Regulation & Supervision

sanctions
Analysis, Regulation & Supervision
February 7, 2024

FCA’s fincrime powers under fresh scrutiny after Iran sanctions disclosure

Moody’s red-flagged the shell companies behind Lloyds’ and Santander’s sanctions breach
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trade finance
Opinion, Regulation & Supervision
February 1, 2024

How digitalisation can close the widening trade finance gap

Going digital will unlock untapped potential, both for banks and SMEs
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FCA
News, Regulation & Supervision
January 31, 2024

FCA chief pushes back on proposals to cut supervisory powers

UK watchdog chief addresses MPs ahead of impending decision from Treasury
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central bank losses
Analysis, Regulation & Supervision
January 30, 2024

Could Fed’s billion-dollar losses be politicised?

Billion dollars’ worth of central bank losses are riling up critics and central bankers
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eBay stalking
Analysis, Regulation & Supervision
January 29, 2024

Foetal pigs and funeral wreaths: lessons from the eBay stalking scandal

Online giant slapped with compliance ‘ankle tag’ following intimidation campaign 
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Financial firms to firms
Analysis, Regulation & Supervision
January 22, 2024

China increased fines to financial firms by 2,500% in 2023

Payment providers like Alipay are made a political example of by regulators
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grey list
Analysis, Regulation & Supervision
January 18, 2024

UAE tipped to exit FATF ‘grey list’ in February

It follows state-led campaign to align with AML/CFT global standards
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recordkeeping
Opinion, Regulation & Supervision
January 10, 2024

Will the FCA start fining firms for lax record-keeping in 2024? Probably not

How should the FCA tackle the thorny issue of unapproved comms?
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Opinion, Regulation & Supervision
January 4, 2024

Why sky-high fines have ‘zero impact on a bank’s bottom line’

Overworked compliance teams pay the real penalty, writes David Silverman
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Singapore-Asia Taxonomy
Analysis, Regulation & Supervision
January 4, 2024

MAS launches Singapore-Asia Taxonomy to reduce greenwashing at banks

Classification system provides stricter criteria to govern banks’ financing of carbon-intensive businesses
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Consumer Duty
Analysis, Regulation & Supervision
January 3, 2024

FCA to impose ‘targeted and intrusive’ sanctions on banks that fail to comply with Consumer Duty

Regulator cautions against relying on second line of defence to spot problems
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