Kenya passes new data protection law to bolster its tech sector
Having already cemented its position as one of the top three nations for FinTech in Africa, Kenya has passed a new law to attract more tech investments.
European Commission eyeing climate risk stress tests for financial firms
The EU is reportedly looking to introduce climate risk stress tests to force financial firms to raise their protection against global warming.
FDIC settles with lawsuit against HomeStreet bank for alleged legal violations
The Federal Deposit Insurance Corporation (FDIC) have settled a case against Seattle-based HomeStreet Bank, with the bank paying a $1.35m fine without acknowledging any wrongdoing.
US regulator SEC extends MiFID II relief period for three years
Assist market participants in the US can breathe a little easier after the top securities regulator extended the period they have to comply with the EU’s financial instruments law.
FCA appoints three new board members
The UK’s top finance watchdog has appointed three new non-executive directors to lead the regulator’s operations for the next three years.
The US congress is gearing up to vote on new cryptocurrency bill
The House of Representatives is looking to vote on legislation about how the Commodity Futures Trading Commission (CFTC) should regulate crypto asse
Is the EU’s new suggested authority really taking the fight against money laundering or...
European finance ministers are expected to urge the European Commission to set up a new anti-money laundering authority. But is it enough?
Facebook is accused of discriminating against female financial services consumers
Mark Zuckerberg’s legal woes do not seem limited to getting regulators to approve of Libra, but now Facebook is facing accusations of discriminating against women and old consumers.
ESMA and the FCA respond to yet another Brexit delay
Brexit has been delayed again, with the EU granting the UK another three-month extension to sort out its divorce from the other member states.
The “UK financial system has prepared for a disorderly Brexit”, says FCA
As the Brexit saga continues, a top financial watchdog executive has stated that the British financial service sector is ready for the UK’s divorce...
© FinTech Global © Copyright 2024. All rights reserved.
