Regulator

Singapore Mulls Issuing Digital-Only Bank Licenses

Singapore Mulls Issuing Digital-Only Bank Licenses
Singapore Mulls Issuing Digital-Only Bank Licenses
May 07, 2019  |  Banking

Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), is in talks about letting online banks operate in the city. Get the Full Story Complete...

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UK Gives Green Light To PayPal/iZettle Deal
UK Gives Green Light To PayPal/iZettle Deal
April 30, 2019  |  Partnerships

PayPal’s acquisition of iZettle is getting closer to completion after U.K.’s competition regulator dropped its opposition to the $2.2 billion deal. Get the Full Story...

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Bitcoin Futures Rollout In Jeopardy
Bitcoin Futures Rollout In Jeopardy
March 22, 2019  |  Bitcoin

Intercontinental Exchange (ICE)’s plans to launch bitcoin futures in November of last year have been delayed because of regulators. Get the Full Story Complete the...

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Regulator: Nordic Banks Embroiled In AML Scandals Should Stay
Regulator: Nordic Banks Embroiled In AML Scandals Should Stay
March 14, 2019  |  AML

The head of the Financial Supervisory Authority (FSA) in Finland has warned that Nordic banks involved in money laundering scandals should be measured in their...

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Yes Bank’s Statement On RBI’s Audit May Have Mislead
Yes Bank’s Statement On RBI’s Audit May Have Mislead
February 18, 2019  |  Bank Regulation

Yes Bank is facing criticism by the Reserve Bank of India, which contends disclosures from an audit report were released in an effort to mislead the...

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Twitter Data Breach Prompts GDPR Investigation
Twitter Data Breach Prompts GDPR Investigation
January 25, 2019  |  Cybersecurity

The Irish Data Protection Commissioner (DPC) is Twitter’s lead regulator in the European Union. On Friday (Jan. 25), the DPC said it was again looking...

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UK Banks Make $3.03B In 2017 Overdraft Fees
UK Banks Make $3.03B In 2017 Overdraft Fees
December 18, 2018  |  Legal & Regulation

The Financial Conduct Authority (FCA) announced Tuesday (Dec. 18) that U.K. banks made more than $3.03 billion from charging overdraft fees last year. Get the...

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UK Reg Tackles Authorized Push Payment Fraud
UK Reg Tackles Authorized Push Payment Fraud
December 14, 2018  |  Legal & Regulation

In an effort to help authorized push payment (APP) fraud victims, The U.K.’s Financial Conduct Authority (FCA) unveiled new rules on Friday (Dec. 14). As...

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