UK financial services regulators will publish a Consultation Paper to drive diversity and inclusion improvement in September — and socio-economic status is likely to be at its core.
While reimbursement for APP fraud is generally regarded as a positive step, it is crucial to recognise the profound impacts that go beyond the mere restoration of funds.
Of the 650 fintechs in operation in Mexico, just 46 operate under its 2018 fintech law. Industry experts lament its shortcomings.
US lenders are baulking at regulators’ push to steer them towards international best practice standards by hiking capital requirements.
Risks facing banks whose businesses straddle highly regulated home markets and countries with ill-defined rules and lower transparency standards are growing.
The $7.5tn-a-day global foreign exchange market is once again buffeted by the regulatory shifts elsewhere.
Economic security issues have come to the fore, particularly in eastern Europe, as risks in the fintech space continue to evolve.
Greater diversification proves to be useful in times of crisis.
The Italian windfall tax on banks has raised questions over whether more governments will consider implementing their own levy.
A booming crypto market in Indonesia impacts moves towards transparency and investor protection.
Data lies at the heart of combating fraud in the EU.
As Saudi Arabia begins issuing technical certifications to banks and fintechs, the UAE’s open banking framework remains some way off.
Payments firms have a host of changes to reckon with.
Is the closing of bank accounts discriminatory, or symptomatic of a culture of “over-compliance”?
The Fed’s Basel III endgame could increase banks’ capital for trading by 60%.
The UK’s highest court’s decision is a relief for banks, but their vigilance to customer fraud is still essential.
Recent turmoil has once again returned attention to the central role of banking supervisors in changing banking for good.
With ESG becoming more top of mind, and litigation and regulatory enforcements on the rise, is it any wonder that bank heads of litigation and legal counsel are finding it difficult to sleep at night?
Challenger banks are predicted to outflank traditional banks when the rules come into force at the end of the month.
While China’s banks continue on their growth path, they must adapt to new banking rules and a more challenging economy.