Climate change, cost of living & geopolitics among top points at Davos 2023
Leaders of governments, businesses and NGOs met last week at the World Economic Forum, which was hosted in Switzerland. Topping their concerns were climate change, cost of living and geopolitics.
FCA launches inquiry into financial advisers’ ongoing services
The Financial Conduct Authority (FCA) has initiated a comprehensive survey involving 20 of the largest financial adviser firms.
Are regulatory inefficiencies holding back the UK?
A new report from TheCityUK has found that financial regulatory authorisations at the FCA and the PRA can be slow and inefficient.
How Google’s AI initiative is setting a new standard for digital defense
Google has unveiled its latest venture, the AI Cyber Defense Initiative, poised to harness the power of AI in the realm of cybersecurity.
Will BNPL thrive or fail in high interest, high inflation market?
Buy now, pay later (BNPL) providers have thrived in a low interest and inflation market. As the market shifts the other way, will BNPL be in a fight for survival?
BCA advocates for international benchmarking in climate reporting
The Business Council of Australia (BCA) has underscored the necessity of aligning climate-related financial disclosures closely with international standards. This alignment, according to BCA, is...
Brookfield Reinsurance to acquire Argo Group
Brookfield Reinsurance and Argo Group International Holding have entered into a definitive merger agreement whereby Brookfield Reinsurance will acquire Argo in an all-cash transaction valued at approximately $1.1bn.
Trading Technologies acquires ATEO to broaden post-trade solutions in global markets
Trading Technologies, a global capital markets technology firm, has acquired ATEO SAS, a provider of post-trade solutions for listed derivatives.
Arizona to end investigations into ESG investing practices
Arizona will no longer investigate banks and other financial institutions over ESG investing practices, according to the state’s new Attorney General Kris Mayes.
How new reporting requirements are changing ESG data management
Investors across Europe are currently facing significant challenges in managing ESG data, as highlighted by a recent survey from Bloomberg.