Risk Management

UK banking app Novus has teamed with sustainability-as-a-service provider ecolytiq to launch the former’s sustainable banking app in its native market.

US Bank will leverage Sustainalytics, a Morningstar company and provider of ESG research and ratings, to offer ESG data solutions to its Global Fund Services clients.

The rise in importance of climate change on the business agenda has been impossible to miss. With this rise, the need for financial organisations to address ESG matters is reaching a boiling point.

The Financial Conduct Authority (FCA) has secured changes to potentially damaging terms in the contracts providing by a select number of buy now, pay later (BNPL) firms.

With more people than ever before conduct their business online, the need to ensure widescale protection and regulatory compliance has become imperative.

Open banking platform Tink has partnered with Green FinTech Cogo to provide NatWest customers with personalised carbon footprint tracking services.

The Prudential Regulation Authority (PRA) has slapped Metro Bank with a fine of £5,376,000 for deficiencies related to the governance and controls of its regulatory reporting.

South Korea’s Financial Services Commission and the Korea Exchange have launched an integrated ESG information platform.

The Hong Kong Monetary Authority (HKMA) will develop a green sustainable finance module for banking practitioners following recommendations from Hong Kong’s Green and Sustainable Finance Cross-Agency Steering Group.

The Financial Conduct Authority (FCA) has published two policy statements that confirm the final rules and guidance to promote better climate-related financial disclosures.