In testimony to be delivered to lawmakers Thursday, US Federal Reserve Vice Chair for Supervision Michelle Bowman says the agency is updating its regulatory and supervisory thresholds “to reflect economic grow... (more story)

Information technology and operational risk, including cybersecurity risk, represent the largest category of Matters Requiring Immediate Attention for banks with US assets under $100 billion, the Federal Reser... (more story)

More financial services firms are set to be granted access to Anthropic's unreleased Claude Mythos Preview AI model, MLex understands. The move comes amid growing concerns among financial authorities in the UK... (more story)

Lawmakers in Britain’s upper chamber have urged financial regulators to ease key aspects of its proposed stablecoins regulation to enable a UK stablecoin market to be established and to grow. Members of the Fi... (more story)

A draft European Commission proposal, seen by MLex, extends withholding tax exemptions to more companies and cross-border payments, removing minimum holding requirements under the Interest and Royalty Directiv... (more story)

In his first speech since stepping down as US Federal Reserve chair, a perch where he was subjected to dozens of attacks and insults from President Trump over his interest-rate votes, Fed Governor Jerome Powel... (more story)

ENISA, the EU’s cybersecurity agency, is set to receive access to Anthropic’s forthcoming Mythos AI model, after the company made an offer to the European Commission to provide the agency with access. The move... (more story)

EU lawmakers and member states are expected to hold their first negotiation session on June 17 on revamped securitization rules aimed at boosting the bloc's market through loosened capital requirements and str... (more story)