The UK Financial Conduct Authority, the Bank of England and HM Treasury urged. regulated firms and financial market infrastructures to step up cyber defenses across governance, vulnerability management, third-party oversight, protection and recovery.
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The House Financial Services Subcommittee on Oversight and Investigations will examine the convergence of Chinese money laundering networks and cartel financing in the U.S. financial system.
The SEC exempted the directors and officers of foreign private issuers based in Australia, India or Singapore from filing required insider-transaction reports, provided they comply with comparable home-country disclosure rules.
A national retailer settled SEC charges for using employee separation agreements that required departing workers to give up their rights to whistleblower awards.
Senator Elizabeth Warren asked federal banking regulators to revoke their decision to provide a special exemption that allowed a bank to use taxpayer-insured deposits to subsidize risky European trading activities.