Financial Regulatory Forum

Financial Regulation in 2014: The Dust Hasn’t Settled For Compliance

By Guest Contributor
January 30, 2014

By Compliance Complete, Thomson Reuters Accelus staff

The year 2013 saw a raft of new legislation stemming from regulators worldwide and 2014 looked like the year in which the dust would settle and that compliance professionals could spend focusing on implementing those changes. However, this has not been the case and compliance staff are still operating in a changing environment, where political pressures and cultural inertia mean that it is hard to pause for breath.

Offshore U.S. oversight of derivatives may bolster defenses against JPMorgan-type losses

By Guest Contributor
May 29, 2012

By Nick Paraskeva

NEW YORK, May 29 (Thomson Reuters Accelus) – U.S. regulators are looking to use new their oversight authority over foreign derivatives trades to reduce the chances of new shocks such as JPMorgan Chase & Co’s trading loss of at least $2 billion.