The Government of New Zealand has passed a law that requires financial institutions to disclose and subsequently act on climate-related risks and opportunities. The island nation is said to be…
China has released a list of domestic lenders, which will be required to follow tighter…
The Hong Kong Monetary Authority (HKMA) has reportedly sought reports from banks on their exposure to troubled China Evergrande Group.…
The central bank of China has declared that all crypto transactions and services are illegal, widening its ban on virtual…
Wells Fargo has received a civil money penalty from a US banking regulator, which issued a fine of $250m and…
The Hong Kong Monetary Authority (HKMA) is urging banks and all authorised institutions (AIs) to 'introduce additional effective measures to…
The Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) say they’ll make sure that cash, and the infrastructure that supports it, remains available for those who need it. Mohamed…
Fire and rehire is in the news and on the rise. While more associated with high street retailers, the practice has been used increasingly by employers across multiple industry verticals…
UK-based fintech startup Kroo has secured a restricted banking licence from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). The development follows the firm’s £17.7m Series A…
Horizon Bank has secured regulatory green light to advance with the acquisition of 14 The Huntington National Bank branches. The deal was approved by Federal Deposit Insurance Corporation. Horizon Bancorp,…
The US Federal Reserve, the central bank of the country, has announced new individual capital requirements for large banks. The new requirements will become effective on 1 October 2021. The…
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