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Michelle Bowman

US Fed’s Global Systemically Important Bank plan `misses the mark,’ group says

Eero HEINALUOMA sitting in the European Parliament

Heinäluoma’s plan for EU-level oversight of asset managers faces backlash

Woman with shoulder-length dark hair wearing a dark outfit and pearl necklace, sitting with arms crossed in front of a microphone

Supreme Court blocks Trump’s attempt to oust US Fed Governor Cook

Insight View More

US Fed’s Global Systemically Important Bank plan `misses the mark,’ group says July 02, 2026 | Neil Roland

The US Federal Reserve’s proposal for Global Systemically Important Bank surcharges ignores real-life experience with the 2023 banking crisis, the non-profit, non-partisan Better Markets group said. A posting ... (more story)

Forvis Mazars sanctioned by UK regulator for Studio Retail audit failings July 02, 2026 | Maciej Boguslawski

Audit and professional services firm Forvis Mazars and one of its audit partners have been sanctioned by the UK’s audit watchdog for serious failings in an audit of Studio Retail Group. The company entered adm... (more story)

UK pension providers urged to do more for consumers with older products July 02, 2026 | Maciej Boguslawski

UK pension providers should do more to improve outcomes for customers holding older products, the financial markets watchdog has urged after finding that some may be receiving poorer value than savers invested... (more story)

UK motor finance redress scheme delayed following legal challenges July 02, 2026 | Martin Coyle

A UK program for lenders to pay £9.1 billion in compensation to customers who were missold car finance has been delayed following legal challenges from a consumer group and three finance companies, the Financi... (more story)

EU power plan, emissions system review, banking report postponed to July 17 July 02, 2026 | Helena Freitas

The EU’s electrification action plan, the review of the bloc’s Emissions Trading System, network-charges measures and a bank competitiveness report are set to be unveiled on July 17, two days later than initia... (more story)

Binance faces £150m UK lawsuit over derivative 'losses' by investors June 30, 2026 | Martin Coyle

Crypto trading platform Binance faces a £150 million UK lawsuit brought by investors who claim they made substantial losses after being wrongly sold high-risk complex derivative products that lost them million... (more story)

KakaoPay takes Alipay data-transfer case to appellate court in South Korea June 30, 2026 | Jenny Lee

KakaoPay has taken its fight with South Korea’s privacy regulator to the appellate court, challenging a ruling that upheld a 6 billion won ($3.9 million) sanction over its transfer of roughly 40 million users’... (more story)

Crypto firms to get financial resilience tests under new UK regime June 29, 2026 | Martin Coyle

UK-base financial firms that help people buy and trade cryptoassets will be subject to financial resilience standards and will be capital and stress tested, the financial regulator said Tuesday. A new regime i... (more story)

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Heinäluoma’s plan for EU-level oversight of asset managers faces backlash July 01, 2026 | Fanny Roux

Asset managers are pushing back against a key EU lawmaker's proposal to bring them under direct supervision by the European Securities and Markets Authority, calling it unwarranted and contrary to EU competiti... (more story)

UK financial regulators’ tone shifts on AI after frontier models access shock July 01, 2026 | Patricia Figueiredo

UK financial regulators are sharpening warnings over AI risks, including whether existing frameworks can manage increasingly autonomous systems and cyber threats. The shift, flagged in recent speeches by top B... (more story)

US Fed’s independence hangs by thread after Trump move to oust Cook June 30, 2026 | Neil Roland

President Trump’s unsuccessful attempt to oust US Federal Reserve Governor Lisa Cook hinged on one conservative justice’s ballot in the 5-4 vote Monday. That leaves either of the two conservatives who sided wi... (more story)

Litigation funding faces first review at EU’s top court June 30, 2026 | Jean Comte

Litigation funders will see judges at the EU's highest court get their first taste of the burgeoning industry in a case over whether antitrust class actions backed by investment funds infringe the bloc's rules... (more story)

US FTC chairman may revamp 20-year antitrust, consumer protection orders June 22, 2026 | Mike Swift and Khushita Vasant

The chairman of the US Federal Trade Commission, Andrew Ferguson, has ordered the agency's antitrust and consumer protection staff to scrutinize whether a 1995 FTC policy that settlement orders sunset only aft... (more story)

‘Putney Pusher’ likely to face UK regulatory sanction if he is a banker June 16, 2026 | Martin Coyle and Sofia Gerace

If the man suspected of being the so-called Putney Pusher turns out to be a banker, he will face a ban from the UK’s financial service industry if convicted — even though the alleged offense occurred long befo... (more story)

EU watchdog moves to ground equity-market transparency debate in evidence June 04, 2026 | Fanny Roux

The European Securities and Markets Authority is stepping in as referee in the business dispute between trading venues and banks that execute trades internally with less-stringent transparency requirements. Th... (more story)

EU's largest economies lead push for market integration compromise May 29, 2026 | Fanny Roux

The EU's six largest economies on Friday proposed compromises on the bloc's contentious capital markets reform, including restricting ESMA oversight to significant crypto firms and adopting a phased approach f... (more story)

Official Statement View More

US Senator Warren criticizes restructuring plan for regional Fed bank structure July 02, 2026
New 'small mid-cap company' category backed by EU lawmakers in committee July 02, 2026
Moody’s Germany fined €2.1m by EU markets regulator over reporting failures July 02, 2026
US senators call for probe of Fed Vice Chair Bowman’s private Wall Street dinner July 01, 2026
EU financial supervisors seek feedback on simplifying sustainability disclosure rules July 01, 2026
US SEC invites public comment on 'novel' exchange-traded funds June 30, 2026
UK plan for 'systemic' stablecoin issuers includes joint oversight by BOE, FCA June 30, 2026
Regulators should check whether current rules are fit for AI, UK central banker says June 30, 2026
Luxembourg bank fined by ECB over capital reporting breach June 30, 2026
EU bank-failure authority set to speed up debt-repayment approvals June 30, 2026
Open Markets says US Supreme Court 'grossly usurped' Congress in Slaughter case June 29, 2026
Swiss financial regulator takes action against firms over real-estate conflicts June 29, 2026
US Senator Cantwell says Supreme Court 'gutting' independent agencies June 29, 2026