Keywords: Financial regulation


South Korean officials apologize over leveraged single-stock ETFs amid market turmoil

South Korea's top economic policymakers have publicly apologized for the introduction of single-stock leveraged exchange-traded funds (ETFs) after the products came under scrutiny for their potential role in amplifying volatility during the country's recent stock market downturn. Speaking during......

UK regulator fines EY and audit partner $1.6 million over Made.com audit failures

Ernst & Young (EY) and one of its audit engagement partners have been fined a combined £1.24 million (approximately $1.65 million) by the United Kingdom's accounting regulator following deficiencies identified in the audit of online furniture retailer Made.com. The sanctions underscore......

US Senate moves closer to a key vote on the CLARITY Act for cryptocurrency regulation

The US Senate is preparing for a potentially decisive vote on the CLARITY Act, a major legislative proposal aimed at establishing clearer rules for the cryptocurrency and digital asset industry. The legislation is expected to face a vote next week, placing the future of US crypto regulation at the center......

Italy’s Carlo Comporti gains EU backing to lead Europe’s securities regulator

European Union governments have endorsed Italian financial regulator Carlo Comporti as the next chair of the European Securities and Markets Authority (ESMA), placing him on track to take charge of one of the bloc’s key financial supervisory institutions. The decision was confirmed by EU ambassadors,......

Morocco ranks 62nd globally in the 2026 financial secrecy index

Morocco ranked 62nd out of 141 countries and jurisdictions in the 2026 Financial Secrecy Index, according to a report published by the Tax Justice Network. The Kingdom moved up one position compared with the previous edition, highlighting its continued presence in global assessments of financial transparency......

FATF warns of rising illicit finance risks linked to cryptocurrencies

The Financial Action Task Force (FATF) has warned that criminals are increasingly exploiting regulatory gaps in the virtual asset sector to move billions of dollars in illicit funds through cryptocurrencies, highlighting the growing complexity of financial crime in the digital economy. In its latest......

South Korea tightens rules on leveraged single-stock ETFs to curb market volatility

South Korea's financial authorities have announced tighter regulations on leveraged exchange-traded funds (ETFs) linked to individual companies, responding to concerns that the rapidly growing investment products have amplified volatility in the country's equity market. The new measures target......

Australia tightens oversight of Big Four accounting firms following governance scandals

Australia is set to strengthen regulatory oversight of the country's largest accounting firms after a series of governance controversies raised concerns about ethics, transparency and public confidence in the auditing profession. The federal government announced new measures aimed at increasing......

Poland moves to revive crypto assets law despite presidential veto

Poland is moving closer to aligning its cryptocurrency regulations with the European Union's new legal framework after a parliamentary committee voted to advance legislation that had previously been blocked by a presidential veto. The Finance Committee of the Polish Parliament recently backed efforts......