Topic: Banking regulators

The US securities regulator is set to apply heavier disclosure restrictions to special purpose acquisition companies, issuing a clutch of measures that a dissenting commissioner has warned will reduce SPAC transactions to just another form of IPO.

31 March 2022

The United States’ federal deposit insurer has drafted its climate risk management principles for big banks.

31 March 2022

The financial regulator of the Abu Dhabi Global Market will develop what it calls the "world's first" regulated carbon credit trading exchange and clearing house, as its EU and Hong Kong counterparts place renewed emphasis on carbon markets.

30 March 2022

The European Central Bank has finalised its rules on how regulators should exercise the more than 100 supervisory options and discretions granted them under the CRR II-CRD V legislative package.

30 March 2022

The UK’s competition regulator will cede control of its open banking unit to the Financial Conduct Authority, following criticisms of its governance and a bullying scandal last year.

29 March 2022

Cyprus-based RCB, until recently part-owned by Russia’s VTB, is planning to wind down its operations, the first European bank with Russian links to make the voluntary move since Russia’s invasion of Ukraine.

24 March 2022

The global securities regulators’ association has called for an expanded regulators’ “toolkit” for dealing with emerging issues including gamification, which it says an “overwhelming majority” of its members are struggling to deal with.

23 March 2022

Tony Brown, head of compliance and money laundering reporting officer of IFX Payments, argues that regulatory staff need to be upskilled to make regulation work for the fintech industry.

23 March 2022

The European Parliament has voted to advance a cryptocurrency bill without a clause that would have banned proof-of-work mechanisms, and called for digital assets to be dealt with in the EU’s sustainable taxonomy.

21 March 2022

Cayman Islands crypto exchange Binance has obtained crypto-asset licences from Dubai’s newly-established crypto regulator and the Central Bank of Bahrain.

21 March 2022