Microsoft Calibri lands ex Pakistan PM in the dock
The Panama Papers—a collection of documents leaked from off-shore law firm Mossack Fonseca in 2014—included documents that appeared to indicate that Pakistani Prime Minister Nawaz Sharif had been embezzling quite a sizable amount of cash. The Pakistani ... Read More »
Don’t google how to insider trade just before you insider trade!
The Securities and Exchange Commission today announced insider trading charges against a research scientist who allegedly searched the internet for “how sec detect unusual trade” before making a trade that the agency flagged as suspicious through data analysis.Source: ... Read More »
The FCA cares about your IT Infrastructure
“Regulated firms continue to face challenges from the pace of technological change […] This places strains upon existing, legacy IT environments which were designed to meet very different needs.”“We work with firms so that IT failures do not have a ... Read More »
FCA Specialist Supervision now includes “Technology and Resilience” focusing on Outsourcing
“Specialist supervisionTo ensure that we continue to properly regulate markets and the firms within them we have specialist teams who focus on supervising specific activities and issues. These are Client Assets and Resolution (CARD), Prudential, Technology and Resilience, Conduct Specialists ... Read More »