News: Regulation
January 20, 2025 / Regulation
Bank of England: The PRA announces a delay to the implementation of Basel 3.1
The PRA, in consultation with HM Treasury, has decided to delay the implementation of Basel 3.1 in the UK by one year until 1 January 2027.
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January 20, 2025 / Digital, Regulation
Computer Weekly: Almost half of UK banks set to miss DORA deadline
According to a recent survey, 43% of British financial services organisations say they are still exploring DORA.
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Finextra: Bank of England to launch Digital Pound Lab
The Bank of England is to launch a Digital Pound Lab as it sets out its blueprint for the design phase of a future Britcoin.
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January 15, 2025 / ESG, Regulation
Finextra: EBA publishes final guidelines on ESG risk management
The European Banking Authority (EBA) has published its specific requirements regarding management of ESG-related risks.
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January 4, 2025 / Cybersecurity, Regulation
The Banker: OCC urges tighter third-party oversight on op risk
US banks still need to make significant strides to mitigate operational risk and cyber threats, according to the Office of the Comptroller of the Currency.
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Cybersecurity Dive: Majority of global CISOs want to split roles as regulatory burdens grow
More than 4 in 5 CISOs believe their role needs to be split into two separate positions.
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September 27, 2024 / Artificial Intelligence, Regulation
Finextra: Bank of England to form AI consortium
The Bank of England (BoE) is calling on financial services firms to join its artificial intelligence (AI) consortium designed to oversee the use of the technology within the sector.
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August 25, 2024 / Regulation
AML Intelligence: TD Bank’s AML penalties could top $4 billion
TD Bank’s AML penalties could top $4 billion.
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Finextra: MAS collaborates with banks and tech firms on quantum security
Monetary Authority of Singapore (MAS) collaborates with banks and tech firms on quantum security.
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Finextra: BofE and BIS develop tech to monitor stablecoin reserves
The Bank of England and the BIS Innovation Hub have developed a system that gives supervisors near real time data about stablecoins' liabilities and their reserve assets.
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