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SEC

SEC starts sweep of exams on T+1 compliance at investment adviser firms

July 26, 2024

Several registered investment advisers have received examination letters related to T+1 settlement compliance.

Julie DiMauro2 min read
US State Regulation

Department of the Treasury criticizes Florida’s anti-ESG law

July 26, 2024

The US Department of the Treasury criticized a bill signed by Florida’s Governor Ron DeSantis prohibiting banks from refusing to deal with customers due to their beliefs or business type.

Alexander Barzacanos2 min read
Supervision

FTC investigates whether surveillance pricing boosts costs for consumers

July 26, 2024

Surveillance pricing, dynamic pricing or price optimization – whatever it is being called, the FTC is talking a closer look.

Julie DiMauro3 min read
Regulation

King’s Speech: What now for the Football Governance Bill?

July 26, 2024

Groundbreaking proposals to independently regulate soccer in England are back on the agenda. We look at the detail.

Martin Cloake5 min read

Article

July 22, 2024 3 min read

Lessons on resilience as tech outage creates global disruption

A faulty code resulted in one of the most widespread tech outages in recent years for companies using Windows.

ComplianceMore on Compliance

Reporting

How Citi’s error-riddled loan reports led to a $136mn fine

July 25, 2024

Penalty shows how chief executive Jane Fraser is struggling to resolve chronic issues plaguing the bank.

The Financial Times3 min read
Enforcement

SEC launches Interagency Securities Council

July 23, 2024

The new group seeks to spearhead interagency coordination in tackling growing fraud.

Alexander Barzacanos1 min read
Enforcement

BT fined over ‘catastrophic failure’ of UK emergency call services

July 23, 2024

Telco found to be unprepared for disruption, with human error compounding systems failure that lasted over 10 hours.

Martin Cloake2 min read
Enforcement

FINRA disciplinary action update 2024/28

July 23, 2024

Disciplinary decisions issued July 13 – 19, 2024.

Thomas Hyrkiel1 min read

More on Compliance

DataMore on Data

Privacy

13 million MediSecure customers’ data compromised in ransomware attack

July 26, 2024

Personal and sensitive information such as prescription medication details was stolen by a malicious actor in a ransomware attack earlier this year.

Martina Lindberg1 min read
Data

TracFone to pay $16m to settle investigation of data protection failures

July 25, 2024

The Verizon owned company failed to keep customer data safe during three breaches.

Martina Lindberg1 min read
Privacy

Could the Ashley Madison data breach happen today?

July 24, 2024

The mass data breach of the infamous Ashley Madison website offers insight into data privacy and cybersecurity.

Alice Wallbank | Shoosmiths5 min read
Privacy

Meta fined $220m for violating consumer laws and data protection rights in Nigeria

July 24, 2024

The company was found engaging in repeated conduct of “abusive, and invasive practices” against users in Nigeria.

Martina Lindberg2 min read

ESG

European authorities issue slew of reports on greenwashing in the financial sector

July 18, 2024

Publications investigate supervision and the mitigation of greenwashing risks.

CMS7 min read
ESG

Book review: Saving Ourselves offers insights into bold action on climate

July 5, 2024

Ever-optimistic, author Dana Fisher offers an insight into what we can learn from other social movements to open doors to more effective climate action.

Julie DiMauro4 min read
ESG

CS3D signals major development in global ESG policy

July 4, 2024

EU Sustainability Due Diligence regulation exports EU ESG standards as it moves to green transition

Parvez Khan | Forward Global, Iftekhar Jonaed | South Global Partners5 min read
ESG

TNFD publishes new guidance for financial institutions and adoption stats

July 4, 2024

The new guidance will assist companies in applying the TNFD recommendations to report on nature-related risks.

Jean Hurley1 min read

RegulationMore on Regulation

FCA

FCA takes Bluecrest redress scheme case back to court after tribunal rebuke

July 25, 2024

Regulator argues judges made errors in deciding to block its plans.

Martin Cloake1 min read
Regulation

Lower court to rehear ESG rule challenge, thanks to Chevron’s demise

July 24, 2024

US appeals court directs a lower court to reconsider a lawsuit challenging a DOL rule involving ESG factors.

Julie DiMauro3 min read
Enforcement

SEC launches Interagency Securities Council

July 23, 2024

The new group seeks to spearhead interagency coordination in tackling growing fraud.

Alexander Barzacanos1 min read
FINRA

FINRA releases 2024 Industry Snapshot as enforcement decline prompts criticism

July 23, 2024

2023: Slightly more representatives and much fewer enforcement actions.

Alexander Barzacanos1 min read

More on Regulation

TechnologyMore on Technology

Technology

One third of UK adults now using mobile contactless payments

July 26, 2024

UK Finance has published its latest Payment Markets Report.

Jean Hurley4 min read
Technology

AML RegTech: What question is the current system answering?

July 25, 2024

Dr Mariola Marzouk and Dr Nicholas Gilmour explain the emergence of AML Regtech and ask if it is delivering on its promises.

Dr Mariola Marzouk | Vortex Risk, Dr Nicholas Gilmour | Vortex Risk5 min read
Fintech

Synapse bankruptcy leads to fintech user woes

July 25, 2024

Collapse of fintech intermediary raises serious questions about the fintech ecosystem.

Thomas Hyrkiel5 min read
Security

King’s Speech: What’s in the UK’s proposed Cyber Security and Resilience Bill?

July 25, 2024

The Bill is intended to bolster and improve the data protection framework in the UK.

David Varney | Burges Salmon2 min read

More on Technology