The Office of the Comptroller of the Currency has published a consultation asking for views on consolidation principles
New questions are being asked after Lloyds and Santander UK were accused of allowing Iranian front companies to evade Western sanctions
The government has implemented changes to regulate non-bank payment service providers and the banking sector
The expansion of central clearing for the US Treasury market is seismic, and the change complex
The government is pushing to boost competitiveness, but months later, progress remains limited
Updated guidance in the US will allow easier designation of non-bank financial institutions as systemically important. Will other jurisdictions follow?
Open banking users are expected to exceed 100 million in 2024, but the market relies on trust building, experts say
Companies facilitating more than five million transactions a year — including Apple, Google and Venmo — would be in scope
Both Australia and EU countries are closely watching developments of the PSR’s forthcoming reimbursement regulation
The European Commission’s latest roundtable on T+1 urges decision makers to move from talk to action
City heavyweights cannot make up their mind over speeding up trade settlement.
What is the relevance of bank regulatory requirements, enforcement and political biases?
The creation of the Anti-Money Laundering Authority represents a significant step in policy.
The reforms improve access to capital markets for small and medium-sized companies and expand investment opportunities.
Basel III and IV have led banks to retreat from ship financing, with alternative capital stepping into the gap.
Higher capital requirements entail costs for US banks, but will not necessarily lead to lower lending.
Considered an unwelcoming environment for cryptocurrencies, the US enters the fray in allowing bitcoin exchange-traded funds.
Norton Rose Fulbright set out their predictions for the syndicated loan market in 2024.
The overhaul of the tax system will likely translate into increased growth. Meanwhile, financial institutions will have to readjust to the new regulation which imposes a cap on interest rates for revolving credit card operations.
Industry bodies differ on when and how the EU should roll out T+1 to align with North America.