Keywords: Financial regulation


Denmark’s FSA requests police probe into Nordea’s anti-money laundering compliance

The Danish Financial Supervisory Authority (FSA) has asked police to investigate whether Nordea Bank complied properly with anti-money laundering regulations in Denmark. The move reflects growing scrutiny of banks’ internal controls across Europe. Authorities are examining whether the bank met......

Morocco launches unified foreign exchange platform training program

Morocco’s Office des changes has initiated a nationwide training campaign to support the rollout of a new unified foreign exchange platform, marking a significant step in the country’s financial digitalization efforts. The initiative, launched in mid-April, is designed to prepare currency......

Moody’s relinquishes regulatory licence of South African subsidiary

Moody's has decided to give up the regulatory licence of its South African subsidiary, marking a strategic shift in how the global ratings firm operates in African markets. The company stated that the move is aimed at strengthening its focus on cross-border investors and African issuers seeking......

Italy wary of headquarters issue in UniCredit–Commerzbank talks

Italy is reportedly monitoring closely the ongoing discussions between UniCredit and Commerzbank, amid concerns that the Italian banking group could consider relocating its headquarters to Germany as part of a potential takeover strategy. According to sources familiar with the matter, such a move is......

UK financial regulator introduces clearer and simpler short selling rules

The United Kingdom’s Financial Conduct Authority (FCA) announced on Thursday the introduction of a revised regulatory framework for short selling, aiming to make the system clearer and easier for financial firms to follow. Short selling refers to an investment strategy in which traders bet that......

German debt brake reform unlikely during current government term, Bild reports

A planned overhaul of Germany’s constitutional borrowing limit, known as the “debt brake,” is not expected to be completed during the current government’s legislative term, according to reports from German media outlet Bild. The report suggests that the expert commission tasked......

US court rules States cannot block prediction market platform Kalshi

A U.S. federal appeals court has ruled that the state of New Jersey cannot block the operations of Kalshi, a platform that allows users to trade on the outcomes of real-world events, including sports. The decision marks a significant development in the legal debate surrounding prediction markets and......

India tightens currency controls as rupee faces growing pressure

India’s central bank, the Reserve Bank of India (RBI), has introduced new restrictions on currency trading as the rupee continues to face sustained pressure in global markets. The move aims to stabilize the currency and limit speculative activity. Under the new directive, banks and authorized......

Halkbank hires EY to review sanctions and anti-money laundering compliance

Turkish state-owned lender Halkbank has appointed the global consulting firm Ernst & Young to conduct an independent review of its compliance with international sanctions and anti-money laundering regulations. The decision follows an agreement reached with the United States Department of Justice......