bank regulations

EU Says Proposed Cross-Border Banking Rules Target ‘Core’ Services

EU Says Proposed Cross-Border Banking Rules Target ‘Core’ Services
EU Says Proposed Cross-Border Banking Rules Target ‘Core’ Services
December 26, 2021  |  Bank Regulation

The EU is cracking down on the ability for banks outside the EU to sell services to the bloc, with a focus on “core banking.”...

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China’s Central Bank Cuts Some Fees Affecting Small Businesses
China’s Central Bank Cuts Some Fees Affecting Small Businesses
June 27, 2021  |  B2B Payments

A group of Chinese regulatory bodies and the country’s central bank jointly announced Friday that effective Sept. 30 they will reduce fees totaling about $3.7...

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Bitcoin Daily: India Mulls Banning All Private Cryptocurrencies; Kraken, Coinbase Report Outages From Market Volatility
Bitcoin Daily: India Mulls Banning All Private Cryptocurrencies; Kraken, Coinbase Report Outages From Market Volatility
January 31, 2021  |  Bitcoin

India is looking into a new bill that could ban private cryptocurrencies in favor of a national digital coin, a report says. Get the Full...

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Today In Payments: OCC Says Banks Can’t Hide Under Cover Of COVID; Smartphone Demand Slips 16 Pct In China
Today In Payments: OCC Says Banks Can’t Hide Under Cover Of COVID; Smartphone Demand Slips...
July 13, 2020  |  News

In today’s top news, the OCC says bank regulation waivers will not continue indefinitely, and smartphone sales have dropped 16 percent in China. Plus, 80...

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Fed Temporarily Eases Wells Fargo’s Growth Limits To Assist SMBs
Fed Temporarily Eases Wells Fargo’s Growth Limits To Assist SMBs
April 08, 2020  |  Legal & Regulation

Wells Fargo is getting a break thanks to the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Singapore Loosens Banking Rules Amid COVID-19 Economic Turmoil
Singapore Loosens Banking Rules Amid COVID-19 Economic Turmoil
April 07, 2020  |  Bank Regulation

The Monetary Authority of Singapore (MAS) said on Tuesday (April 7) that it will allow banks more leeway with regulatory requirements and programs so that...

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UK Regulators Call For Backup Plans Following Bank IT Glitches
UK Regulators Call For Backup Plans Following Bank IT Glitches
December 05, 2019  |  Bank Regulation

U.K. regulators on Thursday (Dec. 5) called on banks and payment firms to set “impact tolerances” for important services after numerous IT failures last year,...

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