Tag #Financial Regulation

Showing 73 to 84 of 246 results

smh.com.au
🌐 85% Global Worthiness
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Australia's Retirement Advice Crisis: A System Failing Everyday Australians

Australia's retirement advice system is failing many, leaving those with up to \$500,000 in superannuation without access to affordable, personalized guidance on crucial retirement decisions; this is due to conflicting interests between super funds, financial advisors, and delayed government reforms...

Progress

56% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Thames Water Bonus Controversy: Conflicting Accounts and Potential Regulatory Intervention

Thames Water's chair claims creditors insisted on £3bn loan-funded executive bonuses, but sources suggest the company initiated them; the government may block these bonuses under new rules, and KKR is in talks to potentially purchase the debt-laden company.

Progress

64% Bias Score

Responsible Consumption and Production
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
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
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
theguardian.com
🌐 75% Global Worthiness
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Cameron in Talks to Join DLA Piper Amidst Past Lobbying Controversies

David Cameron is negotiating a consulting position with DLA Piper, focusing on geopolitical risks, despite past controversies involving lobbying for Greensill Capital and facing scrutiny regarding his status as a politically exposed person.

Progress

48% Bias Score

Reduced Inequality
nbcnews.com
🌐 85% Global Worthiness
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Klarna's Losses Double Amidst Rising BNPL Debt

Klarna's Q1 2024 net losses doubled despite revenue growth, with consumer credit losses surging 17% to $136 million, reflecting a wider trend of increasing BNPL debt and relaxed regulations, coinciding with record U.S. consumer debt.

Progress

48% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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UK introduces new rules to regulate buy now, pay later services

The UK government announced new rules for buy now, pay later services, requiring affordability checks and faster refunds to protect consumers from excessive debt, following a surge in BNPL use (11 million users last year) and concerns about unaffordable borrowing.

Progress

60% 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.

Progress

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.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions
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

Showing 73 to 84 of 246 results