Tag: supervision
FINRA fines Landolt Securities for deficient supervision of electronic communications
Landolt Securities, Inc has agreed to pay a fine of $25,000 as a part of a settlement with the Financial Industry Regulatory Authority ( [...]
UNESCO and Netherlands design AI supervision project for the EU
The United Nations and the Dutch government announced plans for the creation of a framework for the ethical supervision of artificial intelligence (AI [...]
Crypto Companies in Netherlands Score Win in Fight Against Regulator’s $2.3M Supervision Bill
The legislation is still consistent with general norms of good governance, and the companies should still be regarded as under supervision, the judges [...]
The Fed’s Vice Chair for Supervision Suggests Big-Bank Regulation Changes
Michael S. Barr, the Federal Reserve’s vice chair for supervision, on Monday announced that he would be pushing for significant changes to how America [...]
U.S. Fed’s Supervision Chief Investigating What Happened with Silicon Valley Bank
Barr, a former Treasury Department official who briefly became an adviser for Ripple before returning to a government role in the Biden administration [...]
US Fed Standing Up New Squad of Crypto Specialists, Says Supervision Chief Barr
“While crypto-assets are hyped as decentralized, there has been an emergence of new, quite centralized intermediaries that are either not subject to o [...]
‘Home’ regulator could solve crypto’s ‘fragmented supervision’ issue: Comptroller
Cryptocurrency firms operating multiple entities in different countries should be overseen by one consolidated “home” regulator to stop them from play [...]
Crypto Bank Custodia's Bid for Fed Supervision Rejected Again
The Federal Reserve Board announced Thursday it had again rejected crypto bank Custodia's bid for Fed supervision.
www.coindesk.com [...]
US Federal Reserve denies Custodia Bank’s request for Fed supervision
The United States Federal Reserve has denied a request from cryptocurrency bank Custodia Bank to reconsider its membership application to the Federal [...]
Hong Kong securities regulator adds crypto personnel for industry supervision
Regulators in Hong Kong are stepping up their game when it comes to monitoring the activities of the crypto industry. According to a Securities and Fu [...]
Crypto needs ‘adult supervision’ and turmoil to ‘grow up’ — Microstrategy co-founder
High-profile crypto bankruptcies and a hearty price crash are necessary evils to help the industry grow, while greater regulation is a must, according [...]
Hong Kong to avoid FTX-like scenario through transparency and supervision
Just days after Binance CEO Changpeng “CZ” Zhao warned about the onset of greater regulatory scrutiny amid the FTX collapse, the Financial Secretary o [...]
Sam Bankman-Fried is ‘under supervision’ in Bahamas, looking to flee to Dubai
“Right now three of them, Sam, Gary, and Nishad are under supervision in the Bahamas. Which means it will be hard for them to leave,” a source familia [...]
Many crypto asset activities pose 'novel risks' to banks, says Fed vice chair for supervision
Michael Barr suggested financial institutions engage with U.S. regulators to ensure “safe, sound, and legall [...]
EU Commission Launches Proposal for Study of Automated DeFi Supervision
The study is the latest in a series of moves in a regulatory push across the bloc.
www.coindesk.com [...]