Reporting and GovernanceRSS

SEC consults over ESG funds

The US Securities and Exchange Commission (SEC) is consulting on what defines environmental, social and governance (ESG) investing to ensure investors are not being misled by false advertising claims.

Margarete McGrath

Firms must boost operational resilience in the face of growing cyberthreats

Building strong and adaptive businesses during rapid and unpredictable technological and economic change is an essential objective, one made more urgent by the growing threats in cyberspace. 

Data risk

EBA identifies four pillars in its big data guidance

In a bid to increase competitiveness, banks are racing to make better use of big data, which is prompting supervisors to take greater interest in the potential risks related technologies might produce.

CECL to have limited impact on US banks

The large listed US banks will see a limited impact on their loan loss reserves from the new Current Expected Credit Losses (CECL) accounting standard, according to an analysis of banks' third quarter 2019 preliminary estimates by Moody's Investors Service.

Guy Warren

Why some challenger banks have failed on operational resilience

Challenger banks were once widely seen as having an edge on traditional banks as they enjoyed the latest technologies. But to some extent those views are being revised following a spate of operational failures by this new breed of bank 

Rupert Brown

Regulatory breaches: making the case for the defence

The ever growing volumes of regulation means there are more ways than ever for firms to get caught out. One way to mitigate the fall out from regulatory breaches is to carefully document how firms make their decisions

Malcolm Wright

EU steps up AML fight with 5AMLD

Technology and developments such as crypto-currencies have given money launderers a wide array of tools to conduct their criminal activities. The EU’s 5AML is an attempt to get on top of some of these developments, but will have significant consequences

David Strachan

ESG and climate change will continue rising up the regulatory agenda

Regulatory emphasis on ESG and climate change issues is set to keep increasing this year making it an area banks will need to pay close attention to 

ESMA consults on equity trading transparency regime

A consultation has been launched on the transparency regime for equity, exchange traded funds (ETFs) and other related instruments in the markets in financial instruments regulation (MiFIR) by the the European Securities and Markets Authority (ESMA).

Pound spike to be investigated by UK’s FCA

An upward spike in the pound, which happened just seconds before the Bank of England (BoE) announced UK interest rates as unchanged, is being investigated by the Financial Conduct Authority (FCA) at the central bank’s request.