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Caroline Liesegang

EU looks set for significant Basel III deviations

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. 

Michael Hsu

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. 

Verena Ross

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? 

Wim Mijs

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.

Marshall Choy

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

Euro notes

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

US Fed building

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.

GET - WhatsApp

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.