Willemstand, Curaçao, 18th May 2026, PlayNewswire
The Latest
Tyga Enters 1win VIP Program, as Platform Blends Crypto and Entertainment
Dubai, UAE, 16th April 2026, PlayNewswire
RBI Proposes ₹1 Lakh Crore Asset Threshold for NBFC Upper Layer Classification
The Reserve Bank of India has released draft amendment directions that would fundamentally reshape how Non-Banking Financial Companies are classified, moving from a complex parametric scoring system to a straightforward asset-size-based threshold of ₹1 lakh crore for Upper Layer designation. The Reserve Bank of India specifically recommends that NBFCs[Read More…]
Bank of England Holds Emergency Meetings With Major Banks Over Anthropic AI Model ‘Mythos’ Cybersecurity Risks
The Bank of England has initiated emergency meetings with major UK financial institutions to address cybersecurity vulnerabilities identified in Anthropic PBC’s newly launched artificial intelligence model “Mythos”. British regulators join a growing global coalition of central banks and financial authorities expressing urgent concerns about AI-enabled cyber threats targeting critical banking[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…]
SEC Sends “Regulation Crypto” Proposal to White House, Signaling Major Regulatory Shift for Digital Assets
The United States Securities and Exchange Commission has taken a decisive step toward comprehensive cryptocurrency regulation by submitting its “Regulation Crypto” proposal to the White House Office of Information and Regulatory Affairs. SEC Chair Paul Atkins announced the milestone during his keynote address at the Vanderbilt University Digital Assets and[Read More…]
FCA Launches Targeted Support Regime Enabling Banks and Pension Providers to Offer Group Financial Suggestions
FCA Launches Targeted Support Regime Enabling Banks and Pension Providers to Offer Group Financial Suggestions The Financial Conduct Authority (FCA) has officially launched its Targeted Support regime on April 6, 2026, enabling banks, pension providers and other authorised financial firms to provide financial suggestions designed for groups of consumers. The[Read More…]
FCA Launches £7.5bn Car Finance Redress Scheme for 12.1 Million Drivers
Financial Conduct Authority launches industry‑wide compensation scheme for 12.1 million car finance agreements with estimated redress up to £9.1bn.
Federal Reserve Board Issues Consent Prohibition Against Former United Bank Employee for Embezzlement
Federal Reserve Board Issues Consent Prohibition Against Former United Bank Employee for Embezzlement The Federal Reserve Board executed a consent prohibition enforcement action against Mollie Morrow, a former employee of United Bank in Fairfax, Virginia, on April 3, 2026, after Morrow engaged in embezzlement of bank funds, marking the[Read More…]
OCC Final Rule Takes Effect April 1, Enabling Ripple to Become National Trust Bank
The Office of the Comptroller of the Currency has implemented a landmark regulatory change that fundamentally alters the landscape for cryptocurrency integration into the traditional U.S. banking system. The final rule, which took effect at midnight on April 1, 2026, revises the OCC’s chartering regulation to allow regulated banks to[Read More…]
Recent Comments