Regulation & Compliance
EU Strikes Deal To Cap Banker Bonuses
Bankers in Europe face a cap on bonuses as early as next year, following agreement in Brussels on Thursday to introduce strict new curbs. Politicians hope the move will address public anger at ...
U.S. High Court Puts 5-Year Occurrence Limit On SEC In Levying Fraud Penalties
On Wednesday, the U.S. Supreme Court limited the authority of the Securities and Exchange Commission to seek civil penalties over conduct that occurred more than five years before investigators took ...Global Watchdogs Seeking Public Comment On LIBOR Fix
Global regulators will ask the public for more comments before publishing a report on how to fix financial benchmarks after the LIBOR interest-rate rigging scandal, U.S. derivatives regulators said ...U.S. Comptroller Defends Settlements with Banks, Hits Critics
A top U.S. bank regulator on Tuesday offered a lengthy defense of entering into settlements with banks, taking a swipe at critics who have questioned whether regulators are aggressive enough in ...IASB, FASB Fail To Agree On Bank Loan Loss Rules; Insurers Press For Time
Investors will have to grapple with two sets of rules for how banks recognize losses on loans after the world's two main accounting regulators failed to agree a common approach. At the height of the ...Prospects for Insurance Regulation in 2013
Progress in making insurance regulatory changes has been slow, and there's nothing to indicate that this situation will change in the future. The United States has, however, made relevant changes. ...