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CFTC Settles Spoofing Charges Against Japan’s Largest Bank

August 16, 2017 by Louis Chunovic

The CFTC has settled its charges against the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) with a relatively small $600,000 penalty. Those charges accused the bank of “engaging in multiple acts of spoofing in a variety of futures contracts on the Chicago Mercantile Exchange and the Chicago Board of Trade, including futures contracts based on United… Read More >>

Filed Under: Data Management, Risk Management, Governance, FinTech Trends, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting Tagged With: Bank of Tokyo-Mitsubishi UFJ, BTMU, CFTC, Chicago Board of Trade, Chicago Mercantile Exchange, penalty, spoofing

BTMU Holland Picks Wolters Kluwer’s OneSumX

May 26, 2015 by Louis Chunovic

Bank of Tokyo-Mitsubishi UFJ (Holland) NV (BTMU Holland), the Japanese bank’s Netherlands subsidiary, has signed with Wolters Kluwer Financial Services (WKFS) to use its OneSumX solution, officials say. BTMU Holland will employ OneSumX to manage both its liquidity risk and its credit risk, WKFS officials say in a statement, adding that BTMU Holland has “specifically… Read More >>

Filed Under: General Interest, Industry News Tagged With: Bank of Tokyo-Mitsubishi UFJ, credit risk, liquidity risk, Wolters Kluwer Financial Services

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