Topic: Banking regulators

As climate consultations from the OCC and the BCBS drew to an end this week, industry bodies have warned their respective proposals could create a “fragmented” climate risk landscape and funnel too many regulatory resources towards uncertain and disparate climate requirements.

16 February 2022

A US district court has rejected an attempt from three state attorneys-general to overturn the OCC’s valid-when-made rule.

11 February 2022

Australia’s securities regulator has completed one of the final pieces of litigation to come out of the Royal Commission on misconduct.

09 February 2022

Climate. Merger policy. Enforcement. Cybersecurity and AI. Gender and diversity. Fintech, crypto and decentralised finance. 2022 is set to see advances from regulators across the world – but what can banks and their advisors expect? GBRR spoke to leading practitioners across the US, Europe, the UK, Russia and the Asia Pacific for their predictions for the year ahead in banking regulation.

07 February 2022

China’s central bank is addressing what it has labelled its “grim” anti-money laundering record , only a few months after amending its AML law.

02 February 2022

Rostin Behnam has named acting CFTC general counsel Rob Schwartz to fill the role permanently, alongside four other new picks for division directors following his Senate confirmation to chair the regulator last month.

26 January 2022

Russia’s central bank has proposed legislation to ban cryptocurrency use in the country, just a day after it bolstered nonbanks’ offerings by allowing them to provide payment services previously restricted to fully-fledged banks.

24 January 2022

French bank Crédit Agricole has become one of the few foreign banks to operate in Australia, receiving a licence that will see the bank expand into lucrative Asian finance.

05 January 2022

Advised by Ashurst, the UK’s central bank has set up the first shariah-compliant liquidity facility outside of the Islamic world.

22 December 2021

The OCC has laid out a draft framework for major banks to address climate risk, with practitioners saying there is concern it is “not tailored to the risks” faced by a particular bank.

20 December 2021