The economic crime levy will apply to financial firms, auditors, tax advisers, crypto firms, and other regulated entities.
European regulators have been asked to conduct a one-off climate risk scenario analysis. The ECB separately plans to launch a thematic stress test on cyber resilience.
Existing capability and regime gaps “create uncertainty” over whether financial institutions are adequately capitalised for future climate-related losses, says the Bank of England.
The weaknesses related to a “failure to design and maintain an effective risk assessment process to identify and analyse the risk of material misstatements”.
HSBC expects the deal to be profitable, strengthen its commercial banking franchise, and enhance its ability to serve innovative firms.
Adverse findings under LBMA's incident review process can result in refiners being struck off the Good Delivery List.
The European Commission has asked the ESAs to conduct an analysis of the financial system’s resilience as EU member states decarbonise their economies.
The EBA says competent authorities should take appropriate supervisory measures to ensure banks and investment firms comply with the EU's mandatory diversity policy.
In one new lawsuit, AQR Capital Management and four other hedge funds are claiming almost $100mn in damages.
This is the first time UK regulators have opened an enforcement investigation against an exchange, which observers say could point to serious misconduct or compliance failures.
Loading more posts...
Sorry, no more posts
No more pages to load