US SEC, CFTC adopt standards for data reported by firms
June 08, 2026
| Neil Roland
The US Securities and Exchange Commission and the US Commodity Futures Trading Commission established technical standards for data submitted to some financial regulators under a 2022 law. The two agencies were... (more story)
FTX founder Bankman-Fried applies for Trump pardon
June 08, 2026
| Samuel Rubenfeld
Samuel Bankman-Fried, the founder of FTX who was sentenced to 25 years in prison for stealing billions of customer deposits and investor funds provided to his cryptocurrency exchange, has asked President Donal... (more story)
UK banks call for closer financial services 'partnership' with EU ahead of summit
June 08, 2026
| Sofia Gerace
The UK banking and finance industry is pushing the government to enhance regulatory ties with the EU in financial services as part of efforts at a leaders’ summit for next month intended to "reset" the UK-EU r... (more story)
EU lawmakers close in on digital euro deal ahead of key vote
June 08, 2026
| Helena Freitas
The draft digital euro regulation has cleared a key hurdle in the European Parliament, after lawmakers reached agreement on core provisions. Technical work will continue this week before a committee vote on June 23.
UK regulator takes further action against ex-star fund manager Woodford
June 08, 2026
| Martin Coyle
Former star fund manager Neil Woodford faces further action by the UK’s financial regulator over a subscription-based investment platform set up following the collapse of his eponymous fund. Woodford was banne... (more story)
US SEC should cancel 2023 cyber disclosure rules, banking group says
June 05, 2026
| Neil Roland
A major banking group urged the US Securities and Exchange Commission to eliminate its 2023 cybersecurity disclosure rules in light of frontier artificial intelligence models that expose companies to unprecede... (more story)
Western Asset Management settles US SEC probe over ex-CIO’s cherry-picking scheme
June 05, 2026
| Samuel Rubenfeld
Western Asset Management, a unit of Franklin Resources, agreed to pay $100 million to resolve a US Securities and Exchange Commission probe into the firm’s failure to detect and prevent an alleged $600 million... (more story)
EU retail investment deal approved by national ambassadors
June 05, 2026
| Fanny Roux
EU national ambassadors on Friday approved the final text of the retail investment strategy to boost citizen participation in EU capital markets, following the political agreement reached by EU countries and t... (more story)