For any queries, please contact Customer Services or your Account Manager. Dismiss
Financial Services
Editor's Picks
-
Vought subordinate Levenbach at OMB tapped to head US CFPB
Stuart Levenbach, a US Office of Management and Budget energy official, has been tapped to head the US Consumer Financial Protection Bureau – an agency that Preside... (more story)
-
South Korea central bank flags moral hazard in non-bank stablecoin models
A central banker from South Korea expressed concern about allowing non-bank institutions to issue stablecoins, saying this could effectively extend central bank bal... (more story)
-
Scam center strike force launched by US
The US government on Wednesday announced the launch of a task force focused on protecting Americans from scam centers based in Southeast Asia. Americans lost at lea... (more story)
Insight View More
US Federal Reserve Governor Philip Jefferson discounted comparisons of artificial intelligence stock swings with the 1990s dot-com boom, saying the current era poses less of a threat to financial stability. “I... (more story)
The European Commission has formally put into doubt the legality of the Italian government's wide powers to constrain banking mergers. The move follows the harsh conditions imposed by Rome on UniCredit's i... (more story)
The UK's financial services regulator has opened a 13-week consultation on its plans to streamline the UK’s transaction reporting regime, a move it says could save investment firms more than £100 million a yea... (more story)
KakaoPay argued that its transfer of South Korean users’ data to China’s Alipay was a lawful fraud-prevention outsourcing arrangement, not an illicit handover abroad of personal information to Apple, in its cl... (more story)
The US Securities and Exchange Commission said it was dropping a lawsuit accusing SolarWinds Corp. and its chief information security officer of failing to warn investors about lax cybersecurity standards befo... (more story)
A "billion-dollar" money-laundering network active in the UK bought a bank in Kyrgyzstan to evade sanctions on Russia and finance Moscow's Ukraine war effort, UK investigators said on Friday. They were reporti... (more story)
US Federal Reserve Governor Lisa Cook warned that private credit is a “potential vulnerability worth watching,” while US Securities and Exchange Commission member Mark Uyeda touted it as something that should ... (more story)
Financial Stability Board Chair Andrew Bailey said the global financial watchdog will intensify its scrutiny of private credit markets and stablecoins as regulators confront the risks emerging from rapid marke... (more story)
Comment View More
As TD Bank cooperated with US authorities amid an investigation into suspected money laundering, the Canadian lender began to enforce its compliance program in a way that “intentionally targeted and disproport... (more story)
The draft of a plan to strengthen the EU's markets watchdog suggests it will get direct supervisory powers over significant clearing houses, trade repositories, trading venues, central securities depositories ... (more story)
The race to find Britain’s next top banking watchdog is entering its final days, with applications closing next Monday for the top role overseeing the stability of the UK’s financial system. The appointment is... (more story)
There are renewed concerns that the center-right European People’s Party, the largest party in the European Parliament, will again side with far-right political parties in a vote on legislation involving corpo... (more story)
Euronext has launched an all-share offer on the Greek stock exchange, hoping to add to its EU-wide portfolio of exchanges. The move doesn't need competition approval, has been welcomed by the Greek finance min... (more story)
In 2010, as JP Morgan Chase retained convicted sex offender Jeffrey Epstein as a client, its anti-money laundering compliance team worked on a project to protect the bank from misuse by human traffickers. The ... (more story)
UK banks are stepping up criticism of the Financial Conduct Authority’s proposed redress plan for the car-finance scandal, arguing that it goes beyond what the Supreme Court intended in its August ruling. With... (more story)
As digital advertising faces the increasing scrutiny that comes with mounting litigation and tightened regulation, the US bulk data rule that originated from national security concerns over hostile foreign cou... (more story)