Tag #Financial Regulation

Showing 61 to 72 of 246 results

cincodias.elpais.com
🌐 85% Global Worthiness
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BBVA to Acquire Sabadell, Creating Spain's Second-Largest Bank Network

BBVA plans to acquire Sabadell, creating Spain's second-largest bank branch network with approximately 2,700 offices after closing 300, pending government approval contingent on commitments to the CNMC to prevent financial exclusion in specific areas.

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52% Bias Score

Reduced Inequality
us.cnn.com
🌐 85% Global Worthiness
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CFPB Enforcement Director Resigns, Citing Trump Administration's Weakening of Agency

Cara Petersen, the CFPB's acting enforcement director, resigned on Tuesday, criticizing the Trump administration's efforts to weaken the agency's consumer protection enforcement; this follows the dismissal of cases against multiple companies and attempts to lay off a significant portion of the agenc...

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52% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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APRA Mandates Cybersecurity Overhaul for Australian Super Funds After $750,000 Cybertheft

In March 2024, coordinated cyberattacks targeting major Australian super funds, including AustralianSuper, resulted in approximately $750,000 being stolen from AustralianSuper members via credential stuffing, prompting APRA to mandate improved cybersecurity measures across the industry.

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20% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Supreme Court Upholds FINRA, but Bill Seeks Regulatory Shift

The Supreme Court rejected Alpine Securities' challenge to FINRA's constitutionality, but a new bill proposes transferring FINRA's regulatory functions to the SEC, prompting debate over the optimal balance between industry self-regulation and direct government oversight.

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52% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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NatWest Privatization Results in £10.5bn Loss for UK Taxpayers

The UK government has completed the sale of its remaining stake in NatWest, incurring a £10.5bn loss 17 years after a £46bn bailout, prompting debate about post-crisis banking regulations.

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48% Bias Score

Reduced Inequality
politico.eu
🌐 75% Global Worthiness
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UK Consumers Embrace BNPL Amid Cost-of-Living Crisis, Anticipating Regulation

A Clearpay study of 3,000 UK adults shows rising BNPL use due to cost-of-living pressures, with families using it for children's activities and big purchases; 71 percent support regulation, expected by early 2026, believing it will improve consumer protection and boost retail spending.

Progress

40% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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Private Equity in 401(k)s: Low Adoption, Regulatory Changes, and Systemic Risks

As of November 2024, only 2.4% of 401(k) plans offer private equity investments due to legal concerns, lack of transparency, and illiquidity; however, regulatory changes may increase access, despite risks like potential liquidity crises.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Proposed Weakening of Sarbanes-Oxley Act Regulations Raises Concerns

The Trump administration seeks to weaken Sarbanes-Oxley Act regulations, despite evidence suggesting that stricter regulations, such as the creation of the PCAOB, correlate with increased corporate profits and improved audit quality, as seen in a decrease in the aggregate deficiency rate from 34% in...

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52% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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GENIUS Act Faces Criticism for Stifling Stablecoin Innovation

The GENIUS Act, a Senate bill regulating stablecoins, is criticized for potentially stifling innovation by restricting issuers and creating a multi-agency review committee, contradicting Vice President Vance's recent call for less government intervention in the economy; critics argue for a simpler f...

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56% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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US Court Freezes \$280 Million in \$Libra Cryptocurrency Scam Profits

A US court froze \$280 million in profits from the \$Libra cryptocurrency, promoted by Argentine President Javier Milei, after a lawsuit alleged it was a scam that defrauded roughly 75,000 investors. The cryptocurrency's value spiked and then collapsed after Milei's promotion.

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60% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Pension Funds' Shift Away From Domestic Equities Prompts Government Intervention

The UK's pension fund investment in UK equities has plummeted to 4.4 percent, prompting government intervention to redirect billions toward domestic infrastructure and startups, despite concerns about the potential infringement on fiduciary duty.

Progress

60% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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£1 Billion at Risk in UK Car Loan Data Deletion Scandal

UK consumers risk losing £1 billion in compensation due to deleted data on inflated car loans, following an FCA investigation into unlawful commission arrangements; a Supreme Court ruling is awaited, potentially triggering a massive redress scheme.

Progress

48% Bias Score

Reduced Inequality

Showing 61 to 72 of 246 results