Jackson, Wright and Dokuchaeva

MLRO’s have key role to play in protecting banks from money laundering risks

Money laundering is a growing threat to financial institutions potentially placing them in the cross hairs for large regulatory fines, which is putting a greater emphasis on the role of the MLRO 


More banks rethinking their businesses in the face of climate change pressures

The clamour to address climate change is forcing banks to rethink their lending policies and to ponder new ways of assessing risk as they face growing pressure from regulators to go green. By Victor Smart.

Mark Steadman

First phase of SFTR reporting obligations likely to face some disruption

The newness of the SFTR framework for some market participants could see them caught out by its complexity when the first phase of the reporting obligations goes live in April next year 

Joshua Roberts

Libor may yet have life beyond 2021

The industry has done a great deal of work towards shifting financial instruments from referencing Libor towards using alternative rates. But such is the scale of the task, many industry sources doubt that the transition will be complete by the end of 2021

Bank of servers

The cloud’s systemic implications worry financial regulators

The big cloud firms are rapidly emerging as key infrastructure providers to banks raising questions over whether they should be supervised similarly to clearing houses, for example

Kay Swinburne

Resolving Brexit could help tackle global regulatory fragmentation

Resolving Brexit could be the big breakthrough, which heals regulatory fragmentation, according to one former MEP.  The problem is that the Brexit process will drag on for years and remain deeply fractious. 

Karen Cox

Australia’s relatively conservative bank reforms already facing some resistance

Australia’s recent banking scandals, very much rooted in conduct issues, triggered a series of fairly conservative regulatory reforms, but even these are facing some industry push back

Debrah Young

Australian banking scandal gives regtech a big boost

Australia’s recent spate of banking scandals has given its regtech sector a major boost as banks rush to find solutions that will ensure they treat their customers better in the future

FCA entrance

BSB publishes final guidance to support UK conduct rules

The Banking Standards Board has finalised it fourth item of guidance, which deals with regulatory references, where it was decided to stick with three high level principles to help firms with compliance  

Quarles hopes stress capital buffer to be ready for 2020

In a speech, US Federal Reserve Board vice chair Randal Quarles said he hoped that come the 2020 stress tests, the stress capital buffer (SCB) framework would be in place with some tweaks following consultations.