Updates
DemoLast 7 days · 12 updates
Today
ECB signals further rate pause as euro-zone inflation cools to 2.2%
The European Central Bank held rates steady and indicated cuts remain data-dependent, citing easing inflation but persistent wage pressures in services.
Basel IV final rules reshape capital requirements for trading books
Revised Basel IV standards introduce new market-risk capital floors affecting major investment banks, with implementation timelines pushed to 2026.
EU AI Act enforcement guidance issued for high-risk financial models
The European Commission published detailed compliance guidance for financial institutions deploying AI in credit, fraud, and AML workflows under the AI Act.
Yesterday
Fed minutes reveal split on pace of balance sheet normalisation
FOMC minutes show disagreement among members over QT tapering speed, with hawks citing sticky shelter inflation and doves pointing to weakening labour data.
BlackRock and Vanguard face ESG proxy-voting scrutiny from US Senate
Senate committee subpoenas major asset managers over climate-linked proxy votes, escalating political pressure on ESG investment practices.
Tuesday 28 April
HSBC deploys GenAI across 15,000 compliance analysts in APAC
HSBC confirmed a phased rollout of large-language-model tools for transaction monitoring and regulatory reporting, targeting 30% efficiency gain.
Iran nuclear talks stall as Hormuz shipping risk premium widens
Diplomatic impasse over uranium enrichment caps pushes war-risk insurance premiums to a 14-month high for tankers transiting the Strait of Hormuz.
Saturday 25 April
US tariff review targets Chinese EV imports with 100% duty extension
USTR extended and broadened Section 301 duties on Chinese EVs and battery components, adding pressure on US automakers to onshore supply chains.
Swiss Re flags $4.2bn climate loss exposure in annual risk outlook
Swiss Re's annual sigma report projects rising uninsured climate losses, warning that protection gaps in emerging markets will exceed $200bn by 2030.