Tag: Finance 2023

The contemporary regulatory environment has ushered in an era where the financial penalties and reputational damage of regulatory fines are intolerable for firms. The 2023 Starling Compendium emphasises that firms must instate processes to deter misconduct before it even occurs.

European banks have shown resilience in the face of a tougher stress test, according to a new report from the EBA.

Stripe, a financial infrastructure platform for businesses, has revealed Steffan Tomlinson will be stepping into the role of CFO.

DebtBook, a debt, lease, and subscription management software company based in Charlotte, has closed a significant investment round.

The final deadline for compliance with the UK Financial Conduct Authority's (FCA) new Consumer Duty is swiftly approaching in July 2023. The regulatory agency has been actively providing guidance, conducting multi-firm reviews, and sharing specific industry insights in the form of Dear CEO Letters to ensure that firms are adequately prepared for the implementation.

The FCA has unveiled actions under the Consumer Duty rules, outlining a 14-point plan aimed at enhancing cash savings interest rates.

The EC has adopted the European Sustainability Reporting Standards (ESRS), significantly expanding the scope of sustainability reporting.

German threat intelligence provider QuoIntelligence has bagged €5m in a seed round headed by eCAPITAL Entrepreneurial Partners.

ING and the European Investment Bank (EIB), has unveiled a new sustainable finance programme designed to bolster SMEs.

Research from Mintago has found a higher degree of financial stress amongst female employees in the UK compared to men.