complinet) – The Independent Commission on Banking said on Monday that separating retail and wholesale banking in some way might have “a number of potential benefits”, and it invited views on the best design for a “retail ring-fence”.

COLUMN – UK Bribery Act guidelines: has the lobbying worked?

By Guest Contributor
April 5, 2011

By Helen Parry,   senior regulatory intelligence expert, Complinet. The views expressed are her own.

Japan’s material adverse change: from financings to M&A

By Guest Contributor
March 23, 2011

By John Mackie

TORONTO, March 23 (Westlaw Business) – Japan’s nuclear difficulties must be mourned, without qualification. At the same time, the business and legal communities cannot stand still, as they deal with several quite-unexpected ripple effects. Both M&A and capital markets transactions have suffered, and disclosure practices are now coming under review. Set against a backdrop of plummeting stock prices, companies in nuclear-related industries are caught in their own battle to sustain themselves. (more…)

Corporate Governance: Staggered U.S. boards are endangered species

By Guest Contributor
March 23, 2011

By Erik Krusch

NEW YORK, March 23 (Westlaw Business) – Classified boards may be moving towards the endangered species list, as investors and even management are hunting them down.

COLUMN – U.S. Libya sanctions: vendors beware — and beware of your vendors

By Guest Contributor
March 18, 2011

By Richard J Cellini, Esq, CEO Briefcast analytics. The views expressed are his own.

UK financial regulatory changes sharpen accountability of senior managers

By Guest Contributor
March 18, 2011

By Susannah Hammond

LONDON, March 18 (Complinet) The new UK financial regulatory architecture is taking shape. The new bodies, their responsibilities and reporting lines are currently being consulted on and seem likely to be fairly close to the structures which will be in place by the end of 2012.

U.S. budget cut seen threatening state, local financial crime-fighting

By Guest Contributor
March 11, 2011

By Brett Wolf

ST. LOUIS, March 11 (Complinet) – A looming cut to the federal financial crime agency’s budget could cripple state and local investigations that depend on transactions monitored via the anti-money laundering Bank Secrecy Act, worried authorities said.