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)

The US Securities and Exchange Commission proposed to withdraw pending Biden-era rules requiring thousands of public companies to disclose their climate-related impacts and the risks they face from global warm... (more story)

A political deal on the EU retail investment reform reached in December is expected to receive approval from national member states' representatives at a meeting on June 3, MLex has learned, following talks to... (more story)

The UK's gilt repo market must undergo reform to address vulnerabilities, but changes will take "years rather than months," a senior Bank of England official has reassured the financial industry after hedge fu... (more story)