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…
China’s securities regulator moves to streamline debt issuance
BEIJING (Reuters) – China’s securities regulator on Friday released draft rules on deepening a registration-based system for bond sales, in a reform that streamlines the process for companies to raise funds via…
U.S. regulator warns of pump-and-dump IPOs, many from China
By Echo Wang NEW YORK (Reuters) – The U.S. Financial Industry Regulatory Authority (FINRA) warned on Thursday it was seeing a number of small initial public offerings (IPOs), including many from China,…
Lab-grown meat cleared for human consumption by U.S. regulator
By Leah Douglas WASHINGTON (Reuters) – The U.S. Food and Drug Administration (FDA) for the first time cleared a meat product grown from animal cells for human consumption, the agency announced on…
S&P Global Ratings to pay $2.5 million to settle U.S. regulator charges
WASHINGTON (Reuters) -S&P Global Ratings agreed to pay a $2.5 million penalty to settle U.S. Securities and Exchange Commission charges that it violated rules to prevent conflicts of interest, the regulator said…
Watchdog asks U.S. election regulator to probe $20 million Trump transfer
WASHINGTON (Reuters) – A watchdog group on Monday asked the U.S. Federal Election Commission to probe a $20 million transfer between two groups tied to former President Donald Trump, alleging the money…
German regulator calls on banks to increase risk provisions
FRANKFURT (Reuters) -The president of Germany’s financial regulator, Mark Branson, on Monday called on banks to increase their risk provisions while earnings are strong. Branson, speaking at a conference in Frankfurt, praised…
Cyprus regulator requested FTX EU suspend operations Nov. 9
NICOSIA (Reuters) – Cyprus’s Securities and Exchange Commission asked FTX EU to suspend its operations on Nov. 9, the regulator said on Friday. “The Cyprus Securities and Exchange Commission on Wednesday, November…
Airbus fed regulator talking points on Qatar jet row, court told
LONDON (Reuters) – Airbus sought to exert influence over the European Union Aviation Safety Agency in a dispute with Qatar Airways over damaged A350 jets, providing the agency with a “Line To…
Morgan Stanley says it is engaged with UK regulator on anti-competition probe
NEW YORK (Reuters) – Morgan Stanley said on Thursday it is engaging with the UK Competition and Markets Authority’s probe into suspected anti-competitive practices in financial services. Regulators are looking into “the…
U.S. telecom regulator launching new space bureau
WASHINGTON (Reuters) – The Federal Communications Commission (FCC) plans to create a new space bureau to address the growing number of satellite launches and policy issues, agency chair Jessica Rosenworcel said. The…
Debt risks of top real estate firms are prominent – China bank regulator
BEIJING (Reuters) – Debt risks of some top real estate firms are prominent and risk control ability of some local financial institutions are weak, according to the chairman of China’s banking and…
Australian regulator appeals dismissal of petition against CBA, unit by court
(Reuters) – Australia’s corporate regulator said it had appealed the Federal Court’s decision to dismiss its petition against the Commonwealth Bank of Australia and its pension unit on allegations of improperly collecting…
Exclusive-China FX regulator surveys banks about positioning as yuan plunges – sources
SHANGHAI/BEIJING (Reuters) -China’s foreign exchange regulator sent a survey to some banks late on Monday asking them about their positioning in the currency market, three sources with direct knowledge of the matter…
Apollo names former German regulator chief as senior adviser
FRANKFURT (Reuters) -Global investor Apollo has appointed the former president of Germany’s financial regulator, Felix Hufeld, as a senior adviser, he confirmed on Wednesday. Hufeld, a prominent figure in German finance who…
Shareholder, regulator pushback ended UBS-Wealthfront deal, SonntagsZeitung reports
ZURICH (Reuters) – Resistance from shareholders and United States regulators torpedoed Swiss bank UBS’s $1.4 billion bid for U.S. digital wealth management group Wealthfront, Swiss paper SonntagsZeitung reported, citing bank sources it…
China forex regulator warns against illegal money outflows
BEIJING (Reuters) – China’s foreign exchange regulator named and shamed 10 banks that had assisted illegal capital outflows, vowing to crack down on fake forex transactions in authorities’ latest effort to stabilise…
Exclusive-Mexican regulator has no record of Pemex reporting methane leak, documents show
By Stefanie Eschenbacher MEXICO CITY (Reuters) – Mexico’s environmental regulator has no records of state oil company Pemex reporting a methane leak last December at the country’s top oil field, according to…
JD Sports fined $1.6 million by UK regulator over merchandise pricing
(Reuters) – JD Sports said on Tuesday that it was fined about 1.5 million pounds ($1.6 million) by Britain’s competition regulator after an investigation into retail prices of certain branded clothing products…
Aviation regulator met Boeing about 737 MAX’s return to China
BEIJING (Reuters) -China’s aviation regulator said on Tuesday it held a meeting with Boeing last week about the return of the 737 MAX to China, a day before the planemaker’s top executives…
China securities regulator approves first batch of market makers for STAR market
(This Sep. 17 story has been refiled to show that market makers were approved for STAR Market in headline) SHANGHAI (Reuters) – (This Sep. 17 story has been refiled to show that…
PwC HK, KPMG to host U.S. regulator for China inspections -SCMP
(Reuters) – PwC Hong Kong and KPMG China are the first accounting firms that will help a U.S. regulator inspect auditing work for United States-listed mainland companies, the South China Morning Post…
Hellofresh: working closely with U.S. regulator after public health alert
BERLIN (Reuters) – Hellofresh is working closely with the United States Department of Agriculture (USDA) and one of its suppliers following a public health alert, the company said on Monday, describing the…
Australia regulator removes Westpac’s add-on liquidity requirement
(Reuters) – Australia’s bank regulator said on Thursday Westpac Banking Corp no longer needs to keep an additional amount of cash reserve after the company took steps to rectify issues related to…
Japan regulator to enhance bank surveillance as foreign interest rates rise
By Makiko Yamazaki and Takahiko Wada TOKYO (Reuters) – Japan will step up surveillance of banks’ risk control as interest rises abroad create latent losses in their foreign bond holdings, reflecting concerns…
Singapore financial regulator imposes $9 million fine on commodity trader Noble Group
(Reuters) – Commodity trader Noble Group Ltd will pay a S$12.6 million ($9.03 million) penalty for releasing ‘misleading’ information in its financial statements between 2012 and 2016, the Monetary Authority of Singapore…
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