16 stories tagged #Financial Regulation

  1. Italy Fines Intesa Sanpaolo $36 Million Over Data Breach
    finance

    Italy Fines Intesa Sanpaolo $36 Million Over Data Breach

    Italy's data protection authority penalizes the nation's largest bank for exposing customer data.

    2mo ago 1 min read
  2. New Rules Cap Non-Sufficient Funds Fees at $10
    finance

    New Rules Cap Non-Sufficient Funds Fees at $10

    Canadian banks now face a $10 limit on non-sufficient funds (NSF) fees for personal accounts, aiming to save consumers millions annually.

    2mo ago 2 min read
  3. UK Security Chair Calls for Temporary Ban on Crypto Political Donations
    crypto

    UK Security Chair Calls for Temporary Ban on Crypto Political Donations

    A senior UK security official urges a halt on cryptocurrency donations to political parties, citing foreign interference risks and recommending stricter oversight.

    3mo ago 1 min read
  4. Fed Moves to End 'Reputation Risk' Rule Amid Crypto Debanking Concerns
    crypto

    Fed Moves to End 'Reputation Risk' Rule Amid Crypto Debanking Concerns

    US Federal Reserve proposes ending 'reputation risk' in banking supervision, addressing crypto industry's 'Operation Chokepoint 2.0' concerns.

    3mo ago 1 min read
  5. Fed Eliminates 'Reputational Risk' From Bank Supervision Rules
    finance

    Fed Eliminates 'Reputational Risk' From Bank Supervision Rules

    The Federal Reserve is permanently removing 'reputational risk' from bank supervision, a move welcomed by crypto advocates seeking clear banking access.

    3mo ago 2 min read
  6. Federal Reserve Proposes Ending 'Reputation Risk' in Banking Supervision
    finance

    Federal Reserve Proposes Ending 'Reputation Risk' in Banking Supervision

    The US Federal Reserve is seeking public comment on a proposal to formally eliminate 'reputation risk' from banking supervision, aiming to prevent discriminatory debanking practices.

    3mo ago 1 min read
  7. Lagarde Faces Scrutiny Over BIS Salary Amid ECB Pay Restrictions
    finance

    Lagarde Faces Scrutiny Over BIS Salary Amid ECB Pay Restrictions

    ECB President Christine Lagarde under fire for accepting substantial salary from the Bank for International Settlements, raising questions about transparency and internal policy.

    3mo ago 1 min read
  8. South Korea Demands Answers After Bithumb's $43 Billion Bitcoin Blunder
    crypto

    South Korea Demands Answers After Bithumb's $43 Billion Bitcoin Blunder

    Political backlash intensifies in South Korea following a catastrophic system error at Bithumb, leading to the accidental distribution of billions in Bitcoin.

    3mo ago 1 min read