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US regulators scrap climate risk guidance for banks
US federal banking regulators have announced the withdrawal of the Principles for Climate-Related Financial Risk Management for Large Financial Institutions, ending the short-lived guidance...
HKMA consults lenders as scam cases surge in Hong Kong
Hong Kong’s banking regulator has launched a consultation with lenders to establish a framework that sets out who should bear the cost when customers...
Basel issues voluntary climate risk disclosure rules
The Basel Committee on Banking Supervision has released a new framework designed to support banks in disclosing climate-related financial risks, as the sector continues...
EBA pushes for proportionality in ESG and shadow banking transparency
The European Banking Authority (EBA) has launched a public consultation on proposed amendments to disclosure requirements under the Capital Requirements Regulation (CRR3), aiming to reduce reporting complexity and align sustainability obligations with the European Commission’s broader goal to simplify ESG reporting.
Cable secures $11m for financial crime control automation
Cable, the purveyor of an integrated platform for effectiveness testing in financial crime control, has amassed $11m in a Series A funding round.
