Tag #Banking Regulations

Showing 1 to 12 of 27 results

dw.com
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Billions in Dormant Bank Accounts in Germany

An estimated €4.2 billion rests in dormant bank accounts in Germany, largely due to deceased account holders without heirs or lost documentation, prompting discussions about government access to these funds.

Progress

28% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Finance Groups Urge Basel Committee to Rethink Crypto Regulations

Major finance industry groups are urging a rethink of Basel Committee's 2022 standards on crypto-asset risk management; they argue the rules are too strict for banks to participate and are asking the Committee to pause implementation until they can reconsider. The standards are due to come into effe...

Progress

36% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Greece Caps ATM Fees at €1.50 After Years of High Costs

Greece's government implemented new ATM fee regulations, effective August 11, 2025, capping charges at €1.50 for non-network ATMs and offering free withdrawals in areas with only one ATM, following previous unsuccessful interventions by the Competition Commission to address high ATM fees.

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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China Bans Bank Gift Promotions Amid Declining Profits

Chinese authorities banned banks from using gifts like Labubu dolls to attract customers due to declining interest rates and profit margins, impacting customer acquisition strategies and highlighting concerns about unsustainable marketing practices.

Progress

36% Bias Score

Reduced Inequality
t24.com.tr
🌐 75% Global Worthiness
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Turkey Caps Banking Interest Rate Risk at 15%

Turkey's Banking Regulation and Supervision Agency (BDDK) capped the standard ratio for interest rate risk from banking accounts at 15 percent, as published in the Official Gazette, impacting both consolidated and unconsolidated accounts.

Progress

12% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Banks to Provide 90-Day Notice Before Account Closure

The UK Treasury is introducing new laws requiring banks to give 90 days' notice and a clear written explanation before closing customer accounts, starting April 2024, following the controversy surrounding Nigel Farage's account closure by NatWest.

Progress

36% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Chase's New Fintech Fees: Potential Price Hikes for Consumers

JPMorgan Chase will impose new fees on fintech data aggregators for accessing consumer banking data, starting soon, potentially raising costs for consumers using financial apps; the bank cites increased fraud and operational costs, while fintechs and the CFPB are raising concerns.

Progress

44% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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Trump Administration Overhauls Federal Reserve, Easing Regulations and Cutting Staff

The Trump administration is reshaping the Federal Reserve by easing post-2008 banking regulations under Vice Chair Michelle Bowman, and pushing for a workforce reduction exceeding the planned 10% cut, despite concerns about increased systemic risk and the Fed's operational capacity.

Progress

52% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Australia's Credit Card Surcharge Ban to Reduce Airline Loyalty Points

Australia's Reserve Bank proposes a ban on credit card surcharges from July 2026, potentially saving consumers $1.2 billion annually but forcing banks to likely reduce credit card rewards programs due to a decrease in interchange fees, impacting airline loyalty point earners.

Progress

40% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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Bafin Lowers German Real Estate Loan Risk Surcharge Amid Market Recovery

Germany's financial regulator, Bafin, lowered the risk surcharge for real estate loans from 2 percent to 1 percent on October 26, 2023, reflecting a stabilizing housing market but acknowledging persistent economic uncertainties and a housing shortage of over 300,000 units annually.

Progress

36% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Bafin Lowers Capital Buffer for German Residential Mortgages

Germany's Bafin lowered the capital buffer for residential real estate loans from 2 percent to 1 percent due to a cooling housing market, potentially leading to lower mortgage rates for consumers; however, economic uncertainties persist.

Progress

36% Bias Score

Reduced Inequality
mk.ru
🌐 75% Global Worthiness
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Russia to Mandate Parental Consent for Teen Bank Accounts

The Russian State Duma will review a bill in May 2025 mandating parental consent for bank accounts of 14-18 year olds, prompted by over 75 billion rubles in fraudulent transactions involving minors in 2023-2024 and concerns from the Bank of Russia.

Progress

40% Bias Score

Reduced Inequality

Showing 1 to 12 of 27 results