
US Banking Regulators to Invite Public Feedback on New Regulations This March
The U.S. banking regulatory agencies are gearing up to engage the public on a significant new set of regulatory proposals. A scheduled event on March 6, 2025, will allow stakeholders, including industry experts and concerned citizens, to voice their opinions and concerns about impending changes to banking regulations. This initiative is seen as a move towards more transparent governance and an inclusive approach to policymaking within the financial services sector.
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China's Central Bank Engages with Credit Rating Agencies to Assess Industry Landscape
The People's Bank of China (PBOC) is taking proactive steps to address the current dynamics within the credit rating industry. On October 18, 2024, the PBOC announced plans to convene meetings with leading credit rating agencies to discuss the state of the industry, unveiling a strategic approach aimed at fostering better communication and understanding between financial regulators and credit assessors.
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