The country’s response to the scandal is a chance to show good governance.

Nationalist desperation to get ahead in fintech surely explains some of the spectacular regulatory failure in the Wirecard accounting scandal.

The UK’s Financial Conduct Authority may struggle to show anything explicitly wrong in the awarding of recent equity mandates.

Accounting standards that make banks provision upfront for all expected loan losses are encouraging exactly what regulators don’t want to happen at this stage of the coronavirus crisis.

Volumes more than doubled in March; before the coronavirus crisis hit, Euromoney spoke to market participants about why portfolio trading will transform bond market liquidity.

For a sector reeling from money laundering scandals, it’s tempting to imagine that technology could be a low-cost way of solving such problems. AI could be a game changer for detecting low-level crime, but corporate-scale laundromats will remain tough to crack.

The transition from Libor must be delayed to avoid pressuring coronavirus-damaged markets.

Proof of the Swedish supervisor’s mettle raises questions about the Danish response to money laundering.

Central banks have told lenders to eat into their buffers, but intense debate remains over recognition of non-performing loans in the push for debt moratoria.

Stand-off in Slovenia highlights politicians’ failure to tackle retail lending boom.

FASB chair grilled by US lawmakers over implementation cost of new accounting rules.

Banks must prove to the increasingly impatient regulators that they have got Libor transition under control, or face costly consequences down the line.

Regulatory technology vendors are relishing the prospect of helping banks minimize FX client onboarding errors, but in a world where legacy systems remain commonplace, regtech is not always an easy sell.

European regulators aren’t done with capital increases, especially for banks with unjustifiably low risk weightings.

The year 2020 is going to be a big one in the world of failed trades.

Europe is belatedly setting up an anti-money laundering (AML) supervisor, even an EU financial intelligence unit, but the plan faces tough political tests ahead.

An art installation shines a light on UBS.

Japanese banks must go overseas to build sustainable profits, each in their own way. Nomura is streamlining global operations and applying itself in China; Daiwa wants to be a global mid-market M&A house; MUFG has bought Asean banks; Mizuho prefers organic growth; and SMBC is somewhere in between. Who’s ahead?

It appears that basic errors rather than deliberate attempts to game the system lay behind Citi’s large miscalculations of UK RWAs and CET1.

The bank’s CEO and chairman are out, a week after allegations of AML failings that helped enable child exploitation.

It seems the Australian banking scandal has caught up with Westpac.

The country’s Supreme Court overturns a curveball decision from July, to the benefit of distressed debt investors.

Kenya’s parliament passes a law to lift an interest rate cap that has hampered credit growth and economic development, in a move that may pave the way to a new agreement with the IMF.

Russia’s leading private sector lender looks to mortgages to maintain pace of loan growth.

New proposals by the SEC have shaken the investor community, threatening the ability of smaller shareholders to file resolutions and potentially preventing ESG issues from being heard.

Esma no longer feels it needs to impose EU-wide leverage limits on the FX contracts for difference (CFDs) market, but there is little evidence to suggest its efforts to protect retail traders have done anything other than push business offshore.

A new approach to going public has so far been tested by only two firms, but the people who did those deals see them as the start of something bigger.

Deutsche Bank’s decision to exit equities but continue with ECM is a startling move, but it reflects the reality of the industry as much as it does the bank’s own uncomfortable position.

It was just what the regulators didn’t want: another surge in Sofr just as the timetable for transition away from US dollar Libor enters its critical phase.

Euromoney's latest coverage of the benchmark that serves as a reference rate for hundreds of trillions of dollars in financial instruments - and the upcoming transition to new risk-free rates (RFRs).