“Less Means More” three little words with a significant meaning. Unless you are talking about Regulation and Compliance, then “More Means More!” After the crisis in 2008, the financial industry needed to make changes in the regulatory system. But with these changes came frustration and confusion. For those of you who get overwhelmed with the
Compliance
Financial Crime & AML Compliance – Event Wrap-Up
We recently held our 2nd Annual Financial Crime & AML Compliance Breakfast event on July 18th, and we couldn’t have asked for better timing! With so many recent AML investigations including ING, HSBC and the Vatican, we knew the sessions would be received well… and we were right! Here’s what a few of our attendees
Compliance
Featured Speaker from FINRA Enforcement
We are pleased to have Sarah Green, Senior Director in the Enforcement Division at FINRA sitting on a panel at our upcoming 2nd Annual Financial Crime & AML Compliance breakfast briefing on July 18th. Sarah specializes in anti-money laundering (AML) and other Bank Secrecy Act issues and has responsibility for consulting with both examination and
Compliance
Is Your Fund Politically Intelligent?
Thanks to the upcoming presidential election, we have been flooded with campaign ads and promises from each candidate. So, I started to think about how the upcoming election will affect the financial services industry. With so much new regulation and legislation being put into place, can we even predict what will happen after November’s election?
Compliance
6 Steps to Implementing Operational Control
Guest Contributor: Patrick Murray, President & CEO, STP Investment Services Enron WorldCom Lehman Brothers AIG Madoff MF Global… Due to disastrous events at companies like those listed above, increased regulation and strict compliance requirements for financial firms are here to stay, and will continue to change and grow more complex for years to come. Firms
Compliance
The Silver Butterfly Case – Straddles 101: Why tax straddles are important to a tax-aware portfolio strategy
Guest Contributor: George Michaels, G2 FinTech With tax season right around the corner, we wanted to shed some light on the historical creation of straddles and why they are important to a tax-aware portfolio strategy. A straddle is a set of investment transactions that simultaneously take two offsetting positions on the same underlying security; one of
Back-Office
The Mandatory LEI – Countdown to Implementation
FTF will be hosting a complimentary webinar on March 28, 2012 at 11a.m. EDT on the upcoming LEI being mandated by Dodd-Frank…. The financial services industry has been looking to push for the use of Legal Entity Identifiers (LEIs) for some time. There has been resistance due to the inability to make a strong business case
Compliance
Catching Up to Fraud
I have to admit, I’ve never really thought about what steps go into catching the masterminds behind financial crime. I’ve heard all about firms upping their compliance and updating their strategies to catch suspicious activity internally, but I have never taken into account the role that the SEC plays in tracking the tips and complaints
Compliance
Mobile Technology – Helpful or Hurtful?
Mobile technology is currently a hot topic for the financial services industry. Many industry publications, including our own FTF News, have written special reports (I will link Eugene’s article here) exploring the growing mobile technology space and the new prospects it has created. Companies have been using this new resource to open up the communication
Compliance
Fun Friday! Financial Crime & AML Word Search
In honor of our upcoming Financial Crime & AML Compliance Breakfast Briefing in NYC on July 12th we have a financial crime related word search for you all today. Just print this post and let the searching begin! Happy Friday! K V P F S M T L G S Y O M J
