The Virtual Assets Regulatory Authority of Dubai has published its groundbreaking Guidance on the Virtual Assets Issuance Rulebook, establishing the world’s first fully codified regulatory framework for creating, disclosing, and distributing virtual assets within a licensed ecosystem. This landmark regulatory development positions Dubai as the global benchmark for structured digital[Read More…]
The Latest
Fed’s Daly Warns Oil Shock From Iran War Extends Inflation Timeline
San Francisco Federal Reserve President Mary Daly has delivered a sobering assessment of the U.S. inflation outlook, warning that the oil shock resulting from the ongoing Iran war will significantly extend the timeline for returning inflation to the central bank’s 2% target. In an exclusive interview with Reuters on April[Read More…]
FCA Perimeter Report 2026 Expands Regulatory Scope to BNPL, Cryptoassets, and AI-Driven Financial Services
FCA Perimeter Report 2026 Expands Regulatory Scope to BNPL, Cryptoassets, and AI-Driven Financial Services The Financial Conduct Authority has published its latest Perimeter Report outlining how UK financial regulation must evolve to protect consumers, support innovation, and maintain market integrity in an era of rapid technological transformation. The FCA Perimeter[Read More…]
FCA Imposes Restrictions on Bazar Money Transfer Limited After Determining Firm No Longer Meets Payment Institution Conditions
FCA Imposes Restrictions on Bazar Money Transfer Limited After Determining Firm No Longer Meets Payment Institution Conditions The Financial Conduct Authority (FCA) imposed restrictions on Bazar Money Transfer Limited (BMTL) on April 8, 2026, preventing the firm from providing regulated payment services after determining it no longer met the conditions[Read More…]
Dubai’s VARA Issues Detailed Guidance on Real-World Assets and Stablecoins to Strengthen Regulatory Clarity
Dubai’s VARA Issues Detailed Guidance on Real-World Assets and Stablecoins to Strengthen Regulatory Clarity The Dubai Virtual Assets Regulatory Authority (VARA) issued comprehensive guidance on real-world assets (RWAs) and stablecoins on April 9, 2026, strengthening regulatory clarity for virtual asset issuers and market participants. The VARA guidance interprets existing rules[Read More…]
Federal Reserve Terminates Enforcement Actions with Crédit Agricole, Mega Bank, and Goldman Sachs After Years of Oversight
Federal Reserve Terminates Enforcement Actions with Crédit Agricole, Mega Bank, and Goldman Sachs After Years of Oversight The Federal Reserve Board announced on April 9, 2026, the termination of enforcement actions against three major global financial institutions – Crédit Agricole S.A., Mega International Commercial Bank Co., Ltd, and The Goldman[Read More…]
FCA Confirms £7.5 Billion Motor Finance Redress Scheme for 12.1 Million Agreements
FCA Confirms £7.5 Billion Motor Finance Redress Scheme for 12.1 Million Agreements The Financial Conduct Authority has officially confirmed its motor finance redress scheme, setting aside £7.5 billion to compensate 12.1 million consumers affected by undisclosed commission arrangements in motor finance agreements dating back to 2007. The final scheme represents[Read More…]
MAS Collaborates with Singapore Banks to Strengthen GIRO Payment Safeguards Amid Consumer Protection Review
The Monetary Authority of Singapore announced on April 8, 2026 that it is working with the Association of Banks in Singapore and member banks to strengthen safeguards for GIRO payment systems following parliamentary questions about duplicate deductions and consumer protection gaps. MAS board member and Minister of State Alvin Tan[Read More…]
BCB Unveils Comprehensive Open Finance Framework to Transform Brazil’s Financial Data Ecosystem
The Banco Central do Brasil (BCB) announced on April 8, 2026 a comprehensive set of new Open Finance regulations that will fundamentally reshape how financial institutions and fintechs manage and transfer customer data within Brazil’s financial ecosystem. The regulatory framework represents the most significant overhaul of Brazil’s financial data infrastructure[Read More…]
SEC Announces $17.9 Billion in Monetary Relief for Fiscal Year 2025 Enforcement Actions
SEC announces $17.9 billion in monetary relief through 456 enforcement actions for fiscal year 2025, targeting offering frauds, market manipulation, insider trading, disclosure violations, and fiduciary breaches while acknowledging past resource misallocation.
Recent Comments