regulation
- Market
White House to hold COVID briefing led by new response coordinator Jha, after U.S. official death toll passes one million
Just hours after the official U.S. COVID-19 death toll passed the one million mark, the White House is planning to…
Read More » - Finance
Ex-Dechert partner leaked client info to SFO, court finds
Eurasian Natural Resources Corporation has succeeded in a claim against the Serious Fraud Office and law firm Dechert in a…
Read More » - Finance
Meet the man behind the UK sanctions regime
“It feels a little bit like on variety TV shows years ago. You had those people who spin plates, and…
Read More » - Finance
Allianz subsidiary takes $6bn hit after pleading guilty to securities fraud
One of Allianz’s US investing divisions pleaded guilty and agreed to pay more than $6bn in penalties and restitution for a scheme…
Read More » - Finance
KPMG fined £14m and ex-partner faces 15-year ban over forging documents in Carillion probe
KPMG is set to receive a £14.4m fine and one of its ex-partners is facing a 15-year ban from the…
Read More » - Health
‘Serious and costly problems coming’: Missouri’s hazardous waste regulations under threat
By Grace Zokovitch St. Louis Post-Dispatch JEFFERSON CITY — By December 1985, when the U.S. Environmental Protection Agency authorized Missouri…
Read More » - Market
If Elon Musk and Twitter don’t complete their deal, one of them will have to pay $1 billion
If Tesla Inc. Chief Executive Elon Musk doesn’t end up owning Twitter, one of the two entities is going to…
Read More » - Market
The IRS has already issued 70 million refunds — here’s how you can check on yours this Tax Day
It’s Tax Day for most Americans, which is the deadline to pay off any income taxes owed and either submit…
Read More » - Market
How well is the COVID-19 test-to-treat program working?
The Biden administration’s test-to-treat program, which allows people who test positive for COVID-19 to leave the pharmacy with a prescription…
Read More » - Finance
Why the City needs to step up on new climate disclosure rules
In October 2021, the UK Government announced that it would become the first G20 country to make it mandatory for its…
Read More » - Tech
Russian Tech Spending Declines as Sanctions Take Toll
Information-technology spending in Russia is expected to drop 39% this year as global business sanctions triggered by the invasion of…
Read More » - Finance
Janet Yellen says a US digital dollar will take years, ‘not months,’ to develop
WASHINGTON — US Treasury Secretary Janet Yellen said the design and development of a digital dollar would likely take years…
Read More » - Finance
JPMorgan-turned-crypto exec says there’s ‘not enough speculation in crypto’
Thomas Lee said has seen a boom in client interest in bitcoin since his boutique research firm first opened its…
Read More » - Market
BA.2 subvariant of omicron accounted for almost 94% of global cases in latest week, the latest sign of how dominant it has become
The omicron variant of the coronavirus that causes COVID-19 accounted for 99.8% of global new cases in the latest week,…
Read More » - Finance
Crypto platforms vie for big traders in a crowded space
New crypto exchanges are popping up everywhere. And with large professional traders sticking mostly with two tokens – bitcoin and…
Read More » - Market
Ketanji Brown Jackson’s Supreme Court nomination ties in Senate committee vote but remains on track
The Senate Judiciary Committee on Monday deadlocked over Judge Ketanji Brown Jackson’s nomination to the Supreme Court, but she is…
Read More » - Market
UK adds nine more COVID symptoms to official list as its struggles with record case load
The official list of symptoms of COVID-19 has been expanded in the UK, where cases are currently running at the…
Read More » - Finance
S&P to pay $78,750 to settle alleged violation of US sanctions against Russia
S&P Global agreed to settle allegations it violated US sanctions when it continued to extend credit to Rosneft after the…
Read More » - Finance
Spacs face new disclosure requirements from US regulators
Federal regulators proposed a bevy of new requirements for special-purpose acquisition companies, or Spacs, and their takeover targets amid widespread…
Read More » - ECONOMY
Ruchi Soya Continues To Be A Test Case For SEBI
The Baba Ramdev-backed Ruchi Soya Industries Ltd. came to the stock market with a Rs 4,300 crore follow-on public issue,…
Read More » - Finance
Evergrande ropes in advisers to review $2bn cash seizure
A quartet of outside law firms and accountants will help probe how banks ended up taking control of more than $2bn at…
Read More » - Market
U.S. average daily deaths from COVID fall below 800 to lowest level since mid-August, and FDA allows second booster shot for people 50 and older
The average number of daily deaths from COVID-19 in the U.S. has fallen below 800 for the first time since…
Read More » - Finance
Reports of cyber threat to FCA spike 52%
The UK markets watchdog saw a 52% spike in cyber incident reports last year, new figures show. The Financial Conduct…
Read More » - Finance
Hedge fund boss Chris Hohn slams banks over climate hypocrisy
Banks making net-zero promises while lobbying against climate regulation is “greenwashing”, according to billionaire hedge-fund boss Sir Chris Hohn. “Any…
Read More » - Tech
How Sanctions on Russia, War in Ukraine and Covid in China Are Transforming Global Supply Chains
A new world order is emerging for the vital supply chains that deliver most of the goods we rely on…
Read More » - Tech
U.S., EU Reach Preliminary Deal on Data Privacy
BRUSSELS—The U.S. and the European Union reached a preliminary deal to allow data about Europeans to be stored on U.S.…
Read More » - Market
Fully vaccinated will need fourth dose later this year, and new variant dubbed ‘deltacron’ detected in Europe
Fully vaccinated people will need a fourth shot later in 2022, according to the head of Pfizer Inc., who said…
Read More » - Finance
Brother and sister accused of $124m crypto scam advertised with Times Square billboard
A crypto-savvy brother-sister team has been accused of running a $124m scam on investors in a crypto-mining operation purported to…
Read More » - Finance
A $5tn Brexit battleground and banned in Russia — What is clearing, anyway?
Clearing is a key part of market plumbing that has hit the headlines since the Brexit vote, and more recently…
Read More » - ECONOMY
SEBI’s New Chairperson Madhabi Puri Buch Has A Headstart, But…
The appointment The choice is good because Madhabi has been at SEBI for the last five years indicating that she…
Read More » - Finance
Tesla boss Elon Musk and brother’s trades investigated by SEC
The Securities and Exchange Commission is investigating whether recent stock sales by Tesla chief executive Elon Musk and his brother, Kimbal Musk, violated insider-trading…
Read More » - Finance
Xavier Rolet says ‘boat has sailed’ on London clearing amid Brexit battle for trillion-euro business
It’s one of the thorniest issues around Brexit. It’s called clearing, a multi-trillion euro business that London once dominated. Clearinghouses, which…
Read More » - Finance
KPMG’s £1.3bn headache: Five things you need to know about the mammoth Carillion claim
KPMG’s audits of Carillion before the construction company’s dramatic collapse in January 2018 are proving to be a millstone around…
Read More » - Finance
How the FCA tried to catch its ‘poogate’ suspect
When the Financial Conduct Authority headed to new offices in London’s East End in 2018, the regulator hoped staff would welcome…
Read More » - Finance
Woodford probe to drag on for years as some victims ‘died while the FCA dithered’
Investors burned by Neil Woodford have been waiting for justice since the former star stock-picker’s flagship fund shuttered in 2019. They’ll probably…
Read More » - Market
U.S. headed closer to point where pandemic is no longer a crisis, White House says, but sticks with face masks for now
The U.S. is headed closer to a point when the coronavirus pandemic is no longer a crisis, White House officials…
Read More » - Finance
FCA warns UK banks to be wary of Russian cyber threats
Some of the UK’s top banks have been contacted by the Financial Conduct Authority to make sure they are prepared…
Read More » - Market
U.S. excess death toll has climbed above 1 million during the pandemic: ‘We’ve never seen anything like it,’ says CDC official
The U.S. has recorded more than 1 million excess deaths since the start of the pandemic, according to data provided…
Read More » - Finance
Short-seller ‘spoofing’ and ‘scalping’ face Justice Department probe
Federal prosecutors are investigating whether short-sellers conspired to drive down stock prices by sharing damaging research reports ahead of time…
Read More » - Finance
Binance US arm’s trading affiliates face regulatory probe
The Securities and Exchange Commission is examining the relationship between the US arm of Binance, the world’s largest cryptocurrency exchange, and…
Read More » - Finance
The ‘Great Resignation’ is tempting — but can you take your LinkedIn contacts with you?
Tom McLaughlin is a managing associate at employment law firm BDBF, specialising in restrictive covenants, confidential information and team moves There…
Read More » - Finance
BlackRock, abrdn plus 123 others make the cut for tough ESG code, firms with £12tn AUM fail
A third of asset managers and other groups that applied to become signatories to a tough governance code for investors…
Read More » - Finance
Deutsche Bank’s asset management arm under US investigation over ESG issues
US authorities are investigating Deutsche Bank’s asset-management arm, DWS Group, after the firm’s former head of sustainability said it overstated…
Read More » - Finance
FCA backtracks draft rules forcing funds to monitor advice quality after asset managers object
The Financial Conduct Authority has rowed back on a controversial suggestion that some UK funds should be responsible for the quality…
Read More » - Market
House advances measure on Biden’s spending plans in 220-212 vote
The Democratic-run House on Tuesday advanced a key measure tied to President Joe Biden’s big spending plans in a 220-212…
Read More » - Market
FDA approves Pfizer’s COVID-19 shot, making it the first vaccine to receive ‘full’ approval in the U.S.
The U.S. formally approved BioNTech and Pfizer’s COVID-19 vaccine in a move that could sway some of the unvaccinated to…
Read More » - Health
Juul, Other E-Cigarette Makers Face Judgment Day
A shakeout of e-cigarettes is at hand. The Food and Drug Administration is nearing a deadline to decide which e-cigarettes…
Read More » - Finance
So you want to be a regulator? Former City watchdogs offer top tips for success
Regulation may not be considered the sexiest job in the world, but staff at our watchdogs form a key part…
Read More » - Finance
Binance hires ex-US Treasury investigator to combat crypto money laundering
Crypto exchange Binance has hired a former US Treasury criminal investigator as its global money laundering reporting officer. Greg Monahan…
Read More » - Finance
Virtual compliance: Will City workers keep toeing the line from home?
As staff in the City start gradually coming back to the office, regulatory experts are warning there is an increased…
Read More »
