Singapore central bank dedicating departments to aml and enforcement

Singapore is yet another country to recognize the need for stronger AML efforts; as money laundering continues to disrupt the global economy and AML regulations continue to increase, companies worldwide need to address their own AML efforts and policies as well. Singapore is strengthening its anti-money laundering (AML) prevention and

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REUTERS/Tim Chong REUTERS/Tim Chong

Why new RMB indices can make a difference

A new series of renminbi (RMB) indices has been launched by Thomson Reuters and the Hong Kong Exchange (HKEX). We asked a group of experts what the RXY indices will mean for the industry. The new index series will provide global market participants with benchmarks that reflect the development of the RMB’s effective

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Photographer: Bobby Yip Photographer: Bobby Yip

Home improvement company to pay $8.6 million in EEOC settlement

The importance of ADA compliance is highlighted by the EEOC’s settlement of a major employment discrimination suit. A nationwide hardware and home improvement chain will pay US$8.6 million to settle an employment discrimination suit. The settlement ends an action taken by the U.S. Equal Employment Opportunities Commission (EEOC) against the

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REUTERS/Carlos Barria REUTERS/Carlos Barria

How to manage data for regulatory success

Navigating the sea of regulatory change is a complex task. Strategic data management can simplify the process, so why are many buy-side institutions reluctant? The zero-tolerance approach of regulators since the financial crisis means institutions are having to master complicated data requirements with no room for error. For the buy-side community,

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Photographer: Peter Macdiarmid Photographer: Peter Macdiarmid

How will Brexit impact MiFID II?

As financial markets come to terms with the seismic outcome of the UK referendum, what will Brexit mean for the Markets in Financial Instruments Directive (MiFID)? MiFID II is the cornerstone of the European Union‘s (EU) regulation for financial markets. Register free now —Thomson Reuters MiFID & Best Execution Webinar, July 14,

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Photographer: Stoyan Nenov Photographer: Stoyan Nenov

U.S. DOJ offers two companies significant mitigation credit for self-disclosure

The DOJ’s recent prosecution declinations show the Department’s dedication to offering mitigation credit under its FCPA Pilot Program. Companies should note how beneficial it can be to self-report, cooperate, and maintain effective compliance programs. The U.S. Department of Justice (DOJ) announced in June that it had offered mitigation credit to

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REUTERS/Thomas Peter REUTERS/Thomas Peter

FX Exchange: how is the industry tackling post-trade risk?

The post-trade space in foreign exchange (FX) is going through a renaissance of sorts, much of it driven by industry-led initiatives rather than regulation. Read the full article in Thomson Reuters FX Exchange 2016 The FX industry has long recognized settlement risk as one of its most significant threats. But

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Photograpger: Brian Snyder Photograpger: Brian Snyder

Why Serbia’s crop success goes against the grain

Serbia’s farmers are producing enough corn to earn a place as a top ten exporter. Thomson Reuters has visited this lesser-known grain market, where the weather is not the only challenge. With its fertile soils and strict laws banning genetically modified crops, the Serbian grain market has become one to

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Photographer: Darren Hauck Photographer: Darren Hauck

Does corporate leadership matter in tackling modern slavery?

Directors and board members have oversight for tackling modern slavery. But due to many pressures where is this on the boardroom agenda? Take part in a new survey by the Ethical Trading Initiative and Hult International Business School to benchmark corporate leadership attitudes to modern slavery The UK Modern Slavery

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Photographer: Phil Noble Photographer: Phil Noble