News

Climate shocks and the AI boom are driving credit risks

Moody’s reports that credit quality is increasingly impacted by extreme weather events and social fragmentation. Tokyo Metropolitan Government is taking action having recently issued a €300mm resilience bond, the first ever certified under the expanded Climate Bonds Standard, to boost protection against climate shocks.

Regtech: The rise of the machine

With regulators worldwide placing more complex requirements on the financial services industry, the existing systems and processes used for compliance  and reporting are coming under scrutiny. Regtech companies are leveraging technologies that are helping to address this tricky landscape.

Hafeet Rail project gathers steam

Following a landmark USUS$1.5bn project financing, the Hafeet Rail project is well underway. So what will this first-of-its-kind initiative mean for transport and logistics in the GCC?