Europe

The EDPB says Korea's data protection framework presents "numerous similarities" to Europe's, but certain aspects may require "a closer look and clarification”.

The FCA proposes to permit legacy use of synthetic GBP and JPY LIBOR in all contracts except cleared derivatives for the duration of 2022.

The China-EU common taxonomy for sustainable finance will make it easier for other countries to recognise China’s green financial assets, PBOC officials say.

SIX Digital Exchange is approved to act as a CSD and its associated company SDX Trading to act as a stock exchange.

The probe was launched following complaints that the FIU had not acted on millions of euros of suspect transactions between 2018 and 2020.

The EBA, ESMA and EIOPA warn of increasingly sophisticated cyber-attacks, deteriorating credit quality, and possible exuberance in markets.

Increased scrutiny from US, EU and UK regulators have forced asset managers to review current practices for classifying funds as ESG-focused.

Allianz is facing probes from BaFin, SEC and DOJ, as well as 25 investor lawsuits, over last year's collapse of its Structured Alpha Funds.

European Commission report finds most European banks are failing to highlight, measure and report on their ESG risks.

The former global head of sustainability at DWS alleges that the firm overstated how many assets had been screened against ESG criteria.