Showing 73 to 84 of 181 results
CFPB Weakening Raises Consumer Protection Concerns
The Trump administration's attempt to weaken the Consumer Financial Protection Bureau (CFPB) has raised concerns about consumer protection, though experts say a repeat of the 2008 financial crisis is unlikely due to stricter regulations. The CFPB has returned $19.7 billion to 195 million consumers.
CFPB Weakening Raises Consumer Protection Concerns
The Trump administration's attempt to weaken the Consumer Financial Protection Bureau (CFPB) has raised concerns about consumer protection, though experts say a repeat of the 2008 financial crisis is unlikely due to stricter regulations. The CFPB has returned $19.7 billion to 195 million consumers.
Progress
52% Bias Score
FCA Investigates Mis-Sold Car Finance, Potentially Costing Lenders Hundreds of Millions
The UK's Financial Conduct Authority (FCA) investigates potential mis-selling of car finance, potentially costing lenders hundreds of millions in compensation due to brokers incentivized to place customers on higher interest rates before a 2021 ban.
FCA Investigates Mis-Sold Car Finance, Potentially Costing Lenders Hundreds of Millions
The UK's Financial Conduct Authority (FCA) investigates potential mis-selling of car finance, potentially costing lenders hundreds of millions in compensation due to brokers incentivized to place customers on higher interest rates before a 2021 ban.
Progress
48% Bias Score
Bafin Finds Deficiencies in German Certificate Sales
The German financial regulator Bafin found deficiencies in the sale of certificates by banks and savings banks, noting insufficiently defined customer groups and market conditions for some products; around 20% of customers lacked full understanding of express certificates risks, resulting in over €3...
Bafin Finds Deficiencies in German Certificate Sales
The German financial regulator Bafin found deficiencies in the sale of certificates by banks and savings banks, noting insufficiently defined customer groups and market conditions for some products; around 20% of customers lacked full understanding of express certificates risks, resulting in over €3...
Progress
40% Bias Score
BaFin Probes Bayer's Disclosure of €8.4 Billion Capital Increase Plan
Germany's BaFin is investigating whether Bayer adequately disclosed plans for a potential €8.4 billion capital increase before its announcement caused a 10% share price drop last Friday; the probe examines market manipulation, insider trading, and ad-hoc disclosure violations.
BaFin Probes Bayer's Disclosure of €8.4 Billion Capital Increase Plan
Germany's BaFin is investigating whether Bayer adequately disclosed plans for a potential €8.4 billion capital increase before its announcement caused a 10% share price drop last Friday; the probe examines market manipulation, insider trading, and ad-hoc disclosure violations.
Progress
48% Bias Score
UK Scam Investigation Exposes Systemic Failures in Consumer Protection
A recent investigation uncovered a sophisticated call center scam in the UK, using deepfakes and targeting 6,000 people, highlighting systemic failures in consumer protection across banks, payment firms, and technology companies.
UK Scam Investigation Exposes Systemic Failures in Consumer Protection
A recent investigation uncovered a sophisticated call center scam in the UK, using deepfakes and targeting 6,000 people, highlighting systemic failures in consumer protection across banks, payment firms, and technology companies.
Progress
36% Bias Score
APRA Overhauls Financial Institution Governance
APRA proposes a 10-year term limit for non-executive directors, independent triennial board reviews, and stricter fit-and-proper tests for financial institutions' board members, aiming to improve corporate governance following numerous scandals and highlighting 80% of entities under scrutiny had gov...
APRA Overhauls Financial Institution Governance
APRA proposes a 10-year term limit for non-executive directors, independent triennial board reviews, and stricter fit-and-proper tests for financial institutions' board members, aiming to improve corporate governance following numerous scandals and highlighting 80% of entities under scrutiny had gov...
Progress
32% Bias Score
Weakened CFPB Raises Concerns of Future Financial Abuses
The Trump administration's efforts to curtail the Consumer Financial Protection Bureau (CFPB)'s operations raise concerns about potential future financial abuses, despite stricter regulations than before the 2008 crisis; the agency delivered $19.7 billion in consumer relief to 195 million people sin...
Weakened CFPB Raises Concerns of Future Financial Abuses
The Trump administration's efforts to curtail the Consumer Financial Protection Bureau (CFPB)'s operations raise concerns about potential future financial abuses, despite stricter regulations than before the 2008 crisis; the agency delivered $19.7 billion in consumer relief to 195 million people sin...
Progress
44% Bias Score
FCA scraps transparency reforms after City lobbying
The UK's Financial Conduct Authority (FCA) scrapped plans to increase transparency in investigations following lobbying from City firms; the regulator will retain the restrictive "exceptional circumstances" rule, despite concerns raised by consumer groups and the British Steel pension scandal.
FCA scraps transparency reforms after City lobbying
The UK's Financial Conduct Authority (FCA) scrapped plans to increase transparency in investigations following lobbying from City firms; the regulator will retain the restrictive "exceptional circumstances" rule, despite concerns raised by consumer groups and the British Steel pension scandal.
Progress
56% Bias Score
ASIC Sues AustralianSuper for Delayed Death Benefit Payouts
ASIC is suing AustralianSuper, a \$400 billion superannuation fund, for allegedly delaying 7,000 death benefit claims between 2019 and 2024, with one claim taking four years to process due to insufficient oversight and inefficient systems, prompting internal reviews and compensation payouts.
ASIC Sues AustralianSuper for Delayed Death Benefit Payouts
ASIC is suing AustralianSuper, a \$400 billion superannuation fund, for allegedly delaying 7,000 death benefit claims between 2019 and 2024, with one claim taking four years to process due to insufficient oversight and inefficient systems, prompting internal reviews and compensation payouts.
Progress
48% Bias Score
BVR Tightens Rules After €500 Million in Cooperative Bank Restructuring Costs
Following nearly €500 million in risk exposure across three banks in 2023, the German cooperative banking association (BVR) is strengthening its joint rescue network by increasing oversight and implementing stricter regulations on risk management to ensure the stability of the sector.
BVR Tightens Rules After €500 Million in Cooperative Bank Restructuring Costs
Following nearly €500 million in risk exposure across three banks in 2023, the German cooperative banking association (BVR) is strengthening its joint rescue network by increasing oversight and implementing stricter regulations on risk management to ensure the stability of the sector.
Progress
40% Bias Score
CFPB Dismantling: Increased Financial Risk for Vulnerable Communities
The swift dismantling of the Consumer Financial Protection Bureau (CFPB) under new leadership, beginning February 1, 2024, has halted enforcement actions, withdrawn lawsuits against major banks, and raised concerns about increased financial risk for vulnerable communities, potentially mirroring the ...
CFPB Dismantling: Increased Financial Risk for Vulnerable Communities
The swift dismantling of the Consumer Financial Protection Bureau (CFPB) under new leadership, beginning February 1, 2024, has halted enforcement actions, withdrawn lawsuits against major banks, and raised concerns about increased financial risk for vulnerable communities, potentially mirroring the ...
Progress
56% Bias Score
FCA Failed to Investigate Staley-Epstein Ties Initially, Later Bans Staley
Following assurances from Barclays Chair Nigel Higgins in August 2019 that Jes Staley had "no particular relationship" with Jeffrey Epstein, the FCA did not immediately investigate, but later banned Staley in 2023 after discovering a close personal and professional relationship between Staley and Ep...
FCA Failed to Investigate Staley-Epstein Ties Initially, Later Bans Staley
Following assurances from Barclays Chair Nigel Higgins in August 2019 that Jes Staley had "no particular relationship" with Jeffrey Epstein, the FCA did not immediately investigate, but later banned Staley in 2023 after discovering a close personal and professional relationship between Staley and Ep...
Progress
44% Bias Score
Showing 73 to 84 of 181 results