ARCHIVE December2022

FCA appoints DWS whistleblower Desiree Fixler to ESG advisory committee
The Financial Conduct Authority has appointed Desiree Fixler, DWS’ former sustainability boss who brought greenwashing allegations against the group, to its ESG committee. Fixler, who is the founder of RYSN Consulting and chair […]
New Zealand implements lifetime ban on youth tobacco consumption – JURIST
New Zealand Tuesday passed the Smokefree Environments and Regulated Products Bill to prohibit anyone born on or after January 1, 2009, from ever purchasing cigarettes. The law will usher in a lifetime […]

Mixed Emotions as FTX’s Bankman-Fried is Arrested in Bahamas
Sam Bankman-Fried’s arrest in the Bahamas is described as “interesting timing” with the co-founder of collapsed digital-asset exchange FTX due to testify before US Congress this week. The Bahamas police arrested the […]

KPMG revenue jumps to $35bn on advisory arm strength
Revenue at Big Four audit firm KPMG grew nearly 9% to $35bn this year on the back of strong demand for advisory services. Global revenue rose from $32.1bn for the year to […]
G7 and EU foreign ministers discuss support of Ukraine in war against Russia, issue new sanctions against Iran – JURIST
G7 leaders and EU foreign ministers Monday held several meetings to discuss the implementation of new sanctions against Iran and economic support for Ukraine in the country’s ongoing war against Russia. EU […]

Crypto Platform Swaps.app Opts For TrueLayer Open Banking
European crypto platform Swaps.app has introduced instant bank payments in the UK following a partnership with open banking provider TrueLayer. Estonia-based Swaps.app is partnering with TrueLayer, aiming to use its open banking […]

Citadel, Man bets boost $184bn Texas Teachers’ pension fund
Stocks and bonds have been pummeled this year. But bets on hedge funds have paid off for the giant Teacher Retirement System of Texas. The roughly $184bn pension fund, one of the […]

Microsoft takes 4% stake in London Stock Exchange with cloud partnership deal
London Stock Exchange Group said on 12 December that it has launched a 10-year partnership with Microsoft for next-generation data and analytics and cloud infrastructure solutions. The stock exchange and financial information […]

Numis scores two senior dealmakers for financial institutions group
City investment bank Numis has bolstered its coverage of financial institutions with two senior dealmaker hires. It has hired Daniel Werchola as co-head of its financial institutions group. He joins from SME […]
North Korea releases US soldier who crossed demilitarized zone 2 months ago – JURIST
North Korea expelled US soldier Travis King on Wednesday, 2 months after he crossed into its territory from South Korea. KCNA, North Korea’s state media, announced that North Korea expelled King after […]
South Korea court overturns North Korea leaflet ban – JURIST
The Constitutional Court of South Korea on Tuesday struck down a provision of the Law on the Development of Inter-Korean Relations which prohibits the distribution of leaflets in North Korea and imposes […]
Hong Kong court sentences journalist to 5 days in jail for obstructing police officer – JURIST
The West Kowloon Magistrates’ Court on Monday sentenced the head of the Hong Kong Journalists Association Ronson Chan to five days in jail, according to the Hong Kong Free Press (HKFP). As […]
Philippine Coast Guard removes floating barrier allegedly placed by China – JURIST
A Philippine Coast Guard (PCG) spokesperson announced Monday that the PCG removed a floating barrier allegedly placed by China near the disputed Scarborough Shoal in the South China Sea. This comes days […]
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