Regulation

UK Regulators crucify UK Banks

In case you missed it, there have been THREE substantial and major regulatory changes announced in the last two days: More Competition in Banking More Competition in Payments More Capital in Reserve These announcements precede the introduction of the new regulators as the Financial Services Authority (FSA) will be replaced by the Financial Conduct Authority…

UK Regulators crucify UK Banks

In case you missed it, there have been THREE substantial and major regulatory changes announced in the last two days: More Competition in Banking More Competition in Payments More Capital in Reserve These announcements precede the introduction of the new regulators as the Financial Services Authority (FSA) will be replaced by the Financial Conduct Authority…

Over half of corporates have no SEPA idea

It’s interesting that we’re now less than a year away from SEPA’s end date for the Eurozone and so people are saying to me that SEPA doesn’t matter so much as a discussion point anymore. This is because the banks have got it nailed. Really? What about the corporate customers of the banks? They also…

Over half of corporates have no SEPA idea

It’s interesting that we’re now less than a year away from SEPA’s end date for the Eurozone and so people are saying to me that SEPA doesn’t matter so much as a discussion point anymore. This is because the banks have got it nailed. Really? What about the corporate customers of the banks? They also…

SEPA Infographic

I just got this infographic on SEPA from Misys and thought it worth sharing (doubleclick for larger version).  Nice!

SEPA Infographic_FINAL

SEPA Infographic

I just got this infographic on SEPA from Misys and thought it worth sharing (doubleclick for larger version).  Nice!

SEPA Infographic_FINAL

UK Banking Reform Bill: George Osborne’s speech in full

UK Chancellor George Osborne gave a speech yesterday on banking reform in Britain.  Widely quoted extracts from the speech have been posted in today's news headlines but, for those who like to make their own mind up, it's worth reading the whole speech in full.  So, here it is: Thank you for welcoming me to…

UK Banking Reform Bill: George Osborne’s speech in full

UK Chancellor George Osborne gave a speech yesterday on banking reform in Britain.  Widely quoted extracts from the speech have been posted in today's news headlines but, for those who like to make their own mind up, it's worth reading the whole speech in full.  So, here it is: Thank you for welcoming me to…

Banks only survive because of regulations

We recently celebrated the two hundredth birthday of Charles Darwin.  Darwin, the man who broke through the prejudiced views of the religious world of the Victorian era by being brave enough to say we were descended from apes and not created by God. That is a debate that still rages even today, and it is clear…

Darwin

Regulators are cutting their nose off to spite their face

In another conversation, I gained a new dimension as to how the regulatory and governmental influence is changing a bank’s outlook. I was talking with a very senior manager in a bank.  This person heads up risk, audit and compliance.  He is a member of the bank’s executive board.  A heavy hitting player. He had…

Voldemort