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Major UK banks had 803 hours of outages in the last two years
While deeply concerned about affected customers, the UK Treasury Committee was measured in its criticism, expressing gratitude to the banks compensating customers.
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Stockholm FinTech Week 2025: Open finance – gateway to opportunity or Pandora’s box?
The thought-provoking session was made even more interesting by a bombshell disclosure about the withdrawal of EU FiDA.
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Stockholm FinTech Week 2025: Using AI and innovation to combat a fast-changing threat landscape
Beju Shah, head of Nordics at the BIS, gave a keynote speech.
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Canadian banks withdraw from UN-backed climate initiative, will Europe follow?
European banks are reported to be reconsidering their alliance with the Net Zero Banking Alliance as President Trump rescinds ESG Executive Orders and Memoranda.
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Climate group suspend operations as BlackRock follows US banks’ net zero alliance exodus
The suspension appears to be an attempt to avoid a similar mass departure to that experienced by the Net-Zero Banking Alliance (NZBA).
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FIN-FSA announces supervisory priorities for 2025
The Finnish authority will keep some of its supervisory priorities from 2024, and aims to release key findings from inspections.
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ASIC roundup: HSBC and Binance sued, more Courtenay House case developments
The Australian Securities & Investments Commission’s latest actions and news, December 16 – 24, 2024.
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Swedish BNPL provider Klarna fined Skr 500m for AML violations
The Swedish Financial Supervisory Authority fined Klarna for violation of several key rules of AML regulations.