Regulators

Indonesia, with its rapidly increasing internet penetration and widespread adoption of digital financial services, has become a prime target for online fraud and scams. These issues are exacerbated by the country's legal and regulatory frameworks, which are struggling to keep pace with the

The recent enforcement action against Bank of America by the Office of the Comptroller of the Currency (OCC) highlights the significant regulatory pressures financial institutions face in ensuring robust Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance. The OCC's

In a bold move that has drawn significant attention from both the financial world and governmental authorities, UniCredit recently increased its stake in Commerzbank to 28%, stirring controversy with the German government. This strategic decision by the Italian banking giant places UniCredit at the

Rep. French Hill (R-AR) has been chosen as the next chair of the House Financial Services Committee, a prominent position entrusted with overseeing major federal financial entities including the Department of the Treasury and the Federal Reserve. Hill's appointment follows the retirement of

The Global Online Safety Regulators Network (GOSRN) has unveiled an extensive and carefully crafted strategic plan for 2025-2027, marking an important milestone in international collaboration in the realm of online safety regulation. This plan, unveiled during a prominent panel discussion at the

In a bold move to address the growing concerns over Google's monopolistic practices, the U.S. Department of Justice (DOJ) has put forward several stringent recommendations aimed at breaking up the tech giant's dominant position in the search engine market. These proposals, outlined in a