The UK has taken a giant step into the unknown, launching Open Banking ahead of its European counterparts. While not all the designated banks were ready on time, the initiative lays the groundwork for a range of new propositions for consumers and businesses. Joy Macknight reports.

Banks and commentators have often been left stumped by the processes used to calculate multi-billion-dollar fines levied by regulators in recent years. Danielle Myles looks at how penalties are determined by different authorities around the world.

The US is gearing up for change in its onerous anti-money laundering, counter-terrorist financing and sanctions regimes – much to the relief of many banks. Jane Monahan reports. 

Banks are under attack from cyber threats coming at them from all directions, but are fighting back with a range of countermeasures, writes Michael Imeson.

The 10th anniversary of the financial crisis recently thrust the Basel Committee on Banking Supervision into the spotlight, but the next 10 years are likely to pose very different challenges for the institution. Justin Pugsley reports.

Chinese regulators have tightened their grip on the banking sector in an effort to control financial risk, the country’s ballooning shadow banking sector and excessive debt load. Which banks stand a better chance of meeting these tougher requirements? Stefania Palma reports.

Steven Maijoor, the chair of the European Securities and Markets Authority, talks to Danielle Myles about preventing a post-Brexit regulatory race to the bottom, overhauling the equivalence regime, and the importance of supervisory convergence in building a capital markets union. 

A US regulatory overhaul has been welcomed by many who believe Dodd-Frank has spawned too many regulations and prevents smaller banks from lending. However, there are concerns that the replacement Financial Choice Act will sweep away many of the safeguards designed to prevent a repeat of the 2008 crisis. Jane Monahan reports.

Sweden’s banks have survived the recent low interest rate environment and remain profitable. But a payroll tax on financial institutions and ongoing regulatory uncertainty threaten to take their toll. Stefanie Linhardt outlines the likely headwinds.