BankThink Current regulations fall short in the face of tech-enabled fraud
American Banker 11/20/2023
Financial regulations are the backbone of a secure and stable economy as they provide the requirements needed to ensure that financial institutions operate ethically and transparently. However, with the financial world becoming increasingly…
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The FDIC Proposes Revised Regulations Concerning Section 19 of the Federal Deposit Insurance Act to Conform to the Fair Hiring in Banking Act
Littler 11/20/2023
On November 14, 2023, the Federal Deposit Insurance Corporation (FDIC) published proposed revised regulations concerning Section 19 of the Federal Deposit Insurance Act, 12 U.S.C. § 1829 (“Section 19”), to conform with the Fair Hiring in Banking…
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US regulators continue to discuss crypto: Law Decoded, Nov. 13–20
Cointelegraph 11/20/2023
The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion received an education in the uses of blockchain technology in a hearing titled “Crypto Crime in Context: Breaking Down…
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ESG Labelling On The Cards For Global Regulation
Mondaq 11/20/2023
On 2 November 2023, the Australian Treasury announced a proposal to develop a labelling system for investment products marketed as sustainable in its Sustainable Finance Strategy Consultation Paper…
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CFPB Proposes to Level the Playing Field With “Big Tech”
JD Supra 11/20/2023
In an effort it describes as intended to help “level the playing field” between banks and nonbank consumer financial service providers that are sometimes characterized as “Big Tech”, the Consumer Financial Protection Bureau (“CFPB”) has issued a proposal…
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