RegulatoryChanges

UK Implements Enhanced Oversight on Insider Trading in Secondary Markets

6 days ago

The United Kingdom has announced a proactive approach to safeguard its financial markets by intensifying the monitoring of insider trading risks, specifically focusing on secondary markets. This initiative underscores the government's commitment to maintaining market integrity, especially as investors increasingly turn to secondary platforms for trading various assets.

New Zealand Proposes RBNZ Rule Changes to Enhance Community Housing Initiatives

28 days ago

The New Zealand government is seeking to modify regulations set by the Reserve Bank of New Zealand (RBNZ) with the aim of bolstering community housing efforts. This initiative is part of a larger strategy to address the ongoing housing crisis that has left many residents without secure and affordable places to live.

Charles Schwab Sets Sights on Spot Crypto Trading as Regulatory Landscape Evolves

1 month ago

In a noteworthy development within the financial industry, Charles Schwab is preparing to enter the arena of spot cryptocurrency trading. This move is contingent upon anticipated changes to regulations that govern digital assets. As crypto trading gains more mainstream attention, Schwab is poised to capitalize on regulatory reforms that may make it more feasible for traditional financial institutions to engage in this burgeoning market.

Bill Hwang, Founder of Archegos Capital, Sentenced to 18 Years in Prison for Fraud

1 month ago

In a landmark ruling that has captured the financial world’s attention, Bill Hwang, the founder of the once-meteoric investment firm Archegos Capital Management, has been sentenced to an extensive 18 years in prison. This sentence follows Hwang's conviction on multiple charges of fraud and conspiracy, which were tied to the massive financial collapse of his firm in early 2021.

Santander Anticipates Under $600 Million Impact from UK Motor Finance Adjustments

2 months ago

In a recent announcement, Banco Santander revealed its expectations regarding the potential financial repercussions related to adjustments in its UK motor finance operations. The bank is projecting that the impact will be less than $600 million, signaling a more manageable outcome than initially feared.