Change to total loss-absorbing capacity requirements will significantly reduce capital needed for compliance

Under new proposals, bank transfers could be delayed for an additional 72 hours in cases of suspected fraud

Policy commitments not effectively translated into concrete actions

Banks indicate governance concerns and a desire to go it alone, but NGOs say they are ‘backpedalling’

UK Treasury committee report reveals culture to blame for lack of improvement

Announcement comes ahead of the bank’s AGM, where its renewables to fossil fuel financing ratio will be scrutinised

The country’s economy lags behind as other emerging Asian nations surge ahead

The country’s backers hope it will let its currency float freely and scale back spending on bloated projects

The Consumer Financial Protection Bureau is introducing a new rule to end skyrocketing fees for late credit card payments

Companies urged to adopt best practice ahead of final rules