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EU Toughens Anti-Money Laundering Rules - 18 December 2014

An agreement reached by the European Commission (EC), European parliament and European Union (EU) member states paves the way for a tougher anti-money laundering regime
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Survey Calculates Cost of Sleep-deprived Employees - 18 December 2014

One in every five workers is sleep deprived and those who sleep poorly are 54% more likely to experience stress in their job, a report by Australian group Global Corporate Challenge (GCC) claims ...

UK Spending Cuts Put Spotlight on Procurement Policies - 17 December 2014

The UK’s public sector organisations must make radical changes to procurement processes, supplier contract management and spend analysis to meet new efficiency savings targets, says business applications and services provider Advanced Business Solutions ...

Alstom Nears US$700m Settlement in Bribery Case - 17 December 2014

French engineering group Alstom has agreed to pay US$700m to settle corruption charges brought by US prosecutors relating to alleged bribes paid in Indonesia and other countries, according to reports ...

ESMA Calls on Ratings Agencies to Sharpen Up - 17 December 2014

The European Securities and Markets Authority (ESMA) has issued its verdict on the way that credit rating agencies (CRA) conduct surveillance of their structured finance credit ratings ...

Investors Bullish on Global Economic Outlook - 16 December 2014

Global investors are keeping faith with equities while raising cash as markets enter the volatile year-end period, according to the Bank of America Merrill Lynch (BofA Merrill) Fund Manager Survey for December ...

Regional Payments Projects: Five Basics of Success - 16 December 2014

The wide range of regional payments projects and the factors behind successful integration is the focus of a working paper produced by Dr. Leo Lipis and Colin Adams for the SWIFT Institute ...

‘Don’t Panic’ Call as Rouble Tumbles - 16 December 2014

The rapid depreciation of the Russian rouble (RUB) will be a cause for panic among European businesses with operations in Russian but they should stay calm, says Philippe Gelis, CEO and co-founder of Kantox ...

Barclays Sues over Failed Hotels Group - 15 December 2014

Barclays is suing accountancy firm Grant Thornton for declaring that the chain Von Essen Hotels was in good financial health, just months before the company went into administration in April 2011 ...

CSFI Offers Blueprint for Better Professional Standards in Banking - 15 December 2014

Professional bodies can lead the banking industry’s efforts to reclaim professional standards - but only if they have greater employer recognition and credible teeth, according to a report from the Centre for the Study of Financial Innovation ...