News

The IIF and EY’s latest survey of banks’ chief risk officers has seen over half name cybersecurity as their biggest concern for 2023 – but shows a marked drop in concerns over climate and financial risk.

12 January 2023

As the UK’s prudential regulator publishes supervisory priorities with an “unprecedented focus” on the banks’ technological side, practitioners tell GBRR that banks might be faced with challenges in keeping up with the scale and pace of change.

12 January 2023

The last year saw regulators and international standard-setting bodies busier than ever before with new proposals and rules for the ESG realm. In the second part of our examination of the year to come in banking regulation, GBRR spoke with practitioners from the UK, US, Singapore, and Hong Kong about how climate-related regulation will further evolve in 2023.

11 January 2023

The Singapore Exchange’s regulatory body has banned one of Asia’s largest brokerage firms for internal control failures related to business conduct and anti-money laundering requirements.

11 January 2023

Indonesia’s financial regulator has issued banks with a new cybersecurity framework amid increasing attacks on the country’s financial system – but practitioners warn further updates will be necessary to keep pace.

10 January 2023

Practitioners have welcomed revisions to Saudi Arabia’s decade-old prudential rules, calling them better tailored to the risks associated with different business activities.

10 January 2023

How will regulators grapple with crypto in 2023, after one of the rockiest years in the industry’s short history? In the first of three pieces examining what 2023 has in store for banking regulation, GBRR spoke with practitioners from Europe, the United States, Singapore and Hong Kong about the road ahead for crypto.

09 January 2023

The US “banking as a service” fintech BMTX has terminated its second merger attempt with a Seattle-based community business bank, citing prolonged regulatory processes as the cause.

06 January 2023

The crypto exchange Coinbase has reached a US$100 million settlement with New York regulators over “significant failures” in its due diligence and anti-money laundering policies.

06 January 2023

After a year marked by high-profile crypto failures, three US federal regulators kicked off the new year with a “shot across the bow” warning to banks against the risks associated with crypto-assets – their first ever unified statement on the subject.

05 January 2023