The courts may ultimately determine whether a widely used banking practice will meet a legal test. The issue is overdraft charges assessed to bank customers for writing checks or making debit ...

Recent events in the international payments world have highlighted yet again the confusion over SWIFT’s responsibilities in the payments chain. SWIFT was created to send payments instructions from a ...

The Hong Kong Association of Banks and the DTC Association have published their revised Code of Banking Practice. The amendments took effect on 10 December 2021 and require Hong Kong banks to take ...

The Banking Association is criticising social media, technology and telcom companies for not doing enough to prevent scams.

The Banking Standards Board has published a statement of good practice for firms when providing and requesting regulatory references in accordance with the Senior Managers and Certification Regime.

The 170-year-old Salem Five Cent Savings Bank has hired one private banker and could scale the business further if its ...