Having navigated the coronavirus pandemic’s disruption, the banking industry faces a new era of volatility and uncertainty. Soaring interest rate and liquidity risks have toppled eight banks since 2023. Credit risk looms large amidst geopolitical tensions and the squeeze of inflation. Regulatory change and complexity abound. To effectively confront the mounting challenges, a global risk management survey from FT Longitude and data and AI leader SAS reveals that:

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Global cooperation is key to ensuring safety and fighting the increasingly numerous international operating criminal networks. On 7 March, representatives from 15 Latin American countries visited Eurojust to experience first-hand how the Agency ensures that judicial authorities can work together swiftly and safely. Continue reading…

SEON, the leader in digital fraud prevention and compliance, has on 5 March announced the release of its 2025 Digital Fraud Report, a global fraud, risk and compliance trend survey highlighting fraud prevention strategies, benchmarking efforts and emerging trends shaping 2025. Culled from insights from 574 decision-makers and strategic leaders across financial services, fintech, payments, eCommerce and iGaming, the report highlights rising fraud prevention spending and strategic team expansion to counter increasingly sophisticated AI-driven fraud threats.  Continue reading…

The FCA has banned Andrew Pearse and Surjan Singh from the UK financial services industry. The former Credit Suisse managing directors have been banned for lacking integrity, following US convictions for arranging corrupt loans to the Republic of Mozambique.  Continue reading…

Eunice, an AI fintech company solving B2B challenges in crypto, has launched the MiCA Whitepaper Library, an AI-powered solution designed to simplify compliance with the Markets in Crypto-Assets Regulation (MiCA). The platform streamlines the whitepaper process for crypto projects and exchanges, reducing operational burdens and helping avoid the risk of delisting in Europe. Eunice has partnered with CMS, a top-tier law firm with extensive expertise in EU law, to provide legal opinions where needed. Continue reading…

by Neil Esho

I would like to start by thanking the organisers for the invitation to speak at the “TBTF & Financial Stability” Symposium in Zurich. A resilient banking system and financial stability more broadly are largely driven by:

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The European Central Bank (ECB) today published the latest report on card schemes and processors. Card payments have emerged as the dominant electronic payment method in the European Union (EU), accounting for 70 billion payments – 54% of all non-cash transactions – in 2023. The report’s findings raise questions about the EU’s strategic autonomy in payments, particularly given the growing dominance of international card schemes. Continue reading…

The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of Infinera Corporation (‘Infinera’) by Nokia Corporation (‘Nokia’). The Commission concluded that the transaction would raise no competition concerns in the European Economic Area (‘EEA’). Continue reading…

The Financial Stability Board (FSB) has published a letter from its Chair, Klaas Knot, to G20 Finance Ministers and Central Bank Governors ahead of their meeting on 26-27 February. The letter notes that shifting financial conditions and geopolitical uncertainty call for continued vigilance on financial stability. The FSB has developed extensive reforms in recent years to enhance resilience by addressing key financial system vulnerabilities. These reforms target not only safety and soundness, but also support innovation by providing clarity on policy approaches for emerging topics like crypto-assets. Continue reading…