Regulatory
Global: Regulatory Monitor Appointed at Deutsche Bank Amid Postbank Integration Complaints Surge
The leading financial regulator in Germany has decided to assign a supervisor to Deutsche Bank to oversee the resolution of customer service issues ...
Regulatory
Global: FCA Advocates a “New Enlightenment” for Financial Inclusion
During the Scottish Financial Enterprise event, themed “Extending Financial Inclusion” in Glasgow, CEO of the Financial Conduct Authority (FCA), Nikhil Rathi, outlined the ...
Regulatory
Global: WFE’s Head of Regulatory Affairs Highlights Risks Associated with Unregulated Crypto-Trading Platforms
Richard Metcalfe, the Head of Regulatory Affairs at the World Federation of Exchanges (WFE), emphasized the importance of clear terminology and outlined six ...
Regulatory
Global: The Impact of Bitcoin ETFs on Crypto Regulation
The role of institutions in the crypto industry has long been a subject of debate. Beyond liquidity, what unique value do institutions bring, ...
Regulatory
Global: Bank of Japan Affirms Commitment to Easy-Policy Exit Despite Financial Considerations
Bank of Japan Governor, Kazuo Ueda, has stated that financial concerns will not hinder the central bank’s ability to phase out its extensive ...
Regulatory
Global: UBS Unaware of DOJ Probe into Sanctions Compliance Failures
UBS issued a statement stating that it is not aware of any probe by the U.S. Department of Justice (DOJ) into alleged sanctions-related ...
Regulatory
Global: Australia Takes Steps to Strengthen Data Privacy in Response to Privacy Act Review
In response to the Attorney-General’s Privacy Act Review Report, the Albanese government of Australia has unveiled its proposals aimed at safeguarding citizens against ...
Regulatory
Global: FCA Imposes £2.2 Million Fine on Darren Reynolds for ‘Dishonest’ British Steel Transfers
The Financial Conduct Authority (FCA) has levied a £2.2 million fine against director Darren Reynolds of Active Wealth (UK) for providing ‘dishonest’ pension ...
Regulatory
Global: BIS Urges Prompt Resolution of Legal Uncertainties Surrounding Central Bank Digital Currencies
The Bank for International Settlements (BIS) has issued a warning about the legal uncertainties surrounding central bank digital currencies (CBDCs), emphasizing the need ...
Nigeria
Nigeria: IMF Urges Nigeria to Halt Tax Waivers to Address Debt Crisis
The International Monetary Fund (IMF) has advised Nigeria and other Sub-Saharan African nations to shift their focus towards eliminating tax exemptions and increasing ...
