Financial Services

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 a... (more story)

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... (more story)

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 th... (more story)

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 a... (more story)

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 cap... (more story)

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,... (more story)

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, und... (more story)

Clearinghouses and central securities depositories would be supervised by the European Securities and Markets Authority, or ESMA, under the latest compromise proposed by lead lawmaker Markus Ferber on a packag... (more story)