Reporting and GovernanceRSS

PRA doubles down on financial operational resilience

As the deadline for UK financial firms to implement full operational resilience measures looms, a director at the Prudential Regulation Authority (PRA) indicated that the regulator is going to get tougher on compliance  

FINMA consults on complete revision to its operational risk requirements

The Swiss authorities are consulting on a complete revision to their circular 2008/21 covering operational risks for banks with a particularly strong emphasis on IT, the handling critical data and cyber risks.

Peter Beardshaw

How regulation can help clear the fog of ESG ratings

Businesses’ ESG risks, impacts and performance play an increasingly central role in banks’ and investors’ decision-making.

James Busby

How new UK national security laws could influence bank lending

It will take several months for a clear picture to emerge as to how the behaviours and practices of participants in the M&A market have changed in the wake of the National Security and Investment Act 2021 coming into force on January 4, 2022.

Mark Somers

Assessing the credit capacity of small businesses based on climate change factors

Climate change represents a material, but often hidden risk, to the business models of many Small and Medium-sized Enterprises (SMEs). At the same time, these organisations are critical to achieving the UK's carbon targets. 

ESG globe

Consultations are a chance to drive common ESG standards

A series of consultations by the EU, US and the new International Sustainability Standards Board are an opportunity to drive greater harmonisation in ESG standards, according to financial firms and regulators.

Do Kwon

Stablecoin contagion fears likely to spur regulatory clean-up

Signs of contagion among stablecoins are likely to prompt a rapid clean-up of the industry by regulators concerned that problems in the sector could infect traditional financial markets.  

UK-listed companies will have to explain lack of senior management diversity

Companies listed in the UK will have to disclose the diversity of their boards and executive committees, according to finalised rules published by the Financial Conduct Authority (FCA) on April 20.

UK Treasury launches transition plan taskforce to drive corporate sustainability

A UK Transition Plan Taskforce with the aim of creating a pathway for large UK companies to reduce their carbon emissions has been launched by the UK Treasury. 

Boris Ivanov

LME nickel chaos raises tough questions for regulators

The UK’s three financial regulators tasked with investigating what brought the London Metal Exchange to its knees in March will reveal a raft of troubling issues.