Global
Global: UK Regulator Inquiries Investment Platforms on Offering Odey Funds to Retail Investors, Reports Financial Times
The Financial Conduct Authority (FCA) of the UK is reportedly scrutinizing investment platforms, including AJ Bell, Hargreaves Lansdown, and Halifax, for their decision ...
Global
Global: OpenAI Faces Class-Action Lawsuit Alleging Data Theft for ChatGPT
OpenAI, the creator of the popular natural language processing AI tool ChatGPT, is currently dealing with a class-action lawsuit in California. The lawsuit, ...
Global
Global: UK Legal Body Suggests New Property Law Category for Crypto Assets
The Law Commission, an independent body in the UK, has recommended the creation of a new category of personal property under UK law ...
Global
Global: EU Finalizes Smart Contract Kill Switch Rules under Controversial Data Act
European Union (EU) lawmakers have reached an agreement to proceed with the European Data Act, a legislation that has sparked criticism from the ...
Global
Global: Payments Association Raises Concerns to UK Government Over APP Fraud Plans
The Payments Association has issued a warning to the UK government, expressing concerns about the potential “unintended consequences” of new policies aimed at ...
Global
Global: CEOs of Meta and OpenAI Support EU Artificial Intelligence Regulations
The CEOs of Meta and OpenAI, Mark Zuckerberg and Sam Altman respectively, have expressed their support for government regulations on artificial intelligence (AI). ...
Nigeria
Nigeria: SEC Refutes Reports on Lack of Audited Financial Statements
Nigeria’s Securities and Exchange Commission (SEC) has denied media reports suggesting that it has not audited its financial statements since 2014. In a ...
Global
Global: Binance Receives Order to Halt Digital Currency Services in Belgium
The Financial Services and Markets Authority (FSMA) of Belgium has issued an order to Binance, the world’s largest cryptocurrency exchange, instructing it to ...
Global
Global: German Regulator Says Google Automotive Services May Violate Antitrust Rules
A German regulator has told Google that its connected car package may violate antitrust rules. The Federal Cartel Office said in a letter to the tech giant ...
Global
Global: U.S. securities regulator (SEC) hits top SPAC auditor with $10 million fine
The U.S. Securities and Exchange Commission (SEC) on Wednesday (June 21, 2023) slapped Marcum LLP with a $10 million penalty for standards violations ...