Biden Labor Regulator Rolls Out Final Rule Requiring Employers To Give Time Off For Abortions
The Equal Employment Opportunity Commission (EEOC) issued its final rule on Monday to enforce the Pregnant Workers Fairness Act (PWFA), giving new protections for women seeking abortions. The EEOC rule dictates that…
U.S. regulator set to take over First Republic-source
NEW YORK (Reuters) – The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic under receivership imminently, a person familiar with the matter said on Friday. The U.S. banking…
Swiss regulator says two banks’ crisis plans are insufficient
ZURICH (Reuters) – Swiss financial regulator FINMA has labelled the recovery and resolution plans of two of Switzerland’s five systematically important banks as insufficient, it said on Wednesday. FINMA questioned the ability…
Alberta’s energy regulator apologises for poor communication around tailings leak
By Nia Williams (Reuters) – The CEO of the Alberta Energy Regulator (AER) on Monday apologised for his organisation’s failure to fully inform local Indigenous communities about a toxic tailings leak from…
U.S. banking regulator warns ‘open banking’ could impact deposit outflows
By Hannah Lang (Reuters) – The evolution of “open banking” in the U.S. could impact how regulators supervise banks, as seamless account portability between financial institutions could lead to increased deposit outflows,…
Australian regulator re-authorises 5-year coordination between Jetstar’s Asian brands
(Reuters) – Australia’s competition regulator on Wednesday re-authorised Qantas Airways Ltd and its budget arm Jetstar Airways Pty Ltd for a five-year continued coordination for two Jetstar Asian-based joint ventures – Jetstar…
New Zealand regulator warns Vanguard over greenwashing notice
(Reuters) – New Zealand’s financial markets regulator issued a warning to U.S. fund giant Vanguard Group on Wednesday for failing to disclose details within the required time over infringement notices filed against…
Federal Regulator Acknowledges Danger To Wildlife Caused By Offshore Wind Farms
John Hugh DeMastri on March 26, 2023 TOMS RIVER, NJ – Wind farms like the ones being built off the coast of the New Jersey shoreline are being blamed by some for…
Australian regulator considers greenwashing complaint against Etihad
By Lewis Jackson SYDNEY (Reuters) – Australia’s competition watchdog will consider a greenwashing complaint made against Etihad by a local environmental group that accused the airline on Wednesday of misleading consumers about…
Australia regulator seeks risk reports from banks on startups, crypto -report
SYDNEY (Reuters) – Australia’s prudential regulator has started asking the country’s banks to declare their exposure to startups and crypto-focused ventures following the collapse of Silicon Valley Bank, according to the Australian…
Second lab-grown chicken product cleared for human consumption by U.S. regulator
By Leah Douglas WASHINGTON (Reuters) – California-based cultivated meat company GOOD Meat has received clearance from the U.S. Food and Drug Administration to bring its lab-grown chicken to market, according to agency…
California’s financial regulator to issue report on Silicon Valley Bank by May
(Reuters) – California’s financial regulator said on Monday it will issue a report on a comprehensive review of its own oversight and regulation of Silicon Valley Bank by early May. “Through this…
Canada’s banking regulator reaffirms creditor hierarchy after Credit Suisse deal angers bondholders
(Reuters) – Canada’s banking regulator said on Monday that those who hold Additional Tier 1 (AT1) and Tier 2 debt will be entitled to a more favorable outcome if a bank runs…
Australian regulator accepts PayPal unit’s undertaking for money laundering laws
(Reuters) – Australia’s financial crime regulator said on Friday it accepted an enforceable undertaking from payments giant PayPal Holdings’ local unit to ensure its compliance with the country’s anti-money laundering and counter-terrorism…
Taiwanese financial sector has low exposure to Credit Suisse -regulator
TAIPEI (Reuters) – The Taiwanese financial sector’s exposure to Credit Suisse is low and “controllable”, the island’s financial regulator said on Thursday. Taiwanese insurers – large investors on global bond markets –…
Declassified documents do not mention Ecuador’s Lasso -regulator
By Alexandra Valencia QUITO (Reuters) – Ecuador President Guillermo Lasso and his family members do not appear in declassified documents released by the country’s companies regulator, the agency said on Wednesday, referring…
U.S. regulator planning another SVB auction – WSJ
(Reuters) – U.S. regulators are planning to try again to auction failed Silicon Valley Bank, after they were unable to find a buyer over the weekend, the Wall Street Journal reported on…
Standard Chartered-owned crypto custodian registers with Luxembourg regulator
By Elizabeth Howcroft LONDON (Reuters) – Zodia Custody, a crypto custodian owned by Standard Chartered, said on Friday it has registered its Irish unit with Luxembourg’s financial regulator. The registration will allow…
US aviation regulator boosting Boeing oversight
By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Aviation Administration (FAA) is ramping up oversight of Boeing and plans to add nearly 300 employees to its safety office following two fatal…
U.S. aviation regulator boosting safety staff
WASHINGTON (Reuters) – The acting head of the Federal Aviation Administration said Wednesday the agency plans add nearly 300 employees to its safety office as it ramps up oversight following two fatal…
S.Korea regulator fines two firms for naked shorts under stricter law
SEOUL (Reuters) – South Korea’s financial regulator fined two firms for naked short selling in the local stock market, for the first time under the new law of heavier penalties. The Financial…
China’s FX regulator says no change in policy on cross-border remittances
BEIJING (Reuters) – China’s foreign exchange regulator said on Monday that there is no change in China’s policy on cross-border remittance of funds, and it will continue to promote a high-level opening-up…
UK regulator launches probe into LME nickel trading halt
By Iain Withers and Eric Onstad LONDON (Reuters) -A British financial watchdog on Friday launched its first ever investigation of a UK exchange for possible misconduct after the London Metal Exchange’s decision…
Indonesia to scrap pandemic-era trading restrictions at end-March – regulator
JAKARTA (Reuters) – Indonesia’s financial services authority will ease some pandemic-era rules for the stock market, including on trading hours and short-selling, it said in a letter to investors. The agency known…
Australia’s Downer chairman departs amid NSW regulator probe
(Reuters) – Downer EDI Ltd said on Friday Chairman Mark Chellew has resigned and the Australian engineering contractor elected deputy Mark Menhinnitt as the acting chairman. The resignation follows a public inquiry…
Australian regulator grants interim authorisation to Jetstar’s Asian operations
(Reuters) – Australia’s competition regulator on Friday granted interim authorisation to Qantas Airways and its budget arm Jetstar for a continued coordination of two Jetstar Asian-based joint ventures – Jetstar Asia and…
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