The measures include better disclosures about investment products and services and a ban on inducements for “execution-only” sales.
May 26, 2023The NFRA absorbs the CBIRC in its entirety, and takes over certain functions from the PBOC and CSRC.
May 19, 2023Banks must confirm by 31 May that they have removed incentives linked to sales measures for salespeople and managers.
May 4, 2023The implementing rules set out the enforcement actions the SEC may take as well as measures to protect financial consumers.
May 2, 2023Securities and futures exchanges must ensure fairness and reasonableness in terms of latency, resource allocation and guarantees, and service agreements, among other areas.
April 27, 2023FCA executive director Sarah Pritchard said the new regime will apply to all firms marketing cryptoassets to UK consumers, regardless of where they are based.
April 26, 2023FIs that regularly conduct marketing and distribution activities would have to identify senior managers to exert oversight over these activities.
April 26, 2023A CFPB employee sent spreadsheets and other documents containing data of over 250,000 consumer accounts to their personal email account.
April 25, 2023The FTC plans to use existing authorities to pursue companies who misuse AI to violate laws against unfair and deceptive acts.
April 24, 2023MiCA is expected to come into force around July; provisions relating to stablecoins from July 2024; and provisions relating to CASPs and the travel rule from January 2025.
April 21, 2023