Regulator issues initial guidance targeting financial firms' climate risk management, governance
More severe downside scenarios will lead to larger capital buffers, Fitch says
Tribunal rejects motions from David and Natasha Sharpe for disclosure of documents in a forthcoming hearing
Research finds large crypto investors sold ahead of large price drops
Regulator says shells face same compliance obligations as other public companies
Sector faces all the risks of traditional finance, amplified by its own inherent vulnerabilities
Report recommends leveraging existing framework to enable crypto to deliver benefits as a payment mechanism
Rule changes would extend advisers' obligations to all client assets
Transition risk, rather than physical risk, will be the focus
Investment activity expected to remain subdued in 2023, KPMG reports