Senior personnel in the finance world could soon be held personally responsible for their organisation’s failings and regulatory breaches – but newly proposed regulations could see this extended to non-executive board members.
Things aren’t getting any better for UK banking giant HSBC, which may now have to pay out an extra $1bn in fines following last year’s forex scandal and a string of negative revelations.
Nearly a third of phishing attacks last year focussed on gaining access to payment systems and e-commerce sites, according to a study by security experts Kapersky.
The Maduro administration is to abandon the three-tier foreign exchange structure that critics say is holding back Venezuela’s economic growth.
Whistleblowers, blackmailers, hackers and anyone with a grudge will soon be able to sell confidential information of all kinds through Darkleaks, in return for bitcoin payments.
Cloud technology provider Reval is steeling itself for Japan's rapidly evolving treasury functions with the appointment of experienced consultant and JP Morgan veteran Kent Shibata.
Ex-HSBC chairman Lord Green is stepping down from his role on the board of The City UK following accusations that the bank helped clients evade tax while he was in charge.
