Amidst heightened scrutiny of the financial industry, the US Securities and Exchange Commission (SEC) fined Ares Management LLC one million dollars for its failure to implement policies to prevent the misuse of…

Following years of Republican-led lobbying, U.S. regulators unveiled new banking regulations that simplify business for large banks with complex trading and investment portfolios. In a win for the industry, regulators significantly reworked…

Amidst efforts to stem financial misconduct, a regulator hit Redcentric PLC with a formal action against the company and potential criminal sanctions for the individuals involved. The UK Financial Conduct Authority (FCA)…

To reduce risk to markets and firm stability, the FICC Market Standards Board (FMSB) published a new set of guidelines to accommodate the growth in algorithmic (algo) trading. Its Statement of Good…

Longstanding issues with the bank’s requirement to provide regulators with information about its swaps reporting business have culminated in penalties for Deutsche Bank AG (DBKGn.DE). The US Commodity Futures Trading Commission (CFTC)…

Recently, the UK Financial Conduct Authority fined Commerzbank AG for its lack of money-laundering controls and failure to improve them despite a series of warnings from the U.K. watchdog and multiple investigations…

The UK Financial Conduct Authority (FCA) recently reminded lenders of their responsibilities as it handed Lloyds Banking Group (LLOY.L) a record penalty for mortgage customer failings. Lloyds was fined by the City…

As the U.S. Financial Industry Regulatory Authority (FINRA) continues to ramp up efforts to prevent financial misconduct, penalties have been increasingly levied against top businesses and personnel. Recently, FINRA suspended an ex-LPL…

In light of the Covid-19 pandemic, the Financial Industry Regulatory Authority (FINRA), Certified Financial Planner Board of Standards (CFP), and the Securities and Exchange Commission (SEC) continue to adjust regulatory and exam…

Radar has not been idle during lockdown – to follow is a summary from our recent roundtables of how buyside and sellside Compliance professionals have handled this unusual time, and what practices…

How your own data can comfort your people, secure your customers and risk-proof your business now and for the future In 2020, the state of the world is causing us to live…

For too long, companies have been in the dark about the conduct of their employees. Shocking examples in financial services firms have dominated headlines in the last year, with significant monetary and reputational costs to the businesses involved. Radar spells out why it’s time to turn over those rocks and reveal the snakes that may be lurking within your firm.

When does an alert become an “issue”? Radar investigates the potential compliance power that can be harnessed when firms read between the lines of their alerts to predict and prevent abusive behaviour.

Under pressure from the regulators, financial services firms are ramping up investment in smart tech and innovative systems to monitor employees and draw out risks. But can any system ever be fully watertight?

Radar outlines the emergence of a new internal force within corporations, designed to raise awareness and prevent the potential liability that every organisation now faces from insider threat.

As companies and individuals assess the value and future of their data, new considerations are required to assist decision making on data residency, security and storage. Good governance has never been so essential as data breaches get more attention, privacy initiatives multiply, and data protection authorities flex their muscles.