Other news includes Republican resolutions to overturn CFPB overdraft caps, ESMA launching a consultation on simplified private securitization disclosures, and a hefty CFTC crypto fraud fine.
Other news includes the UK Home Office forcing Apple to provide encrypted data, US states going after BlackRock for concealing Chinese investment, and ESMA launching public consultations related to EMIR 3.
The bills are at the beginning stages. and should be on companies’ watch lists, but it is premature to take compliance steps beyond that.
Alexander and Julie say mandates in consumer protection, sustainability reporting, and privacy mean companies must maintain resources and skills to meet compliance challenges.
Peirce’s prepared remarks at the Northwestern Securities Regulation Institute outlined seven principles a newly comprised securities watchdog should follow.
The leading compliance industry event assembled a strong panel from Standard Chartered, NatWest, Deloitte and UBS for this discussion.
Other news includes the SEC rescinding crypto-unfriendly SAB 121, Meta keeping its fact-checking outside of the US, and Japan significantly raising its interest rates.
Divergence between AI expectations and reality predicted to shape 2025, with implications for other ecosystems hoping to leverage the tech.