Tag #Financial Regulation

Showing 13 to 24 of 181 results

nbcnews.com
🌐 85% Global Worthiness
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JPMorgan Allows Bitcoin Purchases Despite CEO's Skepticism

JPMorgan Chase announced it will allow clients to buy Bitcoin, despite CEO Jamie Dimon's continued criticism of the cryptocurrency, marking a significant step for the largest U.S. bank and highlighting the growing mainstream acceptance of Bitcoin.

Progress

52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Declining Pension Trust Prompts Call for Switching Guarantee

A survey shows declining consumer trust in the pensions industry due to complex documents, frequent regulatory changes, and slow pension transfers; a campaign is pushing for a 10-day switching guarantee.

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56% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Canaccord Genuity to Pay $2.8 Million for Gatekeeper Rule Violations

Canada's investment regulator, CIRO, fined Canaccord Genuity Inc. over $2.8 million for failing to act as a gatekeeper, continuing business with Crito Capital LLP despite red flags and SEC allegations against its principal, Stuart Jeffery, between 2021 and 2023.

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40% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
🌐 75% Global Worthiness
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CIRO Seeks to Allow All Investment Advisors to Use Personal Corporations for Compensation

CIRO proposes allowing all investment advisors to use personal corporations for compensation, requiring changes to provincial securities legislation and potentially impacting tax regulations; the plan faces implementation challenges due to varying provincial regulations and the need for federal tax ...

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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ASIC Sues Macquarie Group for Failing to Report Billions in Short Sales

Australia's corporate regulator, ASIC, launched a second legal action against Macquarie Group this week, alleging the $82 billion financial giant failed to report 73 million to 1.5 billion short sales between 2009 and 2024 due to systemic issues, highlighting potential widespread failures within the...

Progress

56% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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ASIC Sues Macquarie Group for Underreporting $1.5 Billion in Short Sales

ASIC is suing Macquarie Group for misleading conduct due to the underreporting of 73 million to 1.5 billion short sales between 2009 and 2024, marking ASIC's first short-sale reporting case and the fourth regulatory action against Macquarie in 12 months.

Progress

48% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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€2 Billion in Greek Mortgages Return to Banks

Approximately €2 billion in previously sold Greek mortgage loans are returning to banks like National Bank and Eurobank after three years of consistent repayment by borrowers, facilitated by doValue, offering upfront debt reduction and new financing.

Progress

40% Bias Score

No Poverty
smh.com.au
🌐 75% Global Worthiness
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Australian Superannuation Faces Rising Costs, Recommends Mergers

Rising costs, cyberattacks, and lawsuits over delayed insurance claims are impacting Australia's $4.2 trillion superannuation sector; KPMG suggests mergers as a solution, with mega funds growing and not-for-profit industry funds now holding 40% of the market.

Progress

44% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
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Dutch Government Launches Campaign Against "Buy Now, Pay Later" Risks

The Dutch government is combating the rise of "buy now, pay later" services among young people by launching an awareness campaign, while stricter regulations are expected from the EU next year. A court case against Klarna highlights the current shortcomings.

Progress

52% Bias Score

No Poverty
smh.com.au
🌐 85% Global Worthiness
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ASIC Sues Macquarie Bank for Alleged 14-Year Misreporting of Short Sales

ASIC is suing Macquarie Bank for allegedly misreporting the number of short sales traded over 14 years, following multiple regulatory actions in the past year; the potential fine could exceed $700 million.

Progress

52% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 85% Global Worthiness
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Spanish Bank Tax Inflates Q1 2025 Profits by €1.1 Billion

Spain's revised bank tax, implemented with monthly payments and a tiered system, resulted in a €1.1 billion profit increase for the six largest banks in Q1 2025 compared to the same period in 2024, although this effect is expected to diminish over the year.

Progress

52% Bias Score

Reduced Inequality
faz.net
🌐 85% Global Worthiness
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Dax Crash Exposes German Brokerage System Failures

Following the largest Dax crash in history on April 7th, hundreds of German investors reported being unable to access their online brokerage accounts due to system failures at numerous banks and brokers, prompting BaFin to launch a market-wide investigation into IT infrastructure and resilience, whi...

Progress

44% Bias Score

Responsible Consumption and Production

Showing 13 to 24 of 181 results