Regulatory Compliance for Financial Institutions – Industry News

  BNP Paribas hires ex-U.S.Treasury official for compliance job BNP Paribas has hired a former top official at the U.S. Treasury Department’s sanctions office, people familiar with the matter said, part of the French bank’s effort to build up its compliance department after its record settlement over sanctions violations. Sean Thornton, a former chief counsel…

Derivatives Reform – Industry News

CSA seek comment on derivatives Model Rule for customer clearing and protection of customer collateral and positions /Canada NewsWire, Toronto, Jan. 16, 2014/ –  The Canadian Securities Administrators (CSA) today published for comment CSA Staff Notice 91-304 Model Provincial Rule Derivatives: Customer Clearing and Protection of Customer Collateral and Positions, (Model Rule). The Model Rule is…