The UK financial regulator is seeking to ease its climate reporting rules for investment products with a new proposal that will affect asset managers and asset owners. The Financial Conduct Authority had intro... (more story)

Eighty-seven Indonesian online lenders have urged a Jakarta court to overturn the Indonesian antitrust agency's record interest-rate cartel ruling, arguing that the regulator failed to prove any agreement amon... (more story)

US banking regulators said they consider climate change to pose a risk to banks, but no greater than other potential hazards. “We do recognize that there are risks to banks and to their bank balance sheets fro... (more story)

Lex Greensill, the founder of the collapsed Greensill Capital, has been banned from acting as a UK company director for nine years, following action taken by the country’s Insolvency Service. An agreement betw... (more story)

Mastercard’s strategic merchant agreements did not share a single anticompetitive purpose and evolved significantly over time, an Australian antitrust hearing was told on Thursday. As Mastercard’s lawyer Ruth ... (more story)

In testimony to be delivered to lawmakers Thursday, US Federal Reserve Vice Chair for Supervision Michelle Bowman says the agency is updating its regulatory and supervisory thresholds “to reflect economic grow... (more story)

Information technology and operational risk, including cybersecurity risk, represent the largest category of Matters Requiring Immediate Attention for banks with US assets under $100 billion, the Federal Reser... (more story)

More financial services firms are set to be granted access to Anthropic's unreleased Claude Mythos Preview AI model, MLex understands. The move comes amid growing concerns among financial authorities in the UK... (more story)