Regulator

State Regulator Closes Silicon Valley Bank and Appoints FDIC Receiver
State Regulator Closes Silicon Valley Bank and Appoints FDIC Receiver
March 10, 2023  |  Digital-First Banking

Silicon Valley Bank has been taken over and closed by a state financial regulator. The California Department of Financial Protection and Innovation (DFPI) took possession of the...

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US Treasury Tells Banks To Treat Hemp Businesses Like Any Other
US Treasury Tells Banks To Treat Hemp Businesses Like Any Other
July 05, 2020  |  Retail

The nation’s marijuana regulator has told financial institutions to treat the $500 million hemp businesses the same way they would any other businesses. In updated...

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Source: German Regulators Failed To Take Action On Wirecard Red Flags
Source: German Regulators Failed To Take Action On Wirecard Red Flags
June 29, 2020  |  Bank Regulation

Numerous regulators had discussions over the years about tightening supervision on Wirecard or adding it to a list of potential subjects for more investigations, but...

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European Union To Investigate German Regulator Over Wirecard
European Union To Investigate German Regulator Over Wirecard
June 26, 2020  |  Security & Fraud

The Wirecard scandal surrounding the German payment processor missing $2.1 billion has spilled over the border to Belgium. Brussels is seeking an investigation into the...

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Microsoft Calls For Antitrust Reviews Of App Stores
Microsoft Calls For Antitrust Reviews Of App Stores
June 19, 2020  |  Apple

Microsoft’s Brad Smith, taking a subtle hit at Apple’s App Store, called for regulators to look into possible antitrust violations over the way companies are...

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China Regulator Gives Nod To Goldman JV’s
China Regulator Gives Nod To Goldman JV’s
March 27, 2020  |  Investments

The China Securities Regulatory Commission has given final regulatory approval to Goldman Sachs and Morgan Stanley to assume majority stakes in joint securities ventures in...

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India’s Proposed eCommerce Rules Will Force Big Tech To Turn Over Data 
India’s Proposed eCommerce Rules Will Force Big Tech To Turn Over Data 
March 20, 2020  |  eCommerce

India is making a move to tighten controls on big tech companies like Amazon and require them to turn over data and other requested information...

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Airbnb Supports EU Regulator For Digital Platforms
Airbnb Supports EU Regulator For Digital Platforms
January 29, 2020  |  International

On the heels of a landmark case in the European Union that would classify it as a digital platform, Airbnb said in a blog post...

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Russian Regulator Launches Booking.com Probe
Russian Regulator Launches Booking.com Probe
December 30, 2019  |  ANTITRUST

The Federal Antimonopoly Service (FAS) in Russia has opened a probe into hospitality and reservation site Booking.com over anti-competition issues, according to a report by...

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