US SEC adopts rule allowing quorum of one
October 06, 2026
| Neil Roland
The US Securities and Exchange Commission adopted a new rule that allows a one-member quorum to be present for a vote, revising a 1995 rule that permitted two SEC members to constitute a quorum in certain case... (more story)
US Fed to mull changes to asset-based community bank definition, Bowman says
October 06, 2026
| Neil Roland
The US Federal Reserve this year will consider changes to the asset-based community bank threshold of $10 billion in a move to expand the number of small banks relieved of more stringent supervisory expectatio... (more story)
AI buildout may call for disclosures due to long-term risks, US Fed says
October 05, 2026
| Neil Roland
The AI buildout may entail financial risks related to "significant long-term structural shifts" that go beyond hazards of short-term asset repricing, a US Federal Reserve Bank of Kansas City paper said, noting... (more story)
Virtual-currency reporting rules withdrawn by US FinCEN
October 05, 2026
| Samuel Rubenfeld
The US Treasury Department withdrew two proposed rules on Monday that would have imposed reporting requirements relating to the money laundering risks of convertible virtual currency.
New AI regulation may be needed to impede cyber risks, IMF official says
October 02, 2026
| Neil Roland
New artificial-intelligence regulation may be needed to rein in development of cutting-edge tools that pose risks to society, said Dan Katz, the International Monetary Fund’s first deputy managing director. Th... (more story)
Former HSBC exec banned from UK financial industry over rail fare dodging
October 02, 2026
| Martin Coyle
A former HSBC executive who used a “doughnutting” scheme to avoid paying fares for his rail journey into London hundreds of times has been banned from working in the UK's financial services industry. Joseph Mo... (more story)
US Fed’s easing of capital requirements has led to liquid Treasury markets, Bowman says
October 01, 2026
| Neil Roland
The Federal Reserve’s relaxation of some capital requirements for the eight largest US banks, which took effect in the first quarter of 2026, has already resulted in improvements to the Treasury market, said M... (more story)
US says companies face discriminatory rules, other risks, despite India's FDI push
October 01, 2026
| Freny Patel
India’s investment reforms have failed to dispel US concerns over discriminatory rules, unpredictable regulation, aggressive enforcement, data localization, weak intellectual-property protection and slow legal... (more story)