Governance
September 28, 2023
Banks must prep for FCA anti-greenwashing rule
Compliance teams could face a ‘mountain to climb’, as the rule would take effect immediately
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September 28, 2023
EU supervisors and banking experts at odds on financial stability risks
The EU’s leading supervisors are warning that the bloc’s stumbling economy could threaten financial stability. But banking experts have hit...
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September 27, 2023
Swiss to hold banks liable on sanction violations
Switzerland is overhauling gaps in its anti-money laundering regulations to hold banks liable if they fail to comply with sanctions....
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September 26, 2023
Singapore’s 'dirty money' detectives battle cross-border impasse
Singapore’s attempts to recoup $1.8bn from a money laundering scandal face an uphill battle against Asia Pacific’s fragmented legal system....
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September 25, 2023
Capital buffers are vital, to a point
Despite a limited ability of regulatory capital buffers to prevent future banking failure, US regulators are proposing to increase capital...
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September 22, 2023
Editor's letter: Your weekly news digest
Today the FT reports that the UK has a problem with maths, but is this problem more widespread? Windfall taxes...
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September 20, 2023
NCA bolsters resources as SARs rocket and criticism mounts
The National Crime Agency's newly-launched portal is supposed to improve the processing of suspicious activity reports – but concerns are...
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September 14, 2023
Neobanks’ poor compliance fuels rise in digital fraud
Lax compliance processes at neobanks risk contributing to a rise in digital payments for money laundering, Europol has said. In...
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September 14, 2023
Eight epic fails which brought down First Republic
A US regulator's analysis of why First Republic Bank failed pins the blame on loss of depositor confidence, interest rate...
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September 13, 2023
US clearing rule proposal could amplify multiple risks
Liquidity, cyber and concentration risks could rise under central clearing proposals for treasury and repo trades outlined by the US...
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September 7, 2023
Living wills proposals met with dismay by large US banks
Plans by US regulators to impose “harmful” long-term debt obligations on large banks have come under attack from industry bodies....
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