Finance and regulation experts are startled at how much the EU is deviating from Basel guidelines in its latest banking reforms, raising fears of non-compliance with international banking standards.
Subjects
Big talk on big banks from the OCC
The Office of the Comptroller of the Currency is hinting strongly that it wishes to break up the biggest US banks yet, for now, is still readily approving meaty bank mergers.
Regulators consider voluntary carbon market involvement
Regulators are considering the extent to which they should be intervening to ensure voluntary carbon markets are functioning effectively. Is the industry best placed to police itself or is formal action needed by supervisors?
To fuel sustainable growth in Europe, we must rethink the banking regulatory framework
A review of the current capital requirements and supervisory processes for EU banks could provide capacity for around €4tn in additional bank lending to finance the green and digital transitions, and strengthen the competitiveness of the EU economy.
How AI can help banks minimise their exposure to fines and penalties
AI is transforming risk management across all areas of financial services, demonstrating measurable risk impacts in credit, portfolio, market, fraud and underwriting.
ASIC launches greenwashing legal case against pension fund Mercer
The court action is the first time the regulator has brought legal action for alleged greenwashing
Basel III capital ratios for largest global banks fall to pre-pandemic levels
Ratios fell from their H2 2021 record highs to pre-pandemic levels in the latest Basel Committee on Banking Supervision Basel III Monitoring Report
Fed releases 2023 stress test scenarios
The Federal Reserve released its scenarios on February 9 for its annual stress testing exercise, including a new exploratory market shock test for some banks.
WhatsApp fines: is the regulatory net widening?
US broker-dealers were under the spotlight last year for electronic communications record-keeping failures, but they are not the only firms facing regulatory probes.
FINMA tells banks to establish frameworks for managing climate risk
Banks and insurers operating in Switzerland are expected to establish frameworks for managing climate risk based on established practices and relevant to their individual businesses.
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