A new ruling in the US could reverse the torrent of money moving from active to passive funds.
A lost world of clients whose accounts are closed without explanation reveals the cruelty of automated compliance.
Law firms and banks must devise new advisory models to reduce costs, improve compliance.
But Mark Carney suggests body will investigate ‘unintended consequences’ of regulation.
Framework due to be published before July’s G20 Summit.
Guidance suggests identifiers could be compatible with other types of transaction.
BCBS survey also finds Group 1 banks’ more than halved their Tier 1 capital shortfall.
Activities including natural resources trade included in definition of ‘economic support’ to terrorists.
Group of regulators says strict implementation would reduce ability to hedge, damage liquidity.
Copyright © 2016 inAsia Media Ltd.