09/25/2019

The Network for Greening the Financial System

The NGFS’ diverse membership, which includes the German, Dutch and French Central banks, allows for close coordination between the various ongoing international initiatives on issues of common interest.

09/25/2019

EU Court Scraps $37M Antitrust Fine Against HSBC

Eight banks were eventually dealt fines totaling $2.34 billion, with Germany-based Deutsche Bank, Barclay’s, Royal Bank of Scotland and France’s Societe Generale receiving reduced fines of $1.5 billion when they agreed to settle the commission

09/24/2019

PGIM receives AIFM approval in the Netherlands

This newly authorised entity follows the announcement in July 2019 that PGIM Investments, the global manufacturer and fund distributor of PGIM, established operations in Switzerland.

09/24/2019

EBA launches its 2019 EU-wide transparency exercise

As of this year, the transparency exercise will disclose data with quarterly rather than semi-annual frequency, in order to provide users with more granular supervisory data for time series analysis.

09/24/2019

Mexico and UK form alliance to tackle corruption and impunity

Baroness Susan Williams, UK’s Minister of State and Minister of Equalities, introduced the Anti-Corruption and Rule of Law UK and Mexico Prosperity Fund and said it was designed as a “powerful mechanism to maximize our shared prosperity and su

09/24/2019

Police Are Searching for Danske’s Missing Ex-Estonia CEO

Aivar Rehe, who was the chief executive officer of the Danish bank’s Estonian branch in 2006-2015, has been missing since leaving his home in greater Tallinn at about 10 a.m. local time on Monday wearing a black jogging suit, Estonian police spokesm