The Consumer Financial Protection Bureau is introducing a new rule to end skyrocketing fees for late credit card payments
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UK could have second-mover advantage in crypto asset regulation, say legal experts
March 8, 2024Companies urged to adopt best practice ahead of final rules
Gender bond framework launched by UN Women and African development agency
March 8, 2024New guidelines aim to boost capital markets funding and improve gender equity in Africa
World
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UK women in banking and finance paid 9.3% less than men, says report
March 8, 2024The lifting of the UK bankers’ bonus cap risks worsening the gender pay gap
World
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Industry urges caution as Nationwide announces Virgin Money acquisition
March 7, 2024Surprise acquisition in UK retail banking may signal more consolidation to come
SEC adopts landmark — but weakened — climate disclosure rules
March 7, 2024Regulatory confusion awaits banks also subject to international rules
Troubled NYCB secures $1bn rescue; Nationwide proposes to acquire Virgin Money for £2.9bn
March 7, 2024Plus: ‘Basel III endgame’ rules to undergo revision; and Fed rate cuts to impact Asean bank earnings
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Spring Budget reactions: ‘There is great concern about access to banking services’
March 7, 2024More money for green industries, but little relief for SMEs and the poorest in UK chancellor Jeremy Hunt’s plans
World
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Jeremy Hunt sets ESG ratings rules in UK Spring Budget
March 7, 2024The plans include regulation of ESG rating providers, more than £1bn for its latest ‘contracts for difference’ auction round, and fuel duty cuts
Settlement fines come into focus as T+1 deadline looms
March 7, 2024Concerns about a shorter settlement cycle are nothing new but new research estimates the size of the problem
