Global regulators are cracking down on companies’ misleading environmental and sustainability claims, known as “greenwashing”, with a flurry of new initiatives to tackle the problem.

The Monetary Authority of Singapore (MAS) has published new proposals for the regulation of stablecoin issuers and intermediaries, in a move that underscores the city-state’s intent to become a global leader in the sector.  

As COP27 came and went, one message rang abundantly clear: Global investment in decarbonization is falling far short of what is needed to get the world on track to limit warming to 1.5 degrees C. Transition planning could play a big part in meeting climate objectives. By: Lisa Quest and Elizabeth Hoyler at Oliver Wyman 

Quantum computers could pose an existential threat to the heavily used encryption solutions that underpin the internet, including activities such as online financial services, which could see bank accounts drained in a flash.

The battle between hackers and banks is very unequal, with the former often able to perform their attacks anonymously at little cost. For banks, much is at stake from reputation to profitability and they are having to marshal increasingly sophisticated tools to defend their moats.

While scrapping bonus caps is unlikely to result in another financial crisis in itself, the change in the way bankers are remunerated must come with safeguards to avoid any potential repeat of a culture of excessive risk-taking.