Tag #Financial Regulation

Showing 241 to 246 of 246 results

cbsnews.com
🌐 85% Global Worthiness
News related image

CFPB Caps Bank Overdraft Fees at $5, Saving Consumers $5 Billion Annually

The CFPB issued a rule limiting bank overdraft fees to $5 for banks with over $10 billion in assets, aiming to save consumers $5 billion annually and curb excessive fees.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

UK Court Ruling on Car Loan Commissions Sparks £30bn Compensation Crisis

A UK court ruling declared undisclosed dealer commission on car loans illegal, prompting mass claims and potentially costing lenders up to £30bn in compensation, while claims management companies and law firms stand to profit immensely.

Progress

40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
News related image

Atkins' SEC Appointment: Potential Shift in Financial Regulation

Paul Atkins, a former SEC official with a crypto-friendly stance, will replace Gary Gensler as SEC Chair on January 20, 2025, potentially leading to a less stringent regulatory environment.

Progress

48% Bias Score

Reduced Inequality
nrc.nl
🌐 75% Global Worthiness
News related image

"Heinen to Privatize Volksbank Despite Potential Parliamentary Opposition"

"Dutch Finance Minister Eelco Heinen plans to privatize Volksbank despite parliamentary opposition, arguing that state ownership doesn't guarantee public banking services and could harm Volksbank's competitiveness, potentially leading to further branch closures and job cuts."

Progress

48% Bias Score

Reduced Inequality
zeit.de
🌐 85% Global Worthiness
News related image

Hamburg's Insufficient Staffing Fails to Investigate Millions in Potential Tax Losses

The Hamburg Finance Authority's insufficient staffing, revealed in a parliamentary investigation, failed to properly investigate millions of euros in potential tax losses from HSH Nordbank's Cum-Ex and Cum-Cum transactions; this raises concerns about systemic failures in tax enforcement.

Progress

52% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
News related image

Meta Tightens Rules on Scam Ads Targeting Australians

Meta announced new rules requiring Australian financial advertisers on Facebook and Instagram to verify their identity and provide licensing information to combat widespread scam ads; the changes will be fully implemented by February 2024.

Progress

36% Bias Score

Showing 241 to 246 of 246 results