Operational Risk. 3 final observations on the 2011 $2.3B loss at UBS caused by a rogue trader. Insight form the coal face; in 2011 UBS had a $2.3B loss created by rogue trader Kweku Adoboli. Beyond the…
ISITC EUROPE moves to a Community Interest Company ISITC EUROPE is now a fully regulated ‘not for profit’ Community Interest Company, remaining one of the City’s longest community…
What is a FIGI Certified Provider? Within the standard for FIGI (the Object Management Group standard for Financial Instrument Global Identifiers), there are two roles specified.…
Russia-Turkey-Europe Energy Relations: Why the TurkStream Pipeline Matters Given Brussel’s unprecedented pressure, Russia announced in December 2014 that it terminated its strategic South Stream project, which was to…
Beware: Data Reporting Potholes Ahead in MiFIR and MiFID Reporting As the financial services industry and regulators embrace standardization globally, we need to be more deliberate and conscious of what…
UK Treasury Committee says regulators must act to reduce IT failures in financial services Ageing IT systems, failed outsourcings and cyber-attacks have been common causes of disruption to business in the financial services sector.…
Compression Auctions as Tools during IBOR Transition The IBOR transition is now well under way on the derivative front, and some key steps have been taken in…
