US banking regulators should modify their planned Basel III capital requirements to enable more access to home mortgages for first-time and working-class buyers, a Republican and Democratic lawmaker said. The ... (more story)

The three lawmakers leading the European Parliament's scrutiny of plans to further integrate the EU's capital markets are scheduled to hold their first of string of meetings with other lawmakers on Sept. 1 in ... (more story)

EU lawmakers will vote Thursday on whether to confirm the European Parliament’s mandate to start digital euro negotiations with member states, after three right-wing groups formally challenged the committee po... (more story)

Financial institutions across the world should focus on materiality and proportionality in their use of AI in responding to a Financial Stability Board consultation, FSB official Michelle Bowman said. The cons... (more story)

The third round of talks on plans to boost the bloc's securitization framework between EU governments and the European Parliament has been scheduled for Sept. 29 in Brussels, MLex has learned. The legislative ... (more story)

The EU's action plan on cybersecurity and AI won't be accompanied by new legislation, the bloc's tech chief Henna Virkkunen said on Tuesday as it was unveiled. Instead, the European Commission will focus on im... (more story)

Stockholm-based Klarna, known for its buy-now, pay-later services, has become the latest financial technology company to apply to become a regulated US bank. “Banking is built on trust,” Sebastian Siemiatkowsk... (more story)

The European Parliament’s digital euro position is set to face a full assembly vote on Thursday, as the far-right Patriots for Europe group is expected to challenge the committee’s mandate to start talks with ... (more story)