Global Accounting Body Wants More Rigor in Showing Climate Impacts July 31, 2024 By Huw Jones A global accounting body on Wednesday proposed guidance on how companies can do more to show the impact of climate...
British Insurers Propose Green Infrastructure Funding Model July 23, 2024 By Huw Jones Britain’s insurers set out plans on Monday on how to channel billions of pounds freed up from their safety buffers...
Vulnerabilities in Non-Banks Leave Door Open to ‘Shocks’, G20 Watchdog Says July 22, 2024 By Huw Jones Patchy progress on implementing reforms to make money market funds and other types of “non banks” safer has left the...
Labour Win Brings Few Hopes or Fears to London’s Financial District July 5, 2024 By Sinead Cruise and Huw Jones Labour’s landslide election win shows few signs of unsettling London’s financial heartland after the party’s lengthy pro-business overtures, though many...
Banks to Publish Crypto Asset Exposure From 2026, Global Regulators Say July 5, 2024 By Huw Jones Global banking regulators have approved templates for banks to disclose their exposure to crypto assets from January 2026, they said...
EU Finalizes Investment Fund Labels to Combat Greenwashing May 15, 2024 By Huw Jones The European Union’s securities watchdog confirmed on Tuesday final guidelines on when investment funds can label themselves as being “sustainable”...
Global Basel Committee Bolsters Rules for Supervising Banks, Non-Bank Sector April 26, 2024 By Huw Jones The world’s forum for banking regulators on Thursday tightened up its rulebook to focus better on spotting risks from climate...
UK Finance Watchdog Plans on Diversity Targets a ‘Bad Idea,’ Minister Says April 19, 2024 By Huw Jones Plans by Britain’s financial regulator to require firms to set targets for improving diversity could be counterproductive, UK business and...
Britain’s Insurers Under Pressure Over Spike in Car Insurance Premiums April 18, 2024 By Huw Jones The rising cost of car insurance has triggered a barrage of complaints in the cost of living crisis, Britain’s financial...
Global Accounting Rule Ends Leeway Over Operating Profit April 9, 2024 By Huw Jones Companies will have to publish standardized operating profit figures from 2027 under new requirements from a global accounting rulesetter to...