Acting Comptroller of the Currency Michael J. Hsu addressed the threats posed to consumer trust in banking from inequality, digitalization, complacency and climate-related risk.

SEC Acting Chief Accountant Paul Munter reminded newly engaged lead audit firms located outside of China and Hong Kong of their obligations when auditing foreign issuers located in the People's Republic of China or in Hong Kong.

Recently sworn in Federal Reserve Board Vice Chair for Supervision Michael S. Barr highlighted the need to "build" and not just "maintain" safe and fair financial markets.

A French swap dealer and its former employee settled CFTC charges for mismarking swap positions to inflate profits and minimize losses or to "smooth out returns."

An investment adviser settled SEC charges for conflicts of interest, material misstatements and omissions, supervision violations and reporting violations related to the adviser's activities with special purpose acquisition companies.