The Prudential Regulation Authority (PRA) has issued a £2 million fine to the Bank of London and its parent company, Oplyse Holdings Limited, for providing misleading information regarding their regulatory capital positions. This enforcement action, announced on March 28, 2026, represents the first time the PRA has fined a firm[Read More…]
Regulations
FSOC Proposes Major Shift in Nonbank SIFI Oversight Toward Activities-Based Approach
The Financial Stability Oversight Council (FSOC) proposed updated guidance on March 28, 2026, aimed at a significant shift in the way nonbank financial companies are designated as systemically important financial institutions (SIFIs). The proposed guidance, which reinstitutes several key elements from the FSOC’s 2019 interpretive guidance, represents a more activities-based[Read More…]
White House and U.S. Senators Strike Landmark Deal on Stablecoin Yield Legislation
A significant breakthrough in U.S. cryptocurrency regulation was reached on March 28, 2026, as Senators Thom Tillis (R-NC) and Angela Alsobrooks (D-MD) announced an “agreement in principle” with the White House to resolve the longstanding dispute over stablecoin yield. This deal aims to clarify the legal status of yield-bearing stablecoins[Read More…]
Bank of England Raises Threshold for Lender Resolution Plans, Exempting Smaller Institutions
Bank of England announces regulatory adjustment exempting smaller lenders from resolution plan requirements while maintaining framework for systemic institutions.
SEC and CFTC Forge Historic Regulatory Alliance with New Memorandum of Understanding
SEC and CFTC Forge Historic Regulatory Alliance with New Memorandum of Understanding In a landmark move that signals a new era of regulatory cooperation, the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have announced a historic Memorandum of Understanding (MOU) aimed at enhancing coordination and[Read More…]
Washington Prepares for Landmark Tokenization Hearing: What’s at Stake
On Wednesday, March 25, 2026, at 10:00 AM EST (2:00 PM GMT), the U.S. House Financial Services Committee will convene a high-stakes hearing titled “Tokenization and the Future of Securities: Modernizing Our Capital Markets.” This event is widely seen as the most significant legislative step yet toward integrating blockchain technology[Read More…]
FCA to Unveil Multi-Billion Pound Motor Finance Redress Plan on March 30
The Financial Conduct Authority (FCA) has confirmed it will announce its highly anticipated approach to motor finance redress on Monday, March 30, 2026. The announcement, scheduled for shortly after markets close, is expected to detail a compensation framework that could cost the UK automotive finance sector billions of pounds. Millions[Read More…]
New ‘Clarity Act’ Draft Threatens to Ban Retail Stablecoin Rewards
The US stablecoin market has been thrown into turmoil following the release of a new draft of the Clarity for Stablecoins Act. The latest version of the bill, which surfaced on Tuesday, March 24, includes a strictly worded provision that would effectively ban interest and rewards on stablecoins for retail[Read More…]
The Stablecoin Compromise: US Senators Strike Deal on CLARITY Act Yield Rules
The Stablecoin Compromise: US Senators Strike Deal on CLARITY Act Yield Rules U.S. crypto regulation has taken a significant leap forward today as a bipartisan group of senators reached a long-awaited deal on the language governing stablecoin yields in the Digital Asset Market Clarity Act. The compromise resolves a central[Read More…]
UK and EU Launch ‘Financial Simplification’ Bridge to Rival New US Crypto Pact
As the United States settles its long-standing regulatory turf wars with the historic SEC-CFTC memorandum, the United Kingdom and the European Union are moving to protect their fintech hubs. Following the conclusion of the Joint EU-UK Financial Regulatory Forum in March 2026, both jurisdictions have officially aligned on a “Financial[Read More…]
Recent Comments