The Basel Committee on Banking Supervision has issued a consultation paper entitled ‘Management and Supervision of Cross-Border Electronic Banking Activities’. The purpose of this paper is to further the Basel Committee’s dialogue with the banking industry and supervisory community on the risk management and supervision of cross-border e-banking. The paper has two main objectives. The first is to identify banks’ risk management responsibilities with respect to cross-border e-banking. The second objective is to focus attention on the need for effective home country supervision of cross-border e-banking activities, as well as continued international cooperation between banking supervisors regarding such activities.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.