In an effort to make sure digital payment transactions are regulated in India, the country’s reserve bank has issued a request for digital payments banking platform Paytm Payments Bank to reapply for its license to operate in India. Get the Full Story Complete the form...
A proposal that would have allowed Britain’s finance ministry to overturn decisions made by financial regulators has been removed from a bill that is now moving through Parliament. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Even though nonbanks are just what the name implies, in the eyes of regulators, some say it might be easier to treat them as if they were. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The U.K.’s Competition and Markets Authority (CMA) announced on Tuesday (Nov. 22) that it is ramping up its antitrust investigation of Apple and Google after receiving “widespread support” for the move, first proposed in June. Get the Full Story Complete the form to unlock this...
Four U.S. senators have signed a letter to SoFi Technologies CEO Anthony Noto expressing concerns about the online personal finance company and online bank’s digital asset trading activities and asking if it is working to conform them to U.S. banking law. Get the Full Story...
As it currently stands, the proposed Financial Services and Markets Bill in the U.K. will give the Treasury and Financial Conduct Authority (FCA) a new mandate to protect access to cash services across the country. Get the Full Story Complete the form to unlock this...
In the latest changes to the European Union’s (EU) anti-money laundering (AML) framework, the European Commission (EC) is finalizing the details of a package of proposals to strengthen the block’s ability to counter financial crime. Get the Full Story Complete the form to unlock this...
U.K communications regulator Ofcom is calling for better social media regulations amid concerns about the influence U.S.-based Big Tech firms have on news consumption in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The downfall of crypto trading platform FTX has triggered a worldwide regulatory investigation, and now the U.S. House Financial Services Committee is undertaking a bipartisan hearing on the matter in December. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
