Not exact matches
Online lenders have not been feeling a lot
of love lately, at least not from
regulators and other consumer
watchdog groups who are wary
of the industry.
It therefore has a lot
of incentive to play nice, which is another way
of saying that
regulators, competition
watchdogs and government have plenty
of reasons to be wary
of any such partnerships.
The
watchdog is leading the probe with the backing
of the European Union's remaining 27
regulators, who this week vowed to collaborate to get to the bottom
of the «very serious allegation with far - reaching consequences.»
China is merging its banking and insurance
regulators and transferring some
of those
watchdogs» roles to the central bank, the government has announced.
WASHINGTON, Jan 30 (Reuters)- The U.S. derivatives
regulator has sent a subpoena to two
of the world's largest cryptocurrency platforms, a person familiar with the matter told Reuters on Tuesday, as
watchdogs globally increase their scrutiny
of the emerging asset class.
The ultimate goal is to create a common nation - wide
regulator and end the patchwork
of 13 provincial and territorial securities
watchdogs.
Two more provinces have agreed to join a voluntary national securities
regulator expected to begin operations in the fall
of 2015, bringing the total number on board to four and giving the upcoming capital markets
watchdog a more pan-Canadian scope.
** MegaFon, Russia's No. 2 mobile phone company, has obtained clearance from the country's competition
watchdog for a potential acquisition
of rival Scartel, the
regulator said.
Politicians call for
watchdog to gauge affects
of deal, saying it should not hurt suppliersMPs from two parliamentary committees have called on the competition
regulator to examine how the merger
of Sainsbury's and Asda will affect suppliers.The merger
of the UK's second - and third - largest supermarket chains could hand them control
of about 30 %
of the -LSB-...]
Money Control IPOs The company had filed IPO papers with Securities and Exchange Board
of India (Sebi) in January and received «observations» from the
regulator on April 3, as per the latest update with the markets
watchdog.
A whistleblower is accusing some key financial
regulators of allowing sensitive broker information to become readily accessible, even as industry
watchdogs emphasized the need for companies to protect client data.
Charging that thousands
of patients are being misled and may be unnecessarily placed at increased risk
of death, a U.S.
watchdog group last week demanded that federal
regulators suspend a major clinical trial exploring when to offer blood transfusions after a heart attack.
Rather than simply urge the CCTS to release the survey results quickly, the
regulator has ordered it to do so — a move that came as a pleasant surprise to Howard Deane
of the Consumer Council
of Canada, who has been pushing the
watchdog on the issue.
• Bank
regulators have watered down a proposal that would have required borrowers to provide banks with new proof
of their creditworthiness each time they renewed their mortgages, the
watchdog said on Wednesday.
Canadian securities
watchdogs issued 60 investors alerts against businesses and individuals in 2016,
of which more than half dealt with online offers
of binary options, the Canadian Securities Administrators (CSA), an umbrella organization
of the country's provincial and territorial securities
regulators, said in its 2016 enforcement report.
A notice issued on Wednesday by the Canadian Securities Administrators (CSA), an umbrella organization
of Canada's provincial and territorial securities
regulators, regarding binary options providers was widely circulated by the financial
watchdogs, including the British Columbia Securities Commission (BCSC), the Autorite des Marches Financiers (AMF), and the Alberta Securities Commission (ASC).
Watchdog agencies announce debt collection crackdown — Federal and state
regulators announced a coordinated effort to fight a growing tide
of debt collection abuses... (more)
[Update - Nov. 2005: Federal
regulators at the Office
of the Comptroller
of the Currency, spurred on by
watchdog groups, are requiring banks that issue credit cards to increase minimum payments in accordance with guidelines laid out in Feb. 2003.
The proposed acquisition
of Canadian exchange operator TMX Group by a consortium
of Canadian financial institutions has won approval from Canada's top securities
regulator, potentially clearing the way for approval by the country's main competition
watchdog.
Insurance
regulator IRDA, which has won its turf war with market
watchdog SEBI over regulation
of ULIPs, is expected to tighten norms for these schemes, including commission charges, to make them attractive for investors.
Such rationalisation
of ULIPs commissions could also help narrow the gap between it and mutual funds, he said responding to queries over how a compromise could be reached between insurance
regulator IRDA and capital market
watchdog SEBI on the ULIPs issue.
To end the acrimony between the two
regulators, the government issued an ULIP Ordinance on June 18 as capital markets
regulator SEBI and insurance
watchdog IRDA could not resolve their dispute over which
of them was empowered to regulate such products.
Following a public spat between capital market
regulator SEBI and insurance sector
watchdog IRDA on which
of the two should regulate ULIPs that invest heavily in stock and bond markets, the Finance Ministry last month announced that the issue should be resolved by an «appropriate court.»
The insurance industry will remember 2010 as an eventful year in which insurance
regulator Irda came out on top in a turf war with market
watchdog Sebi over the regulation
of Unit - Linked Insurance Products, with the end result
of such schemes becoming investor - friendly.
Thereby the government is indicating that it is serious about letting insurance
watchdog IRDA and the insurers a free playing field when it comes to the lucrative Ulips, even if it is at the cost
of market
regulator Sebi and may well not be in the interest
of hundreds
of thousands
of investors.
A prosecutor from Seoul claimed the office was alerted to the potential misuse
of customer funds during an external audit into cryptocurrency exchanges by Korea's
regulator and
watchdog.
A coalition
of consumer
watchdogs filed a complaint Friday urging federal
regulators to investigate the feature.
In a statement published by the Financial Services Agency on Friday, the agency confirmed Thursday's news that suggested Binance was about to be warned by the financial
watchdog given its lack
of registration with the
regulator.
Elsewhere, the Bank
of Korea (the country's central bank), the Financial Supervisory Service (the financial
watchdog) and the Fair Trade Commission (the
regulator for economic competition), have all banned their employees from trading cryptocurrencies during work hours, urging them to trade during their off - duty hours instead.
The UK's data protection
watchdog, the ICO, has also applied for a warrant to gain access to CA's offices and servers — accusing the company
of failing to hand over information the
regulator had requested as part
of a wider investigation it's carrying out into the use
of data analytics for political purposes.
Cryptocurrency scams are nothing new and have seen a number
of regulators and
watchdogs turning up their scrutiny against fraudulent crypto - related investment schemes.
The head
of South Korea's financial
regulator and
watchdog has now confirmed the government will support cryptocurrency trading while encouraging banks to facilitate transactions with exchanges, effectively killing any fears
of a rumored ban.
Facebook is now facing intense and increasing scrutiny from
regulators and lawmakers, including an investigation launched by Britain's privacy
watchdog, the Information Commissioner's Office, which is seeking a warrant to search the offices
of Cambridge Analytica.
The head
of South Korea's financial
regulator and
watchdog has now confirmed the government will support cryptocurrency trading while encouraging banks to facilitate transactions with exchanges,...
Cryptocurrency investors now have peace
of mind as the head
of South Korea's financial
regulator, and
watchdog has said that authorities will support cryptocurrency trading.
CNIL, France's data protection authority and the chair
of a group
of privacy
regulators across Europe, said in August that privacy
watchdogs will be monitoring the change to WhatsApp's policy «with great vigilance.»
(Bloomberg)-- China's insurance
regulator is planning to send inspectors to Anbang Insurance Group Co., a person with knowledge
of the matter said, after the
watchdog stepped up scrutiny
of insurers» investments in real estate and...
(Bloomberg)-- China's insurance
regulator is planning to send inspectors to Anbang Insurance Group Co., a person with knowledge
of the matter said, after the
watchdog stepped up scrutiny
of insurers» investments in real estate and unlisted equities.