The cost-of-living crisis: Considerations for financial services firms
Harry Hughes of The Lending Standards Board, discusses how banks and FS firms can help customers navigate the cost-of-living crisis
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SBI, ICICI, others defrauded in India’s largest bank fraud case
India’s Central Bureau of Investigation (CBI) has booked ABG Shipyard and others for allegedly committing a fraud of $3.02bn with…
How voluntary standards can de-risk the booming alternative lending market
All lenders including the growing alternative finance sector need to work towards best practice frameworks argues Emma Lovell
Philippine financial regulators sign accord to ease bank consolidations
The financial regulators in the Philippines have signed an agreement to streamline bank merger, consolidation, and acquisition (MCA) processes. The…
China mulls rules to prevent personal data misuse in fintech space
China is planning to strengthen regulations to prevent the misuse and unauthorised personal data collection in the fintech space. At…
BoE mulls capital buffer adjustments for banks to address climate risks
The Bank of England (BoE) is considering making changes to capital buffer requirements for banks to cover climate change-related risks.…
UK to reduce surcharge on banking profits from April 2023
UK Finance Ministry has announced that surcharge on banking profits will be reduced from April 2023. This announcement comes as…
New Zealand passes law requiring banks to disclose climate-related risks
The Government of New Zealand has passed a law that requires financial institutions to disclose and subsequently act on climate-related…