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…
Tesla seeks hearing on California regulator Autopilot allegations
(Reuters) – Tesla Inc has asked for a hearing to present a defense after it was accused by a California state transportation regulator of falsely advertising its Autopilot and Full Self-Driving features…
Colombia financial regulator may take steps to curb credit limits
BOGOTA (Reuters) – Colombia’s financial regulator said on Wednesday it could take measures to counteract ballooning consumer credit limits and tackle rising household debt as interest rates and inflation climb. The amount…
Australian crypto ownership warrants consumer protection, says regulator
SYDNEY – Nearly half of Australian retail investors owned cryptocurrency in late 2021 and more got their information from YouTube videos than from financial advisers, the securities watchdog said on Thursday, calling…
Crypto firm Blockchain.com registers with Italian regulator
(Reuters) – London-based crypto firm Blockchain.com said on Thursday it had registered as a virtual asset service provider in Italy, the latest in a string of digital asset firms to do so.…
U.S. regulator to allow Freeport LNG to resume partial operations in October
By Liz Hampton (Reuters) – The second-largest U.S. liquefied natural gas (LNG) exporter on Wednesday said it reached an agreement with a federal regulator that will allow it to resume some operations…
China’s securities regulator head says stabilising market is top priority
SHANGHAI – China’s securities regulator chief said they will make stable capital market operations a top priority amid deepening worries about the economic outlook and fluctuations in stocks. The world’s second-largest economy…
Shadow-banking risks in China curbed significantly, regulator says
BEIJING – The assets and risks of China’s “shadow” banking sector have declined significantly through continuous regulation, the state-run Securities Times on Saturday quoted a top regulator as saying. The sector has…
China will keep forex market steady in H2 – forex regulator
BEIJING – China will keep its foreign exchange markets steady in the second half of this year and will safeguard the country’s economic and financial security, the foreign exchange regulator said on…
India aviation regulator halves SpiceJet’s capacity after snags
BENGALURU – India’s aviation regulator on Wednesday ordered SpiceJet to slash its approved fleet to 50% this summer for eight weeks citing safety snags and said it will subject the domestic airline…
China to keep real estate financial policy consistent, regulator says
BEIJING – China will keep real estate financial policies consistent and stable, the country’s banking and insurance regulator said on Thursday. An orderly property market will better meet the reasonable demand of…
Chinese district regulator inspects Pizza Hut stores over food safety issues
BEIJING – A Chinese district regulator said it is carrying out inspections of 45 Pizza Hut stores in Beijing after one was accused by media of food safety breaches. The market regulator…
EXCLUSIVE: Biden Admin Hit With Lawsuit For Hiding Records On ‘Hostile Takeover’ Of Key Regulator
EXCLUSIVE: Biden Admin Hit With Lawsuit For Hiding Records On ‘Hostile Takeover’ Of Key Regulator Gabe Kaminsky on July 14, 2022 President Joe Biden’s Consumer Financial Protection Bureau (CFPB) is being sued…
Australian regulator lifts additional capital overlay on Allianz Australia
(Reuters) -Australia’s prudential regulator said on Thursday it has scrapped the additional capital requirement of A$150 million ($101.64 million) placed on the local unit of Allianz SE after finding the insurer has…
China regulator fines Alibaba, Tencent for disclosure violations
SHANGHAI – China has imposed fines on technology giants Alibaba and Tencent as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions,…
EU drugs regulator open to COVID boosters that target older Omicron offshoots
By Natalie Grover and Ludwig Burger LONDON -The European Medicines Agency (EMA) is open to using next generation COVID-19 vaccines that target older offshoots of the Omicron variant this fall, an official…
Canadian regulator tightens rules for riskier mortgage products
TORONTO – Canada’s financial regulator said on Tuesday it would tighten rules for riskier home loan products, in a bid to address concern over high levels of mortgage debt driven by record-low…
Hong Kong regulator sharpening scrutiny of derivatives after Archegos saga
By Selena Li HONG KONG – Hong Kong’s financial watchdog is tightening oversight on derivatives markets after the collapse of Archegos Capital Management, a senior official at the city’s Securities and Futures…
China regulator proposes new rules to improve anti-monopoly governance
BEIJING – China’s market regulator published on Monday draft rules and provisions aimed at improving its ability to govern antitrust behaviour, as the country prepares to implement a revised anti-monopoly law in…
German finance regulator orders audit of Adler’s 2021 annual report
BERLIN – German finance regulator Bafin on Wednesday said it had ordered an audit of Adler Real Estate’s approved 2021 consolidated financial statements and the summary management report. There were first indications…
China regulator denies it asked foreign banks for executive pay details
SHANGHAI/HONG KONG – China’s securities regulator on Tuesday denied that it and its securities association had asked foreign investment banks for senior executives’ pay details or suggested they implement pay curbs, rejecting…
EU drug regulator: mRNA COVID vaccines do not cause absence of menstruation
LONDON – Available data suggest that mRNA COVID-19 vaccines do not cause an absence of menstruation, the European Union’s health regulator concluded on Friday. The assessment was prompted by reports of menstrual…
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, Britain’s payments…
China and U.S. are committed to reach audit deal, Chinese regulator says
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 requirements for…
Nigeria’s markets regulator publishes rules on crypto assets
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 on crypto…
KPMG faces $18 million misconduct fine for misleading regulator
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 firm Regenersis.…
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