The leader of the global anti-money laundering (AML) task force said he was “optimistic” that it is closer to establishing worldwide standards that apply to...
The Trump administration is laying off 40 staff members at the Office of Financial Research (OFR), an independent bureau that analyzes market trends to detect...
Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech...
The Trump administration might be introducing a new initiative that would restrict investment in U.S. tech firms by Chinese companies, as well as stop tech...
The Treasury Department has recommended that U.S. regulators ease up on penalties for banks that fail to adhere to the Community Reinvestment Act (CRA). The...
The Latvian Defense Ministry is contending that corruption allegations — which resulted in the suspension of a central bank governor on Tuesday (Feb. 20) —...
The U.S. Treasury’s financial crime unit is picking up enforcement of cryptocurrency platforms that don’t have strong internal mechanisms in place to prevent money laundering,...
Industry experts have been anticipating the regulatory crackdown of the alternative lending market for some time. After all, there are far more rules in place...