Executive summary from the Global Regulatory Outlook report

The last 12 months has been another year of change for the financial services industry. We have begun the move from inter- and intranational debate about the shape and purpose of regulation, to a period of understanding the implications for business follo


Major Banks Now Face a Second Forex Lawsuit

The foreign exchange trading investigation is the latest multinational probe of financial benchmarks that affect trillions of dollars in personal and business transactions.


Singapore's Financial System Assessed to be Well-Regulated

The Monetary Authority of Singapore announced today that an assessment under the International Monetary Fund (IMF)'s Financial Sector Assessment Programme 1 has found Singapore's financial sector to be well-regulated and highly developed.


New private bank

The name of the private bank in Chinese - Shoufa - has been approved by the State Administration for Industry and Commerce, but it still needs to be approved by the People's Bank of China and China Banking Regulatory Commission.


Japan Inspects Banks After Mob Loan Scandal

Japan's financial regulator widened its probe into whether all three of the country's big banks conducted transactions with Japanese gangsters, known as the yakuza