ESMA wants to hear what the securities industry thinks about its new proposals
From: RegTech Analyst The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is thinking of changing the Benchmarks Regulation, the rules that aim...
CDP awards Wordline A- rating for its efforts to minimise its environmental impact
Worldline, the payments and transactional services business, has obtained an A- rating following its first assessment by the CDP, the UK organisation that discloses the environmental impact of companies.
UK regulator FCA begins review on data in wholesale markets and calls for industry...
From: RegTech Analyst The Financial Conduct Authority (FCA) is reviewing the use and value of data and advanced analytics in wholesale financial markets, both now and...
Australian FinTechs divided as regulators allow screen scraping
Screen scraping may be on the way out in Europe, but Australian regulators see no reason to ban it just yet.
Experts say Robinhood class-action lawsuit unlikely after service outage
Robinhood, the commission-free stock-trading app, suffered a service outage earlier this week that left customers furious. However, experts believe users’ threats to take legal action will be difficult to follow up.
Bulgaria viewing to open RegTech sandbox
The finance minister of Bulgaria has announced that the country’s government is looking to launch a RegTech sandbox in Sofia.
Two-thirds of financial firms are unsure if they are compliant when using video conference...
From: RegTech Analyst Even though 90% of financial services and insurance companies are using video, most are uncertain about if they are complying with regulations, according...
Robinhood users furious over “not acceptable” service outage despite founders’ apology
Robinhood’s founders have apologised for its users being unable to tap into their accounts. But angry users snapped back that it's too little, too late to say sorry.
US government body sues Citizens Bank
The Consumer Financial Protection Bureau (CFPB) has sued Citizens Bank for allegedly violating rules about properly managing and responding to credit card disputes.
No, the ECB won’t change its monetary policies because of the coronavirus
A top European Central Bank (ECB) executive has shot down the idea that there is a need to take monetary policy actions because of the coronavirus.