ICBA: Agencies should publish supervisory highlights on bank-fintech partnerships

Oct 31, 2024 | NewsWatch Today
To counteract “regulation through enforcement,” ICBA urged federal banking regulators to periodically publish supervisory highlights on key examination findings related to bank-fintech partnerships, similar to the Consumer Financial Protection Bureau’s.

FSB concerned about lack of stablecoin regulation

Oct 31, 2024 | NewsWatch Today
The Financial Stability Board reiterated its calls for countries to regulate stablecoins due to concerns about users losing confidence in stablecoins, which could lead to runs on issuers.

Task force updates AML-deficiency jurisdiction list

Oct 31, 2024 | NewsWatch Today
The Financial Action Task Force—a global anti-money-laundering watchdog—updated its lists of jurisdictions with AML deficiencies.