Four major French banks and a foreign bank were targeted by simultaneous searches related to the so-called “Cum-Ex” tax scandal.
March 30, 2023Nine banks and three central banks participated in testing Swift's API-based CBDC connector across two blockchain networks and fiat-based payment systems.
March 10, 2023USD/CNH options have become one of the most traded pairs in the OTC market. The new listed contracts will offer a centrally cleared alternative.
March 7, 2023BNP Paribas is being taken to court over its alleged failure to comply with France's duty of vigilance law regarding climate change.
February 27, 2023French and German regulators will give banks 18 extra months to find new ways to settle India trades, following ESMA decision to de-recognise Indian CCPs.
February 22, 2023The investment will go towards the development of a global carbon credit transaction network that will launch later this year.
February 9, 2023The issue marks the first ever digital bond denominated in GBP, as well as the first public issuance on Orion, HSBC's new tokenisation platform.
February 2, 2023The investigation also involves searches of private residences, focusing on 58 suspects who were or are professionally active for the bank.
January 27, 2023Credit Suisse's resolution plan had two deficiencies relating to its cash flow forecasting capabilities and governance for its US operations. BNP Paribas had one shortcoming.
December 20, 2022HSBC has updated its oil and gas policy, which includes a commitment to no longer finance new oil and gas fields.
December 15, 2022