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  • Federal Reserve System Appoints Payments Security Strategy Leader

    Date 10/09/2015

    The Federal Reserve System on Thursday announced the appointment of Federal Reserve Bank of Chicago Senior Vice President Todd Aadland as its Payments Security Strategy Leader. In this role, Aadland will lead the System's activities to address fraud risk and advance the safety, security and resiliency of the payment system. His responsibilities will include chairing the Secure Payments Task Force, comprised of more than 170 payments stakeholders.

  • SEC Announces Fraud Charges In Cross-Border Scheme To Secretly Control And Manipulate Stock Of Chinese Companies After Reverse Mergers

    Date 10/09/2015

    The Securities and Exchange Commission today announced fraud charges against a Wall Street CEO and his company, family members, and business associates accused of secretly obtaining control and manipulating the stock of Chinese companies they were purportedly guiding through the process of raising capital and becoming publicly-traded in the United States.

  • Finansinspektionen's Acting Director General Martin Noréus: Amortisation Requirement And Risk Weights – Two Current Issues For Macroprudential Policy

    Date 10/09/2015

    FI’s acting Director General Martin Noréus held the speech “Amortisation requirement and risk weights – two current issues for macroprudential policy” at UBS annual Nordic Financial Services Conference on 10 September 2015. 

  • EBA Issues Revised List Of ITS Validation Rules

    Date 10/09/2015

    The European Banking Authority (EBA) issued today a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting, highlighting those which have been deactivated either for incorrectness or for triggering IT problems. Competent Authorities throughout the EU are informed that data submitted in accordance with these ITS should not be formally validated against the set of deactivated rules.

  • SEC: Robert Cohen And Joseph Sansone Named Market Abuse Unit Co-Chiefs

    Date 10/09/2015

    The Securities and Exchange Commission today announced that Robert Cohen and Joseph Sansone have been named co-chiefs of the Division of Enforcement’s Market Abuse Unit, a national specialized unit that focuses on complex insider trading rings and other abusive trading schemes and misconduct.  The two have served as the unit’s acting co-chiefs since the departure last month of Daniel Hawke, its inaugural chief.