Regulatory
Money laundering rules in Hong Kong are about to get stricter
A Hong Kong regulator is about to make the region’s money laundering rules even stricter to prevent illicit funds from flowing out of ...
Regulatory
U.S. securities regulator suspends trading in three more ‘meme stocks’
The U.S. Securities and Exchange Commission this week suspended trading in more securities that have seen jumps in both prices and trading volumes ...
Regulatory
US SEC Commissioner Demands Clear Cryptocurrency Regulations
Hester Peirce, a Commissioner at the US Securities and Exchange Commission, mentioned the urgent need for clear cryptocurrency regulations amid the adoption of ...
Regulatory
More than 90% of UK’s financial firms still rely on legacy tech, says FCA
The Financial Conduct Authority (FCA) has published a report showing 92% of the UK’s financial services (FS) firms still rely on legacy technology. ...
Regulatory
Singapore’s central bank reviews BNPL regulation over debt fears
The Monetary Authority of Singapore (MAS), the country’s central bank, is reportedly “reviewing” its “regulatory approach” to buy now, pay later (BNPL) firms. ...
Regulatory
Huawei to acquire Xunlian Zhipay for its payments licence
Huawei is in talks to acquire Xunlian Zhipay, a licensed payments institution. The deal is yet to be officially announced, and is still ...
Regulatory
Anti-Privacy Regulations Pose Risks for Crypto Investors- Bank of America
A Bank of America cryptocurrency report warns of the risks and potential market disruption from anti-privacy government measures. Cryptocurrencies “challenge the ability of ...
Regulatory
BoE’s Bailey: UK should not create a low regulation, high risk financial system
Bank of England Governor (BoE) Andrew Bailey has said that now is not the time to have a regional argument on finance with the ...
Regulatory
China implements new anti-monopoly rules targeting tech giants
China has implemented new anti-monopoly rules in the country which aims to restrict the activities of the country’s major tech companies. The new ...
Regulatory
Bank governor takes responsibility for regulatory failings over LC&F scandal
The Governor of the Bank of England has told MPs that he takes responsibility for regulatory failings over the £237m London Capital & Finance investment ...
