Reporting and GovernanceRSS

ICAEW: investors rely too much on regulatory ratios

The Institute of Chartered Accountants in England and Wales called for tougher auditing of banks as it believes investors put too much faith in regulatory ratios.

PBoC examines fintechs’ effect on financial system

China’s central bank has launched a study into the impact of the booming fintech sector on areas ranging from monetary policy through to financial stability. Justin Pugsley reports

Academics warn over unwinding resolution mechanisms

US professors warn that unwinding resolution mechanisms designed to deal with failing banks quickly will not limit too-big-to-fail or prevent excessive risk taking. Justin Pugsley reports 

Cashless society

A cashless society is no regulatory panacea

The push to create a cashless society has its supporters, but from a regulatory perspective it opens new challenges and does not necessarily address existing ones such as money laundering. By Dan Barnes.

CFTC moves to better protect whistleblowers

Whistleblowers to be better protected from retaliation by their employers thanks to new powers given to the CFTC.

CFTC moves into the fintech age

CFTC looks to become more fintech-friendly as it seeks to digitise its rule book. 

Carney emphasises shift from fines to personal responsibility

Regulators should concentrate more on influencing bank cultures rather than just handing out fines.

New China regulatory boss unleashes avalanche of directives

Only a few months into the job and Guo Shuqing, the chairman of the China Banking Regulatory Commission, has hurled a barrage of directives at the financial sector in a bid to curtail risks.

Andrew Brown

Regulators scramble towards smart financial centres

Sandboxes and hackathons are not just an opportunity for regulators to foster smart financial centres, but are also a chance for them to keep pace with the development curve. By Justin Pugsley.

Anti-money laundering

Opbas: Ending money laundering, or just more red tape?

The UK’s fight against money laundering and terrorism finance has prompted the government to set up a new body. However, this raises questions over whether it will have any real impact or just be another source of red tape for firms. By Sam Millar and Alessio Marchetti at DLA Piper.

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