Office of the Comptroller of the Currency (OCC)
Regulators’ FRTB estimates based on faulty premise—industry study
US market risk capital requirements could more than double if banks abandon IMA
Bot’s job? Quants question AI’s model validation powers
But supervisors cautiously welcome next-gen model risk management
Biden approach could leave US behind on crypto regulation
Long timeline of executive order means international community may move faster than US lawmakers
People Moves: OCC, Enfusion, Exegy, IQ-EQ, and more
A look at some of the key "people moves" from this week, including Bronwen Bastone (pictured), who joins Enfusion as chief people officer.
US banks harbor concerns over agencies’ cyber risk rule
The lack of a reporting template means “people can give the least amount of data possible”, warns a bank CISO, stymieing data sharing.
People Moves: Rimes, Broadridge, TP Icap, Sifma, and more
A look at some of the key "people moves" from this week, including Justin Brickwood (pictured), who joins Rimes as head of benchmark data services.
Banks seek greater clarity from regulators on cloud risk
Regulators have been reluctant to specify cloud risks, despite warnings of overreliance on three big providers.
Covid Could Cause US Regulators to Rethink Surveillance
Not having specific requirements and procedures for firms to refer to ended up putting some funds in a tough place during the pandemic’s early days.
Banking Regulator: Beef Up Security in Covid-19 Remote Working Era
The OCC security controller warns that cybercriminals are exploiting the wider attack surface created by remote working.
The Future of Cloud Regulation: The Authorities Take Notice
A look at how regulators could approach supervising public cloud companies in the future.
The Cloud Breach Blame Game
As cloud computing becomes an ever more critical component of any modern financial technology infrastructure, cloud deals are coming under increased regulatory scrutiny.
Deep Learning: The Evolution is Here
Advancements in AI have led to new ways for firms to generate alpha and better serve clients. The next great evolution in the space could come in the form of deep learning. WatersTechnology speaks with data scientists at banks, asset managers and vendors…
US Regulators Release Final Rules for T+2
The final ruling from two US prudential regulators aligns both agencies with the markets regulator.
Arachnys and Quantexa Partner for KYC
The two firms will integrate their platforms to help automate the identification of gaps in customer information.
Regulators' Acceptance of Fintech Should Encourage Adoption
Regulatory agencies are starting to take the lead in working with financial technology firms, panelists said.
Demanding Regulators Drive Surveillance Tech Requirements
Increasingly advanced watchdogs have "upped the ante" for trading firms, compliance chiefs say.
On the Fence About Fintech Regulations
Differing sides of the financial technology regulation debate each make sense, which is why choosing a side is difficult.
New Technologies Bring New Challenges to Regulatory Agencies
Examiners' skills and policy crafting may need to change to meet demands of emerging technologies.
CFTC Sets Up Lab to Connect with Fintech Firms
LabCFTC will help guide firms through CFTC rules and open the agency to updating its regulations to meet changing market conditions.
Waters Cover Profile: Born to Be a Banker — Jodi Richard, chief operational risk officer, US Bank
Emilia David profiles US Bank's chief operational risk officer Jodi Richard and looks at how the bank tackles op risk and the extent to which its risk disciplines are integrated into the business.
OCC Sued Over Fintech Firm Bank Charter Plan
The Conference of State Bank Supervisors claim the OCC has gone beyond its legal authority to determine what defines a bank.