Despite objections from Germany, there will be greater powers to monitor testing and fine companies in the wake of the VW scandal.
The guidelines for best practice in the global foreign exchange markets attempts to rebuild trust after several of the big banks were fined for abuses.
The General Data Protection Regulation (GDPR) will be enacted on May 25 2018 and promises to revolutionise the way that firms collect, store, process and protect the personal information of customers, clients and employees.
Today sees the publication of set of global principles of good practice in the foreign exchange market.
The new rules aim to prevent companies overpaying tax and to increase the competitiveness of the eurozone.
The proposed new tax, announced two weeks ago in the federal budget, is due to be introduced on July 1 and will raise A$6.2bn for the government over the next four years.
The European plane marker has set up a new compliance review group, with outsiders leading the review of its internal processes.
Sometimes, bank relationships simply don’t work anymore. However, changing banks is rarely straightforward - from rejected KYC documentation to technical hitches, the potential hurdles are significant. This article outlines how detailed preparation, messaging standards and a strong moral compass can help the switch go smoothly.
Research shows that 52% of financial services chief information security officers are focusing on compliance with the upcoming General Data Protection Regulation as an investment priority for the upcoming year.
The latest regulatory summit held in Singapore earlier this month heard that the impact on new rules introduced in other regions of the world will extend to firms in Asia Pacific.