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Chairman of the U.S. Senate Committee on Banking wrote to banks about losses related to Archegos.

Chairman of the U.S. Senate Committee on Banking wrote to banks about losses related to Archegos.

The UK regulator aims to make the new rules and/or guidance by early summer.

IOSCO called for international consistency of sustainability-related disclosures.

Concerns have been expressed around the value of these reports.

The regulator said climate change poses a major threat to U.S. financial stability.

Greater gender diversity improves risk management and decreased the frequency of misconduct fines.

The majority of crypto-assets remain unregulated in the EU.

Disclosure rules should facilitate consistent, comparable, and reliable information on climate change.

This is the regulator's first prosecution against a bank under the Money Laundering Regulations 2007.