financial regulation

Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the integrity of the financial system. This may be handled by either a government or non-government organization.

Source: en.wikipedia.org

McHenry Proposes Office to Regulate Financial Regulators
McHenry Proposes Office to Regulate Financial Regulators
April 18, 2024  |  Regulation

House Republicans think America’s financial oversight bodies need some oversight of their own. U.S. Rep. Patrick McHenry (R-NC), chair of the House Financial Services Committee, re-introduced legislation Wednesday...

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House GOP Targets Shadow Bank Regulations
House GOP Targets Shadow Bank Regulations
April 18, 2024  |  Regulation

A top House Republican wants to overturn a recent federal regulation governing non-bank financial companies. Rep. French Hill (R-Ark.) introduced a resolution Wednesday (April 17) that would yank the...

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HFSC Chairman Patrick McHenry Calls for Transparency in Financial Regulation
HFSC Chairman Patrick McHenry Calls for Transparency in Financial Regulation
March 21, 2024  |  Regulation

House Financial Services Committee (HFSC) Chairman Patrick McHenry (R-N.C.) said Thursday (March 21) that the Basel III Endgame proposal and other projects threaten to give global governance...

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DOJ Seeks Jail Time for Ex-Wells Fargo Exec Over Fake Accounts
DOJ Seeks Jail Time for Ex-Wells Fargo Exec Over Fake Accounts
September 03, 2023  |  Legal

Federal prosecutors want Wells Fargo’s former retail banking head to spend time behind bars. Carrie Tolstedt agreed earlier this year to plead guilty to obstructing an investigation...

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Bank of China Calls for Tougher Financial Safeguards
Bank of China Calls for Tougher Financial Safeguards
April 02, 2023  |  Bank Regulation

Officials from The People’s Bank of China are reportedly calling for stricter financial regulations. Writing in China Finance, a publication of the central bank, a...

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UK Finance Ministry Nixes Veto Proposal Over Regulators
UK Finance Ministry Nixes Veto Proposal Over Regulators
November 23, 2022  |  Regulation

A proposal that would have allowed Britain’s finance ministry to overturn decisions made by financial regulators has been removed from a bill that is now...

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Report: FBI Says Online Cookies Hold Keys To Preventing Financial Crimes
Report: FBI Says Online Cookies Hold Keys To Preventing Financial Crimes
July 06, 2021  |  Fraud Prevention

More businesses and consumers are conducting their daily tasks and transactions online, meaning offering seamless digital experiences is becoming increasingly important for today’s financial institutions...

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German Finance, Economy Ministers Questioned Over Wirecard Collapse
German Finance, Economy Ministers Questioned Over Wirecard Collapse
July 29, 2020  |  Security & Fraud

German Finance Minister Olaf Scholz and Economy Minister Peter Altmaier faced hours of questioning by Parliament Wednesday (July 29) over allegations they failed to prevent...

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German Finance Ministry Toughens Rules In The Wake Of Wirecard
German Finance Ministry Toughens Rules In The Wake Of Wirecard
July 24, 2020  |  Security & Fraud

Germany has taken action to update its rules in the wake of the Wirecard AG scandal as complaints mount that regulators failed to police the...

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