The Financial Technology Protection Act (H.R. 2384) was one of 12 financial services bills passed this week by the House of Representatives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The United Kingdom’s Financial Conduct Authority is inviting U.K. and Swiss firms to express their interest in providing cross-border services as part of a new agreement that will make it easier for these firms to do business in the two countries. Get the Full Story...
The European Commission reportedly does not plan to charge Big Tech companies a fee to cover the cost of monitoring their compliance with the Digital Markets Act, though some European lawmakers have lobbied for such a fee. Get the Full Story Complete the form to unlock this article...
The European Commission is reportedly likely to accept Apple’s changes to its App Store rules and fees, eliminating the threat of daily fines from the antitrust regulator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Treasury Department plans to delay for two years the implementation of a new anti-money laundering rule focused on investment advisers while one of its bureaus, the Financial Crimes Enforcement Network (FinCEN), revisits the scope of the rule. Get the Full Story Complete the form...
The Federal Reserve Board proposed Thursday (July 10) that it revise its supervisory rating framework for large bank holding companies to allow those with a “Deficient-1” rating to be considered “well managed.” Get the Full Story Complete the form to unlock this article and enjoy...
The U.S. Senate voted Thursday (July 10) to confirm the nomination of Jonathan Gould to be comptroller of the currency for a five-year term. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The United Kingdom’s Financial Conduct Authority shuttered over 1,600 websites last year suspected of promoting financial services without permission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
The Financial Stability Board, a global financial watchdog, is calling for greater oversight of the multitrillion-dollar shadow banking sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...