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ESG

CFTC issues final guidance for listing voluntary carbon credit derivatives

October 9, 2024

It is hoped that this Final Guidance will encourage the trading of VCCs and VCC-linked derivatives which in turn will help offset carbon emissions.

Carl E. Kennedy | Katten2 min read
FCA

Deep market engagement needed in the face of accelerating change says FCA chief Nikhil Rathi

October 9, 2024

Freeing up capital, increasing liquidity and shifting from reactive to proactive regulation were all identified as key to addressing ‘predictable volatility’.

Thomas Hyrkiel2 min read
Crypto

Crypto.com files suit against SEC after getting Wells Notice

October 9, 2024

In the lawsuit, Crypto.com alleges that the SEC invented the term Crypto Asset Security to expand its jurisdiction over the digital asset industry.

Julie DiMauro2 min read
Enforcement

Adviser fined $10k for moving funds without proper authorization

October 9, 2024

Move was sparked by fears of collapse in the wake of Silicon Valley Bank failure.

Alexander Barzacanos1 min read

Article

October 1, 2024 2 min read

CFTC charges CHS Hedging with audio comms recordkeeping lapses, trade issues

As a registered futures commission merchant CHS was required to make and keep these audio recordings for not less than one year.

ComplianceMore on Compliance

Enforcement

Agencies bring civil, criminal charges for firm’s massive carbon credit frauds

October 8, 2024

By manipulating data, QCQ Impact Investors was able to accumulate millions more in carbon credits than otherwise allowed.

Alexander Barzacanos3 min read
Enforcement

FCA confirms extension to automobile finance complaint handling pause, but not everyone agrees

October 8, 2024

Parvez Khan of IPK European Strategy argues the pause may frustrate claims.

Jean Hurley4 min read
Compliance

Staying on top of the board: The importance of board evaluation

October 7, 2024

How an independent board evaluation can help a company to capitalize on what it’s doing right and correct where it may be going wrong.

Alison Dodd | Bovill Newgate3 min read
Enforcement

What can be learned from the SFO and ENRC saga

October 7, 2024

The UK SFO’s bungled investigation into Kazakh mining operation ENRC offers lessons for financial compliance professionals.

Tony McClements | Martin Kenney & Co3 min read

More on Compliance

DataMore on Data

Privacy

Norway aims to become the world’s most digitized country

October 9, 2024

A new strategy from the government sets out clear goals for the “digital Norway of the future.”

Martina Lindberg2 min read
Data

GRIP Extra 2/24

October 4, 2024

This week strikes end on the US East Coast; EU tariffs on Chinese EVs; SEC charges in pre-IPO scheme; another sentence connected to Brazil’s Odebrecht and a Singapore graft investigation resulting in charges against tycoon.

GRIP<1 min read
Privacy

Irish DPC fines Meta €91m for password storage failures

October 4, 2024

Meta Ireland stored social media users passwords in ‘plaintext’ without encryption.

Martina Lindberg1 min read
Data

GRIP Extra 1/24

September 27, 2024

This week an apology from CrowdStrike; a key departure from OpenAI and some economic news from China and Saudi Arabia that may have a global impact.

GRIP<1 min read

ESG

Podcast: Danesmead ESG’s Daniella Woolf and Harriet O’Brien on the evolving nature of ESG

October 2, 2024

We spoke about sustainability and climate reporting in US, UK and EU; the divisive nature of ESG; and the regulatory compliance burden on firms.

Jean Hurley<1 min read
ESG

What you need to know about the new Task Force on Inequality and Social-Related Financial Disclosures

September 19, 2024

Initiative seeks to develop an international framework.

Corinne Tomsett | Danesmead ESG2 min read
ESG

SEC quietly disbands its Climate and ESG Enforcement Task Force

September 16, 2024

Did you know the SEC shut down its Climate and ESG Task Force within its Enforcement Division this summer? Neither did we.

Julie DiMauro1 min read
ESG

Keurig fined $1.5m over its K-cup recyclability claims

September 13, 2024

The SEC said the company failed to disclose that two of the largest US recyclers told Keurig they didn’t intend to accept the coffee pods for recycling.

Julie DiMauro2 min read

RegulationMore on Regulation

Regulation

New UK Regulatory Innovation Office announced – but there’s a financial services gap

October 8, 2024

New office fulfils manifesto commitment, but those hoping for more clarity on who regulates the financial regulators will be disappointed.

Martin Cloake2 min read
US State Regulation

Newsom vetoes historic California AI safety bill

October 4, 2024

The bill would have codified a host of restrictive AI standards. But did it miss the point?

Alexander Barzacanos3 min read
FCA

What are the Consumer Duty impacts across the payments sector value chain?

October 4, 2024

How to demonstrate a positive influence on customer outcomes.

Ben Arram | Bovill Newgate3 min read
Regulation

Ofcom is serious about online safety law, but legal challenges remain

October 3, 2024

Online safety and content moderation are key issues globally. The UK now has a law for it, and regulators are serious about implementing it.

Hameed Shuja2 min read

More on Regulation

TechnologyMore on Technology

Crypto

The Ripple effect: SEC files Notice of Appeal in case against Ripple

October 8, 2024

This lawsuit could set a significant precedent for how digital assets are regulated in the United States.

Jean Hurley2 min read
Crypto

Crypto wrap: Crackdown on Russian exchanges, PayPal goes crypto, plus more

October 8, 2024

Latest from the world of crypto, including stories from the US, UK and elsewhere.

Hameed Shuja2 min read
AI

Safety vs innovation? Unpicking the EU’s approach to AI regulation

October 8, 2024

Is the EU losing the AI race by spending more time and resources on regulating the technology than developing it? We assess the block’s approach.

Hameed Shuja4 min read
Security

Podcast: Rachael Pashkevich Koontz on cybersecurity certifications and cyber audits

October 7, 2024

We spoke about how these certifications and audits are just points in time – but can add greater confidence regarding corporate data security controls.

Julie DiMauro<1 min read

More on Technology