Capital Planning/Stress Testing

AI

Seoul’s financial watchdog targets AI hallucinations

The Financial Security Institute has built a new evaluation system aimed at catching the hazards that come with financial firms deploying artificial intelligence, including...
EBA

EBA data shows EU banks’ climate risk exposure holds steady

The European Banking Authority has released its newest Environmental, Social and Governance risk dashboard, revealing that lenders across the bloc maintained steady transition and...
CFTC

UBS hit with $8m CFTC fine over AML monitoring gaps

UBS Financial Services has been ordered by the Commodity Futures Trading Commission to pay an $8m civil monetary penalty over failures to properly supervise...
AMLA

AMLA finalises standards ahead of direct supervision era

AMLA has published finalised standards governing how it will work with national financial supervisors to select and directly oversee some of the bloc's most...
FCA

FCA trims SM&CR: streamlining or a new culture risk?

The FCA and PRA have confirmed a package of changes to the Senior Managers and Certification Regime (SM&CR), reducing the number of certified persons,...
SRB

Why banks face a 24-hour reckoning under new SRB liquidity rules

The Single Resolution Board's (SRB) consultation on its updated Operational Guidance on Liquidity and Funding in Resolution goes well beyond a tidying-up exercise. It...
euro

Digital euro cleared by EU committee in payments power shift

The European Parliament's Economic and Monetary Affairs Committee has approved the digital euro, a central bank-backed digital currency designed to reduce Europe's dependence on...
EBA

EBA aligns Pillar 3 framework with EU green agenda

The European Banking Authority (EBA), the EU's banking regulatory body, has published final draft Implementing Technical Standards (ITS) that overhaul its Pillar 3 disclosure...
IReF

From IReF roadmap to reality: the clock is ticking

The European Central Bank's publication of its official IReF implementation timeline marks a turning point for the European banking sector. Strategic planning must now...
ECB

Euro area banks face unified reporting overhaul

The European Central Bank (ECB), the central bank of the eurozone and key institution of the European System of Central Banks, has published a...

News Stories

Why EXANTE won't let AI have the final say on QA

Why EXANTE won’t let AI have the final say on QA

EXANTE, an international brokerage platform for trading on global financial markets, has built artificial intelligence directly into its software testing process, using it as...
UAE's gratuity overhaul exposes a data problem, Kidbrooke warns

UAE’s gratuity overhaul exposes a data problem, Kidbrooke warns

The UAE's end-of-service gratuity system is being reshaped, turning a lump sum paid on an employee's exit into money that grows while they are...
Why phased modernisation is the safer bet for WealthTech

Why phased modernisation is the safer bet for WealthTech

Wealth managers are being pushed toward a modernisation reckoning. Instant settlement is becoming the norm just as automation demands stronger data governance, while rules...
Prometeia bets big on Spain's WealthTech shake-up

Prometeia bets big on Spain’s WealthTech shake-up

Prometeia is deepening its foothold in Spain as the country's Wealth and Asset Management sector accelerates past its previous growth trajectory. Market and regulatory data...
UK fund disclosure overhaul: what the CCI regime means

UK fund disclosure overhaul: what the CCI regime means

For over a decade, UK retail investors have relied on the UCITS Key Investor Information Document (KIID) or the PRIIPs Key Information Document (KID)...

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