Reports in Reuters on Sunday (November 11) said the U.K. Parliament will commence an inquiry into the nation’s corporate auditing market, which is currently dominated by the Big Four accounting firms Deloitte, PwC, EY and KPMG, adding new pressure on an industry already being probed...
New York State has approved the dollar-linked digital currencies created by Gemini Trust and Paxos Trust, making them the first stablecoins approved by the state’s regulator. Both the Gemini dollar, launched by twins Cameron and Tyler Winklevoss, and the Paxos Standard will be fully collateralized by...
The U.S. Chamber of Commerce is voicing its support for legislation that would ease regulatory burdens for the nation’s community banks in an effort to improve access to funding for small business borrowers. Reports in Small Biz Trends on Sunday (March 11) said the Chamber...
The regulatory rollback may be rolled back. It has been a key aim of the Republican Congress and President Donald Trump’s administration over the past several months, and an explicitly stated goal: to unwind regulations governing the U.S. financial system that have been in place...
