Regulators

Morgan Stanley Fined By FINRA For Compliance Lapses
Morgan Stanley Fined By FINRA For Compliance Lapses
December 26, 2018  |  Regulation

Morgan Stanley, the U.S. Wall Street firm, was fined $10 million by the Financial Industry Regulatory Authority (FINRA)  for compliance failures. According to a report...

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Growing Ratings Data Overwhelms Regulators
Growing Ratings Data Overwhelms Regulators
December 19, 2018  |  Regulation

The U.S. securities regulator is having trouble with rating agencies because it doesn’t have the tools or specific knowledge it needs to analyze huge amounts...

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What An Alleged NSA Hack Reveals About Payments Cybersecurity
What An Alleged NSA Hack Reveals About Payments Cybersecurity
December 07, 2018  |  Security & Fraud

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and...

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US Regulators Urge Tech Innovation To Combat Financial Crime
US Regulators Urge Tech Innovation To Combat Financial Crime
December 04, 2018  |  Security & Fraud

Several regulatory agencies issued a joint statement Monday (Dec. 3) that urged banks to study and implement “where appropriate” methods that would bring innovate approaches...

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Draft Guidelines Clarify GDPR Scope
Draft Guidelines Clarify GDPR Scope
December 03, 2018  |  Regulation

As GDPR continues to take root, having an impact in Europe and beyond the confines of the continent, news came late last month that the...

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Uber Gets Fined By UK, Dutch Regulators For 2016 Data Breach
Uber Gets Fined By UK, Dutch Regulators For 2016 Data Breach
November 27, 2018  |  Regulation

Uber was hit with a fine by U.K. and Dutch regulators on Tuesday (Nov. 27) for the data breach in 2016 that impacted millions of...

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Bank Crackdown Has Money Managers Eyeing Corporate Finance
Bank Crackdown Has Money Managers Eyeing Corporate Finance
August 06, 2018  |  B2B Payments

Australian money managers are finding an opportunity in enterprise and small business lending as regulators crack down on the country’s traditional banking industry. Reports in...

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Loan Defaults Plague Chinese P2P Industry
Loan Defaults Plague Chinese P2P Industry
July 23, 2018  |  Loans

Investors have been withdrawing funds from peer-to-peer lending platforms amid a wave of defaults across the industry in China. According to a report in the...

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Stock-Trading Platform Robinhood Eyes Banking Services
Stock-Trading Platform Robinhood Eyes Banking Services
June 21, 2018  |  Banking

Sources say Robinhood Markets is in talks with regulators about offering banking services to its more than 4 million users. According to Bloomberg, one source...

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