While European banks have a little more time to get their deforestation affairs in order, the wind is blowing towards requirement rather than suggestion.
Western Europe
Latest articles from Western Europe

UK regulators ask how big tech could transform financial services
December 12, 2022Amid a hastening surge of big tech firms into the financial services space, the question of regulatory reform is becoming ever more critical.

Reductions in force: what employers must consider
November 24, 2022Layoffs are rising as an economic downturn looms. Employers must take care if they are to make their own redundancies.

Spain’s banks prepare for an uncertain future
November 9, 2022The Spanish banking sector is facing a number of headwinds, including inflationary pressure, a proposed government windfall tax and macroeconomic uncertainties, but market analysts are generally optimistic about the banks’ future profitability.

EU-wide instant payments proposal welcomed despite security challenges
November 4, 2022The European Commission has suggested a new regulation requiring banks and payment services providers to offer instant payments across the EU.

ESMA announces sustainability and tech-focused strategy
November 3, 2022The EU regulator’s plans show a commitment to quell greenwashing and make use of data in order to maintain strict oversight of the bloc.

Bank of England given dire warning on climate risk
October 31, 2022An open letter addressed to the UK’s central bank offers a warning on – and solution to – the “finance-climate doom loop” threatening economic stability.

Islamic banks struggle to gain ground in the UK
October 24, 2022Can a focus on digital and a fresh emphasis on ethical finance revitalise the UK's Islamic finance industry?

Wholesale firms prepare for the FCA’s new Consumer Duty
October 18, 2022The Financial Conduct Authority expects the Consumer Duty to lead to a major shift in financial services. Wholesale firms will need to ensure they are ready to implement the changes required to comply.

EU renews commitment to green energy as business calls for stabilising regulation
October 17, 2022Summit delegates in Brussels heard the EU is resolved on clean energy, while speakers discussed how business needs clarity as it drives ahead with climate finance.