The European Commission has launched a public consultation to gather information for its review of the second EU Payment Services Directive (PSD2). The same day, the EU regulator also published two targeted consultations, one on technical matters related to PSD2 and another on open finance. ...
For the last few months, Gary Gensler, chair of the Securities and Exchange Commission (SEC), has been calling for more regulation and promised to step up enforcement actions to protect investors. Yesterday, he asked Congress to help him fund these efforts. Gensler also explained the...
Crypto asset regulation will be a topic of talk among the Group of Seven, according to French central bank head Francois Villeroy de Galhau, Reuters reported Tuesday (May 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
U.S. Rep. Ritchie Torres, a New York Democrat who sits on the House Financial Services Committee, said New Yorkers should support the cryptocurrency market, CNBC reported Tuesday (May 17) — though reports have him benefiting tremendously from crypto donors. Get the Full Story Complete the...
The Consumer Financial Protection Bureau (CFPB) is looking out for consumers at risk of succumbing to false advertising stemming from misusing the Federal Deposit Insurance Corporation (FDIC) name or logo, a CFPB press release said Tuesday (May 17). Get the Full Story Complete the form...
During the last months, the Consumer Financial Protection Bureau (CFPB) has introduced changes in its procedural rules to be able to tackle its ambitious agenda in a timely manner. Additionally, last month, the agency announced that it would dust off an old rule to investigate...
The Consumer Financial Protection Bureau (CFPB) announced in a Monday (May 16) blog post that it is launching a new initiative to ensure that other agencies with consumer financial protection responsibilities apply the rules in a consistent manner. The CFPB will issue Consumer Financial Protection...
The Consumer Financial Protection Bureau (CFPB) on Monday (May 16) published a report on mortgage services’ responses to the COVID-19 pandemic, saying homeowners “continue to face significant risks and challenges,” based on data collected from 16 large servicers from May to December 2021. Get the...
German financial watchdog BaFin has ordered Deutsche Bank to clarify how its staff uses private messages on WhatsApp for business purposes, part of a worldwide effort to curb the practice of mixing business with personal lives. Get the Full Story Complete the form to unlock...
