Archive for August 2018
U.S. banking regulator not ready for fintech charter applications
NEW YORK (Reuters) – The U.S. banking regulator, the Acting Comptroller of the Currency, said on Wednesday that he is not ready to accept applications from financial technology companies seeking a special purpose federal charter.
Read MoreAustralia mandates OTC clearing to ensure substituted compliance
The recent about-turn by Australian regulators from relying purely on market-based incentives for central clearing to mandating the clearing of certain non-Australian dollar interest rate swaps is to ensure…
Read MoreSEC report reveals failings at top three rating agencies
The US Securities and Exchange Commission (SEC) has identified “apparent failures” harking back to the peak of the financial crisis at all three of the largest US credit rating agencies (CRAs), according to a report released on September 30.
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