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Crypto Nears Systemic Risk Tipping Point, Warns FSB Chair

Financial Stability Board Chair Klaas Knot cautions that crypto’s growing ties to traditional finance could push it into systemic risk territoryHighlights:FSB Chair Klaas...

Industry Groups Urge SEC to Reconsider Cyber Disclosure Rule

Key stakeholders advocate for a more balanced approach to cybersecurity regulations that promote transparency without stifling innovation.Highlights: Industry groups are calling for the SEC...

ECB Extends Deadline for Non-Bank PSP Access to TARGET

What This Means for Financial Institutions and Payment ProvidersHighlights: The European Central Bank has postponed the deadline for non-bank Payment Service Providers to gain...

OCC Seeks Insights on Community Bank Digitalisation Challenges

The Office of the Comptroller of the Currency (OCC) issues a request for information to understand barriers in digital banking adoption for community banks. Highlights:...

EU Central Banks Explore Synchronized Settlement in FX Transactions

Innovative Approaches to Enhance Cross-Border Foreign Exchange TransactionsHighlights: European central banks are investigating synchronized settlement mechanisms for FX transactions.The aim is to improve efficiency...

US Judge Reverses CFPB’s Cap on Credit Card Late Fees

Implications of the Ruling on Consumer Financial Protection and Credit MarketsHighlights: A US judge has overturned the CFPB's limit on credit card late fees.The...

Nikhil Rathi Reappointed as FCA Chief Executive: What This Means for the Financial Sector

Exploring the Implications of Rathi's Leadership on Regulatory Changes and Market StabilityHighlights: Nikhil Rathi has been reappointed as Chief Executive of the FCA, emphasizing...

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