Tag: financial regulations
Canadian Securities Watchdog Shuts Down Systems Following Cybersecurity Threat
Assessing the Impact of Cyber Threats on Financial Regulations and Market IntegrityHighlights: The Canadian Securities Administrators (CSA) suspended its systems in response to a...
FCA Urges Overhaul of Digital Loan Processes for Enhanced Consumer Protection
Streamlining Digital Loans: The FCA's Call for Improved Safety and AccessibilityHighlights: The FCA emphasizes the need for improvements in digital loan processes.Proposed changes aim...
Wise Fined $42 Million by Multiple US States for AML Deficiencies
Exploring the Consequences of Compliance Failures in Financial TechnologiesHighlights: Wise faces a $42 million fine imposed by multiple US states for anti-money laundering deficiencies.Regulatory...
Barclaycard Stops Credit Card Payments for Cryptocurrency Purchases
Understanding Barclaycard's Decision and Its Impact on Crypto InvestorsHighlights: Barclaycard has ceased allowing credit card payments for cryptocurrency.This move is part of a broader...
CFPB’s Decision to Abandon Open Banking Rule: What It Means for Consumers
Exploring the Implications of the CFPB’s Recent Policy Shift on Open Banking RegulationsHighlights: The CFPB has decided to withdraw its proposed open banking rule.This...
CFPB to Revisit Open Banking Regulations: What You Need to Know
Exploring the Implications of Revisiting Open Banking Rules on Consumers and Financial InstitutionsHighlights: CFPB is set to re-evaluate current open banking rules.Revisions could enhance...