Financial Services

Insight View More

EU venture capital framework revamp expected by summer 2027 November 05, 2026 | Fanny Roux

A European Commission legislative proposal to boost the bloc's venture and growth capital markets is expected by summer 2027. It would include an initiative initially scheduled for 2026 as part of the broader Savings and I...(read more)

US OCC's AI guide says examiners should inspect banks' existing risk categories November 04, 2026 | Neil Roland

US bank examiners looking at AI risk should inspect an institution’s existing risk categories, such as operational, compliance and credit threats, rather than a "separate and distinct" risk category, according to the Offic...(read more)

EU countries’ stance on planned market integration legislation approved November 04, 2026 | Fanny Roux

Plans to better integrate EU capital markets have taken a step forward with national representatives approving a text for the Market Integration and Supervision Package, paving the way for finance ministers to back it on N...(read more)

`Equity perps’ can start trading on US CFTC-registered exchanges, Selig says November 03, 2026 | Neil Roland

Perpetual futures contracts on individual stocks can begin trading today for the first time on US Commodity Futures Trading Commission-registered exchanges, Chair Michael Selig said — to the consternation of Senator Elizab...(read more)

EU Commission to withdraw financial data access proposal, draft shows (update*) November 03, 2026 | Fanny Roux

The European Commission plans to withdraw its proposed Financial Data Access Regulation, or FIDA, within six months, according to a draft 2027 work program, obtained by MLex. The proposal, aimed at facilitating the sharing...(read more)

US SEC should mull changes to its 2006 company penalties policies, Uyeda says November 02, 2026 | Neil Roland

The US Securities and Exchange Commission should consider revising its 2006 corporate penalties policies in light of changed situations not originally contemplated that have led to unprecedented and unwarranted fines again...(read more)

California climate disclosure laws to be reviewed by US OCC October 30, 2026 | Neil Roland

California should exempt its federally chartered banks from a 2023 law requiring disclosure of greenhouse gas emissions, US Comptroller Jonathan Gould said, citing an “undue burden” on the firms and a distraction for bank ...(read more)

US says UK businessman offered laundering services to hackers, sex traffickers October 30, 2026 | Samuel Rubenfeld

A UK businessman living in Hong Kong was charged in the US with laundering money he believed to be the proceeds of computer hacking, and he offered to provide his services if the funds were derived from drug trafficking, s...(read more)

Comment View More

EU simplification plans raise uncertainty over privacy duties for data sharing October 29, 2026 | Júlia Tar

Providers of blockchain-based identity and document verification tools, including digital wallets, could face additional General Data Protection Regulation duties when sharing data about people they can't identify under EU...(read more)

Israeli election puts legal certainty, sanctions risk in focus for tech investors October 27, 2026 | Inbar Preiss

Israel’s election puts political stability, legal certainty and sanctions risk in focus for tech investors. Businesses seek predictable rules and international partnerships, while experts warn cryptocurrency and closer Chi...(read more)

US banking regulators probe firms in ‘de-banking’ report, mull additional rules October 20, 2026 | Neil Roland

Following a government report last week on banks’ denial of services to politically conservative clients, US regulators are investigating rule compliance among the banks in the report and are considering rules to protect f...(read more)

BofA’s transaction monitoring system failed to capture risks, US alleges October 16, 2026 | Samuel Rubenfeld

When Bank of America designed and implemented a transaction monitoring system in 2010, the bank had described the program as the first of its kind in the industry, according to documents released Tuesday by the US Treasury...(read more)

EU countries likely to keep power to set securitization due-diligence sanctions October 16, 2026 | Fanny Roux

EU countries could retain the power to set administrative penalties for breaches of securitization due-diligence requirements, under a compromise being considered ahead of negotiations between EU governments and lawmakers ...(read more)

EU lawmakers seek deal on divisive crypto oversight, stablecoins, market abuse October 14, 2026 | Fanny Roux

Significant cryptoasset service providers would come under ESMA's direct supervision, and smaller ones could opt for EU-level oversight, under a compromise proposed as part of lawmakers' scrutiny of the EU capital markets ...(read more)

On capital markets integration, EU govts reach a scaled back but pragmatic deal October 09, 2026 | Fanny Roux

A major deal on centralizing significant EU market entities was reached on Friday among EU finance ministers. The agreement narrows the proposed scope of entities transferred to ESMA, including trading venues, and weakens ...(read more)

EU countries inch closer to centralized market supervision deal, draft shows October 05, 2026 | Fanny Roux

Significant market infrastructures such as trading venues, clearinghouses and central securities depositories would be supervised by the EU watchdog, as well as significant crypto-asset services providers, under a compromi...(read more)