Financial Regulatory Forum

Brexit signals shift: political risk hits long-stable Western economies

July 6, 2016

By Richard Satran, Regulatory Intelligence

(NEW YORK) – The idea that the biggest risk faced by the global economy no longer comes from the Middle East or somewhere along the Cold War fault line is not entirely new. But the Brexit vote and its aftermath underscores the need for risk professionals to understand the implications of the growing revolt against elites sweeping through the part of the world long viewed as the most stable.

Broker-dealers face big compliance challenge, new costs in FINRA stress tests

September 30, 2015

By Richard Satran, Regulatory Intelligence

NEW YORK, Sept. 30, 2015 (Thomson Reuters Regulatory Intelligence) – Broker-dealers who have been largely spared the burden of the painful stress testing that major bank faced after the financial crisis of 2008 will finally taste some of the medicine given to the financial giants.

U.S. regulators urge firms to improve business continuity and disaster recovery plans

August 21, 2013

By Stuart Gittleman, Compliance Complete

NEW YORK, Aug.21 (Thomson Reuters Accelus) – Futures and securities firms should review their industry-wide and internal business continuity and disaster recovery plans to improve responsiveness to significant disruptions and reduce recovery time, their regulators said Friday in a staff advisory.