Archive for July, 2007

Real-Time Infrastructure: DataSynapse picked up as sample vendor

DataSynapse, the provider of application virtualisation software, announced to have been listed by the Gartner as a sample vendor for the real-time infrastructure (RTI) market in its recent “Hype Cycle for IT Operations Management, 2007″ report.

Continue Reading Add comment July 30th, 2007

Expansion of mortgage reporting: AFSA cautions US government

The American Financial Services Association (AFSA) has cautioned the US government against expansion of reporting requirements under the Home Mortgage Disclosure Act (HMDA) saying it can do more harm than good to the industry.

Continue Reading Add comment July 30th, 2007

BBA welcomes statutory risk based approach on money-laundering regulation

The British Bankers’ Association (BBA) has welcomed the decision by the Treasury to adopt a statutory risk-based approach to the regulation of money laundering.

Continue Reading Add comment July 30th, 2007

US EX-IM bank backs sale of oil drilling technology to Nigeria

The Export-Import Bank of the United States (Ex-Im Bank) has authorized a $13.1 million loan guarantee to support the sale by Halliburton Energy Services, Houston, Tex., the oil well measurement technology, equipment and services to Drillog Petro-Dynamics Ltd.

Continue Reading Add comment July 30th, 2007

Market Abuse Directive: CESR publishes new work programme

The Committee on European Securities Regulators (CESR) has published its second work programme for further work in the area of the Market Abuse Directive. First set was published in May 2005.

Continue Reading Add comment July 30th, 2007

UAE Central Bank & FCB in cooperation on anti-money laundering

The Central Bank of the United Arab Emirates (UAE) has signed a Memorandum of Understanding with the French authorities to enhance co-operation in Anti-Money Laundering (AML) and Combating of Terrorist Financing (CFT).

Continue Reading Add comment July 19th, 2007

Airspan wins Guyana’s ‘Next Generation Broadband Wireless Access Network’ contract

Airspan Networks Inc., a NSADAQ listed WiMAX and Wi-Fi based broadband wireless access networks, has won a US $ 4.5 million contract to upgrade its Broadband Wireless Access network in Guyana.

Continue Reading Add comment July 19th, 2007

EIB public consultation report to be ready by end of year

The European Investment Bank expected approval of the draft policy and draft Public Consultation Report on its Anti-Fraud Policy by its Management Committee by end of this year. The final draft policy and report will be published three weeks prior to consideration by the EIB Board of Directors.

Continue Reading Add comment July 19th, 2007

ECB will have new office by 2011

New premises for the European Central Bank (ECB) would be ready before 2011, to be located on site of the former wholesale market in the eastern part of Frankfurt.

Continue Reading Add comment July 19th, 2007

US regulatory agencies’ new statement on adjustable-rate mortgage

The US federal financial regulatory agencies have issued final statement on subprime mortgage lending to address issues relating to certain adjustable-rate mortgage (ARM) products that can cause payment shock.

Continue Reading Add comment July 19th, 2007

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