All posts tagged "Finance"
-
272Big PictureOECD Calls on Financial Sector to Bolster Trust in AI
A new OECD report identifies four determinants of trustworthy AI in the financial sector - transparency, fairness, data governance and accountability.
September 29, 2021 -
271InternationalBCBS Calls on Banking Sector to Enhance Cyber Defences
Remote work arrangements and digital financial services have "enlarged banks' attack surfaces", creating opportunities for malicious actors, the BCBS said.
September 21, 2021 -
191Australia & NZ
Australia Can Do More to Facilitate Sustainable Recovery: OECD
The OECD recommends the creation of a roadmap for improving reporting of climate-related risks by listed companies and financial institutions.
September 16, 2021 -
178Asia-PacificCBSL Governor Steps Down as Sri Lanka Faces FX Crisis
Sri Lanka has imposed import restrictions to limit foreign currency outflows, while also borrowing more internationally to bolster its reserves.
September 13, 2021 -
135Asia-PacificFIs Team Up to Accelerate Coal Plant Closures in APAC
Prudential, Citi, HSBC, and BlackRock are reportedly working on a plan to buy out coal-fired plants and wind them down early.
August 5, 2021 -
135AML / KYCHong Kong Records Drop in Corruption Complaints in 2020: ICAC
Corruption complaints concerning the finance and insurance subsectors registered the highest drop among all subsectors.
July 13, 2021 -
457InternationalCOP Presidency Calls for Ambitious Climate Commitments
Private financial institutions are encouraged to join a net zero alliance, publish transition plans, phase out of coal, and commit to nature-positive finance.
May 17, 2021 -
209Market InfrastructureUS Treasury Unveils Coordinated Climate Policy Strategy
The Treasury Department has created a new Climate Hub and appointed a Climate Counsellor to coordinate and lead efforts to address climate change.
April 21, 2021 -
307ChinaEx-HKEX CEO Charles Li to Launch SME Funding Platform
The former stock exchange CEO Li is looking to address due diligence challenges, high risks and low funding amounts in traditional SME finance methods.
March 17, 2021 -
218Australia & NZAustralia Passes Mandatory Comprehensive Credit Reporting Bill
Banks will have to report expanded information about the credit history of their customers to credit agencies, paving the way for more competition in the lending market.
February 8, 2021
