
Publication
Essential Corporate News – Week ending 11 July 2025
On 1 July 2025, the Quoted Companies Alliance (QCA) published three new board committee guides to accompany the QCA Environmental and Social Guide published in December 2024.
Publication | September 16, 2016
The transfer of the trillions of dollars that regularly move around the globe is accomplished through the use of accounts that the banks maintain with each other to settle those transfers, as well as for other banking services. These accounts, called correspondent accounts, are critical to the efficient functioning of the world’s financial system. Most of these accounts are maintained at large international banks (“correspondents”)—many of which are in the United States, European Union, Canada and other industrially developed countries. But banks in other countries (“respondents”) need accounts at those banks to handle funds transfers, other payments, etc., and if those large banks are reluctant to maintain accounts for them because the bank and/or the country are seen as a greater risk, then they may cut them off or charge them a larger fee to maintain the account.
There has been a troubling trend toward some banks terminating their correspondent banking account relationships with banks in certain areas of the world, and potentially to all the banks in particular countries, essentially isolating them from accessing the international financial system and adversely affecting that country's own local banking system.
Read the full article: Work continues on addressing correspondent banking decline
Publication
On 1 July 2025, the Quoted Companies Alliance (QCA) published three new board committee guides to accompany the QCA Environmental and Social Guide published in December 2024.
Publication
In the two years since our last climate litigation update, the prevalence and variety of global climate litigation around the world has continued to increase.
Publication
Selon un rapport conjoint du Bureau du surintendant des institutions financières (BSIF) et de l’Agence de la consommation en matière financière du Canada (ACFC), environ 70 % des institutions financières fédérales prévoient utiliser l’IA d’ici 2026 .
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