Tackling Visa and Mastercard fees could take years, says UK regulator
By Huw Jones LONDON – It could be years before card fees from global payments duo Mastercard and Visa can be capped again to cut costs for retailers and consumers,…
By Huw Jones LONDON – It could be years before card fees from global payments duo Mastercard and Visa can be capped again to cut costs for retailers and consumers,…
By Xie Yu HONG KONG – China and the United States are committed to reach an arrangement on the audit inspection issue that is in line with legal and regulatory…
LAGOS – Nigeria’s markets regulator has published a set of regulations for digital assets, signalling Africa’s most populous country is trying to find a middle ground between an outright ban…
By Kirstin Ridley LONDON – KPMG faces a 14.4 million pound ($17.6 million) fine after admitting it misled regulators during spot checks on audits of construction group Carillion and software…
By Ross Kerber (Reuters) – The top U.S. securities regulator on Tuesday told companies they may have to disclose the impact Russia’s invasion of Ukraine could have on their business,…
SHANGHAI – China’s banking and insurance regulator on Friday published draft rules regulating internal control and management at wealth management companies. Such rules included that wealth management companies should not…
By Timothy Gardner WASHINGTON -An official with the U.S. nuclear power regulator has ordered staff to supply documents that could lead to a review of a 2020 approval of a…
BEIJING – China is capable of adapting to policy changes from the U.S. Federal Reserve and authorities expect uncertainties abroad to have a smaller impact on the Chinese currency, the…
BEIJING – China’s state asset regulator vowed on Tuesday to ensure that the debt risks of centrally administered state-owned enterprises are controllable. Peng Huagang, spokesman for the State-owned Assets Supervision…
(Reuters) – The Securities And Exchange Commission of Sri Lanka said on Saturday it was directing the Colombo Stock Exchange to suspend the stock market for five business days from…
FRANKFURT – Russian bank VTB can no longer exercise any control over its European subsidiary in the wake of new sanctions, German regulator BaFin said on Sunday. The European Union…
(Reuters) – The Victorian gambling regulator will launch disciplinary action and can impose fines of up to A$100 million ($75.82 million) on Crown Resorts after an inquiry found the Australian…
WASHINGTON – The U.S. Securities and Exchange Commission (SEC) on Tuesday said it has identified a “control deficiency” that gave enforcement staff access to certain adjudicatory memoranda meant for commission…
By Pete Schroeder WASHINGTON – A top U.S. banking regulator told banks on Thursday to be more vigilant about guarding against unlikely but extreme risk as Russia’s invasion of Ukraine…
WASHINGTON -The U.S. Securities and Exchange Commission (SEC) on Wednesday flagged crypto-assets, information security, the private fund sector and environmental, social and governance issues among its examination priorities in 2022…
By Pete Schroeder WASHINGTON – A second U.S. banking regulator has laid out how it thinks banks should guard themselves against risks emanating from climate change. On Wednesday, the U.S.…
PARIS -France should not have any problems with energy supplies, the head of the country’s CRE regulatory body said on Wednesday, adding that requests for users to be careful were…
WUZHOU, China – China has found one of the two black boxes belonging to the China Eastern Airlines plane that crashed on Monday, an official of the aviation regulator told…
By Selena Li and Samuel Shen HONG KONG – Chinese authorities will address the concerns of international investors when finalising new rules for offshore listings, two sources quoted a senior…
SHANGHAI – China’s securities regulator on Wednesday said it will continue to communicate with U.S. regulators and strive to reach an agreement on China-U.S. audit supervision cooperation as soon as…
SANTIAGO – Chile’s environmental regulator said on Thursday it had fined Escondida mine, controlled by company BHP, $8.2 million for damage caused by water extraction in the Salar de Atacama…
By Katanga Johnson WASHINGTON – The U.S. Securities and Exchange Commission (SEC) will vote on a landmark climate-risk measure on March 21, the agency said on Thursday. The notice of…
The Senate Commerce Committee on Thursday voted to advance the nominations of Federal Communications Commission (FCC) pick Gigi Sohn and Federal Trade Commission (FTC) pick Alvaro Bedoya, sending the nominations…
AMSTERDAM – The Dutch antitrust regulator on Monday issued a sixth weekly fine of 5 million euro ($5.7 million) against Apple for failure to comply with an order to open…
SHANGHAI – China will from March 1 expand a pilot scheme developing wealth management products aimed at retail investors looking to boost their retirement savings to more cities including Beijing…