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Australia, EU May Take the Lead in BNPL Regulation
Pymnts 06/13/2022
Australia, the European Union, the United Kingdom and the U.S. are looking at regulating the buy now, pay later (BNPL) sector. Last year, all three entities announced initiatives that sought to bring these mostly unregulated…
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System-wide amplification of climate risk
European Central Bank 06/13/2022
Climate change may represent a major source of systemic risk in the financial system. The financial impacts of climate risk are expected to be widespread, exacerbating already existing financial vulnerabilities and facilitating disruption of the proper functioning…
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The Responsible Financial Innovation Act – A Bullet Point Summary
Lexology 06/10/2022
On June 7, 2022, Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) released long-awaited legislation addressing the regulatory and tax treatment of digital assets. Their Responsible Financial Innovation Act seeks to create a comprehensive regulatory…
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Regulators Should Identify and Mitigate Climate Risks in the Insurance Industry
Center for American Progress 06/13/2022
State insurance regulators and the Federal Insurance Office should enact these policy recommendations to address the risks climate change poses to both insurance companies and insurance markets….
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Top 5 Countries with Strictest Crypto Regulations
Coinspeaker 06/12/2022
Most governments are continually looking for ways to find a common ground in crypto regulations, but some have outrightly banned the use of crypto…
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