Hopes for regulator in the balance as Lords tie up Football Governance Bill | Soccer
TDespite Premier League matches taking place in the middle of this week, English football's biggest names will still be keeping an eye on the House of Lords on Wednesday. The debate over an independent gaming regulator is heating up again after appearing to be over. What once had bipartisan support is starting to look like […]
Bank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports – Yahoo Finance
(Reuters) – The Federal Deposit Insurance Corporation has given BlackRock a new deadline of Feb. 10 to resolve issues related to its oversight of asset managers' investments in FDIC-regulated banking organizations, Bloomberg News said. reported on Sunday, citing three people familiar with the incident. Case. If sufficient progress is not made toward resolving the issue, […]
City regulator vows to ease ‘burden’ on UK banks amid government pressure | Prudential Regulation Authority (PRA)
The Bank of England will reduce the 'reporting burden' on UK banks and allow insurers to make risky investments without initial approval, following government pressure to ease regulations introduced after the financial crisis. It's a plan. Sam Woods, deputy governor of the Prudential Regulation Authority (PRA), said the central bank had withdrawn rules it believed […]
USAA bank issued cease-and-desist order by national regulator – KSAT San Antonio
san antonio – U.S. Office of the Comptroller of the Currency takes a hit. USAA The National Banking Regulatory Authority issued a cease-and-desist order on Dec. 18 regarding what it described as “new or continuing violations” by USAA Federal Savings Bank. The bank is part of USAA, a San Antonio-based insurance and financial services company. […]
UK regulator says Apple, Google blocking innovation in mobile browsers
Britain's top antitrust regulator said Friday that an independent investigation has preliminary found that Apple and Google's mobile browser policies are hindering innovation. The report recommended that the Competition and Markets Authority (CMA) launch an investigation into the two tech giants under the UK's Digital Regulations, which begin next year. “The independent research group appointed […]
Reeves tells City regulator to encourage more risk-taking in financial sector | Financial sector
Financial regulators have been ordered to encourage more risk-taking across the City, raising concerns that a Labor government is at risk of watering down regulations meant to avoid a repeat of the financial crisis. officially 'Remittance' letter to the Financial Conduct Authority (FCA) President Nikhil Rati and Prime Minister Rachel Reeves say regulations aimed at […]
City regulator warns banks over denying sex workers business accounts | Financial Conduct Authority
The City regulator has issued a warning to British banks that refuse to open accounts to sex workers after hearing that restricting access to business banking services could cause “significant harm” to individuals. The Financial Conduct Authority (FCA) said that while banks could in theory offer accounts to the adult entertainment industry, in practice they […]
NY cannabis regulator hasn’t increased staff months after Hochul ‘overhaul’
The state’s marijuana regulator has made no progress on expanding its staff, months after Gov. Kathy Hawkle launched a fierce criticism of the agency. Felicia Reed, acting director of the Bureau of Cannabis Control, said: An interview with Spectrum News Last week, her agency, which had been short-staffed, announced it was now hiring 180 employees. […]
Top staffers flee NY cannabis regulator after Gov. Kathy Hochul dumps agency’s head
THC See you soon! Several top officials at New York’s marijuana regulator have resigned after Gov. Kathy Hawkle fired the agency’s chief, calling it a “disaster.” Officials leaving the Office of Cannabis Control (OCM) include Health and Safety Director Nicole Rosa, Deputy Director for Licensing Daniel Holmes, First Deputy General Counsel Patricia Piskorski Heer and […]
$47,646 Drained From Customers’ Accounts at Wells Fargo As Rogue Executive Mounts Year-Long Campaign To Steal Cash: US Bank Regulator – The Daily Hodl
Wells Fargo executives have been forced out of the banking industry after they were found guilty of draining tens of thousands of dollars from customers’ deposit accounts. The Office of the Comptroller of the Currency (OCC) Publish A consent order was issued against former Wells Fargo assistant manager of operations, Cindy M. Flores, accusing her […]