Chris Skinner

DECEMBER 19, 2019

1MDB probes: source Bank of England deserves to be embarrassed about security breach RBS’s top two investment bank executives depart City regulator Andrew Bailey favourite to … The post Things worth reading: 20th December 2019 appeared first on Chris Skinner's blog.

Regulation 213

Regulation Security Marketing 213

PYMNTS

OCTOBER 21, 2018

The Financial Action Task Force (FATF) announced that it will get one step closer to creating international standards for cryptocurrency when it launches its first set of rules in June of 2019. The move aims to stop the use of crypto for money laundering, terrorism financing or other crimes. Countries have attempted to rein in the market.

Bitcoin 199

Bitcoin Regulation cryptocurrency Analysis 199

Chris Skinner

JULY 14, 2019

Things we’re reading today include … French financial regulator wants more flexible market rules U.S. proposes barring big tech companies from offering financial services, digital currencies City regulator fines balloon to £320m in six months Will Mark Carney and George Osborne vie for the top IMF job?

Regulation 210

Regulation Marketing Company 210

Chris Skinner

NOVEMBER 12, 2019

Things we’re reading today include … Citi accused of trumpeting top trader’s dismissal Germany moves to unblock eurozone banking union City regulator staff slated over ‘shameful’ behaviour at London HQ Bank bosses acting like pilots who have parachutes their passengers don’t, regulator says Millionaire investors hoard (..)

Regulation 186

Regulation 186

Chris Skinner

JUNE 27, 2019

Things we’re reading today include … Credit Suisse is the sole bank tripped up by Fed stress test The best challenger bank accounts for business Shakespeare has a warning for bank regulators: be fearful Dutch bank and researchers begin defence against quantum computing’s dark side A Bank Built in 1.5 … The post Things worth reading: (..)

Regulation 210

Regulation 210

Chris Skinner

NOVEMBER 4, 2019

Things we’re reading today include … Goldman Sachs offers would-be parents on staff $20,000 to buy eggs OneCoin lawyer on trial for role in ‘crypto-scam’ Regulators press Deutsche boss to drop dual roles Santander buys majority stake in fintech Ebury for £350m Edmond de Rothschild chief warns private banks face … The post (..)

Regulation 190

Regulation Fintech 190

Chris Skinner

APRIL 30, 2019

Scottish have lowest trust in day-to-day banking services If Silicon Valley were a country, it would be among the richest on Earth UK competition regulator provisionally … The post Things worth reading: May 1st 2019 appeared first on Chris Skinner's blog.

Regulation 204

Regulation Cards 204

Chris Skinner

SEPTEMBER 22, 2019

and second, why aren’t FinTechs regulated like us. On … The post The Finanser’s Week: 16th September – 22nd September 2019 appeared first on Chris Skinner's blog. First, why aren’t we valued like FinTechs?

Maine 219

Maine Fintech Regulation US 219

Chris Skinner

FEBRUARY 3, 2019

Things we’re reading today include … Australia bank inquiry does not recommend individual criminal charges Wirecard says law firm found no findings of criminal misconduct Banking royal commission final report a scathing account of ‘conduct driven by greed’ – politics live Australian banking inquiry recommends new watchdog for (..)

Regulation 207

Regulation Report 207

Chris Skinner

AUGUST 18, 2019

Things we’re reading today include … HSBC: Chinese headwinds threaten to blow bank off course Bank of England boss Mark Carney pulls out of UK-China dinner ‘Workaholic’ Alison Rose poised to take on the ‘toughest role in banking’ to become the first female boss of RBS Australian regulator promises big … The post Things worth reading: (..)

Course 185

Course Regulation 185

Chris Skinner

FEBRUARY 19, 2019

Things we’re reading today include … Move over neon Monzo, now there’s a bank card that miaows Do we need a global technology regulator for financial services?

Regulation 179

Regulation Mobile Cards Technology 179

Chris Skinner

MARCH 19, 2019

bank regulator fines Citigroup $25 million for violating fair lending rules UK to lose £1tn of financial assets to Europe due … The post Things worth reading: 20th March 2019 appeared first on Chris Skinner's blog. Lloyds faces £300m bill for SLA divorce Citi starts up post-Brexit Frankfurt trading hub U.S.

Lending 196

Lending Regulation 196

Chris Skinner

FEBRUARY 14, 2019

Things we’re reading today include … Bank of America’s Brexit bill hits $400m One in 10 support quick sale of government’s RBS stake, poll finds Big tech disrupters may pose risk to financial stability, warns global regulator RBS profits more than double to £1.6bn Anxiety running high about London’s future … The (..)

America 200

America Regulation 200

Chris Skinner

AUGUST 14, 2019

Things we’re reading today include: Barclays ends partnership with cryptocurrency exchange Coinbase BCR awards £10m to Atom bank ECB tells UK banks to speed up staff moves to EU as Brexit looms German economy slips back into negative growth German fintech N26 appeases regulators as it eyes future IPO Monzo … The post Things worth reading: (..)

cryptocurrency 172

cryptocurrency Regulation Fintech 172

Chris Skinner

AUGUST 13, 2019

FTC chief says regulator is prepared to break up big tech firms: … The post Things worth reading: 14th August 2019 appeared first on Chris Skinner's blog. Things we’re reading today include … Danish bank launches world’s first negative interest rate mortgage Apple/Goldman Sachs: pay pals U.S.

Apple 164

Apple Regulation 164

Chris Skinner

NOVEMBER 7, 2019

Things we’re reading today include … Citi, Deutsche get go-ahead to probe regulator witnesses in landmark cartel case Wall Street investors slam Warren’s policies City traders: We want shorter working hours How big tech is dragging us towards the next financial crash Financial crime through video games is on the … The post Things (..)

Video 157

Video Policies Regulation US 157

Chris Skinner

OCTOBER 20, 2019

Things we’re reading today include … Life after Libra: how regulators could fuel rise of digital currency China’s central banker says yuan level ‘appropriate’, trade tensions risk to global economy Top fund manager forced to resign after BBC investigation Citi signals confidence in post-Brexit London World economy is sleepwalking (..)

Regulation 157

Regulation Management 157

Bank Innovation

DECEMBER 27, 2018

Bank Innovation's list of people to watch in 2019 include the head of a large bank, the head of a community bank, a regulator, an investor with money to burn and the head of one of the biggest fintechs in the industry. The people on the list were chosen by BI's editors and are listed in […].

Community Bank 170

Community Bank Community Regulation Innovation 170

Chris Skinner

FEBRUARY 19, 2019

Things we’re reading today include … Move over neon Monzo, now there’s a bank card that miaows Do we need a global technology regulator for financial services?

Regulation 150

Regulation Mobile Cards Technology 150

Chris Skinner

MARCH 18, 2019

Things we’re reading today include … Regulators press for overhaul of Metro Bank board UK bankers on standby as City readies no-deal contingency plans More than £100bn of UK property is secretly owned Brexit spurs biggest cut in UK business investment in 10 years: BCC Banks discriminating against the vulnerable, … The post Things (..)

Metro 165

Metro Regulation 165

Chris Skinner

DECEMBER 7, 2019

It’s something I have blogged about for a decade, and the recurring theme is free banking should be banned by the regulator as it’s only free as long … The post The Finanser’s Week: 2nd December – 8th December 2019 appeared first on Chris Skinner's blog.

Maine 213

Maine Regulation 213

Chris Skinner

MARCH 19, 2019

bank regulator fines Citigroup $25 million for violating fair lending rules UK to lose £1tn of financial assets to Europe due … The post Things worth reading: 20th March 2019 appeared first on Chris Skinner's blog. Lloyds faces £300m bill for SLA divorce Citi starts up post-Brexit Frankfurt trading hub U.S.

Lending 157

Lending Regulation 157

Chris Skinner

JUNE 23, 2019

Things we’re reading today include … Has Deutsche Bank left it years too late for a turnaround?

Regulation 205

Regulation 205

Chris Skinner

DECEMBER 14, 2019

It started when someone had picked up on my blog about Ana Botin, where she made the comment: “Why should data be regulated in a … The post The Finanser’s Week: 9th December – 15th December 2019 appeared first on Chris Skinner's blog.

Maine 204

Maine Regulation Data 204

Chris Skinner

JANUARY 31, 2019

Things we’re reading today include … Deutsche Bank swings to first full-year net profit since 2014 German regulators probe price decline at Wirecard UK fintech shuts US operation to save Chinese deal Barclays trial jury told to ignore defendants’ jokes about prison TSB computer meltdown bill rises to £330m Metro … The post Things (..)

Metro 150

Metro Regulation Fintech US 150

Chris Skinner

FEBRUARY 14, 2019

Things we’re reading today include … Bank of America’s Brexit bill hits $400m One in 10 support quick sale of government’s RBS stake, poll finds Big tech disrupters may pose risk to financial stability, warns global regulator RBS profits more than double to £1.6bn Anxiety running high about London’s future … The (..)

America 150

America Regulation 150

PYMNTS

FEBRUARY 9, 2020

billion in 2019, according to Chainalysis and The Wall Street Journal , which was a bigger figure than either of the preceding two years combined. Reports of high percentages of weak checks on cryptocurrency, along with the reported fraud, have prompted calls for regulation on the new forms of currency.

Fraud 207

Fraud cryptocurrency Bitcoin Comparison 207

Bank Innovation

DECEMBER 19, 2019

The Federal Reserve is investigating the second significant disruption in 2019 of a payments service administered by the U.S. central bank. Certain bank transactions were delayed after ACH — which stands for the automated clearinghouse system — experienced delays but it is now up and running.

System 243

System Payments Capital Compliance 243

Chris Skinner

SEPTEMBER 17, 2019

Things we’re reading today include … Big banks score win as U.S.

Regulation 172

Regulation 172

PYMNTS

JULY 17, 2020

Chinese regulators have seized control of nine financial institutions (FIs) alleging they violated rules and jeopardized the country’s financial system. Only through a regulator takeover can the problems be forcibly dealt with through administrative measures.”. The regulators insist the takeovers will ensure stability of the firms.

Regulation 151

Regulation Security Regional System 151

PYMNTS

DECEMBER 23, 2019

The same framework should be in place to improve technology used by regulators in efforts to strengthen supervision throughout the industry, the think tank also says. billion this year, according to the 2019 China AI Development. The risk and safety lines with AI in China in the finance sector appear to be blurring. trade war.

Regulation 202

Regulation Groups Policies Big Data 202

PYMNTS

NOVEMBER 19, 2019

It seems a fair question to ask of the technology sector as 2019 draws to a close. Google, at $1,314, is about 23 percent than at 2019’s dawn. And regulators, along with policymakers, tend to bring an uncertainty when it comes to growth prospects. How do you value a company if you don’t know what the company will look like?

Regulation 100

Regulation Google Apple Groups 100

PYMNTS

JANUARY 7, 2019

In Ireland, reported CryptoGlobe , the Irish cabinet has approved legislation that will bring more regulation to the sector. Separately, in India, the action toward crypto regulation seems to be … inaction. The site noted that the new rules still await passage by the country’s legislative body. We have not decided on specific measures.

Regulation 151

Regulation cryptocurrency National Capital 151

PYMNTS

JUNE 29, 2020

Numerous regulators had discussions over the years about tightening supervision on Wirecard or adding it to a list of potential subjects for more investigations, but all decided against it, Reuters reports. Putting it under the umbrella of financial firms would have put the whole company under bank regulation.

Regulation 144

Regulation Report Capital Company 144

PYMNTS

JANUARY 29, 2021

eCommerce giants, India is considering revising its rules after allegations surfaced that Amazon and Walmart’s Flipkart devised ways to sidestep investment regulations. USIBC also asked India’s Department for Promotion of Industry and Internal Trade (DPIIT) to engage in substantive consultation with companies on eCommerce regulation.

Regulation 178

Regulation US Policies Compliance 178

PYMNTS

SEPTEMBER 22, 2020

China's top regulator, the State Administration for Market Regulation, has fined coffee chain Luckin Coffee and other firms that helped it inflate its sales and expenses last year, The Wall Street Journal reported. The regulator said on Tuesday (Sept. That prompted the regulator to start the investigation.

Regulation 143

Regulation Company Fraud Policies 143

PYMNTS

DECEMBER 26, 2018

companies should expect to see a rise in breaches in 2019, “as chronically improving malware will be deployed more aggressively on more fronts.” Ackerman also warned that another wave of ransomware is expected to hit in 2019. According to Robert Ackerman, Jr., ” Those cyberattacks cost companies in all areas.

National 192

National Washington Data Security 192