ESMA has published its 2022 report on sanctions under the Undertakings for Collective Investments in Transferable Securities directive and the Alternative Investment Fund Managers Directive
The Federal Reserve Board has issued a consent order and a US $186 million fine to Deutsche Bank as a result of insufficient anti-money laundering controls
Global blended finance initiative the Subnational Climate Fund has been awarded a design certification from sustainability standards provider Gold Standard
Institutional and private client service provider JTC has appointed Paul Fosse (pictured) and Cameron Vail as group directors for fund services and banking and treasury respectively