Investment Banking: The arrest of Credit Suisse bosses by the SEC
2. February 2012
Robert Khuzami, Director of the SEC’s Division of Enforcement, U.S. Securities and Exchange Commission explains the latest action against officers of Credit Suisse |
Capital Markets: SAXO AUS accepts new licence conditions, changes status
1. February 2012
When Saxo Bank entered the Australian market in 2004, it did so by providing a trading platform for capital markets brokers. Its primary "white label" broker client was Sonray Capital Markets which subsequently failed. Now, SAXO is to change the way it operates in Australia and has agreed to new conditions on its licence. The case is a lesson to those who faciliate business but do not necessarily conduct business on their own account. |
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Banking: US takes action against personation suspects
1. February 2012
Why use the correct term when a misleading buzzword can do instead. Citing "identity theft" the USA's IRS and DoJ are taking action against more than 100 suspects accused of personation. It's found more than 100 cases in 23 states in one week. Especially interesting was the focus on money services businesses. |
Sanctions: OFAC Update 20120126
30. January 2012
26 January 2012 Additions and changes to OFAC's SDN list. |
Sanctions: OFAC Update 20120123
30. January 2012
23 January 2012 Changes to the Non-Proliferation List |
