The Treasury’s recently announced changes following its wholesale capital markets review are significant, but not revolutionary — at least not for now.

International banks face numerous challenges in leaving Russia, even after they have made their exit.

Turkey’s banks are coping well with the financial, digital, economic and geopolitical risks confronting them

The financial services industry needs to get to the bottom of what went wrong with Libor and Euribor. Were the right people charged and convicted for the offences that took place?

The SEC has added its support to the move from a T+2 to T+1 settlement cycle in 2024. And while T+0 remains on the table, a wholesale move has been deferred for now. 

The country’s banking sector has shown strength and resilience by offloading problem assets during the pandemic and maintaining improved compliance and regulatory standards.

The introduction of a compliance-related approach to financial crime enforcement, where liability may be triggered by actions far down a supply chain, will likely be applied to ESG concerns too.

What is the likelihood of the UK attracting special purpose acquisition companies following changes to the regulatory rulebook?

While some EU jurisdictions have been under the spotlight for lax money-laundering controls, the problem goes much deeper than the headlines, as Anita Hawser reports.  

European Commission’s proposals to better insulate EU banks from shocks have been met by the industry with concerns.