The European Union’s securities watchdog proposed on Friday that regulators should have more powers to scrutinize financial services to protect retail investors from misleading marketing strategies. The European Securities and Markets Authority (ESMA) gave recommendations to the EU’s executive European …
European lawmakers on Thursday have agreed on new sweeping legislation that will regulate the market power of tech giants like Google, Amazon and Facebook. The Digital Markets Act (DMA), proposed by the EU’s antitrust chief Margrethe Vestager, targets what it …
The Biden administration is preparing to release an executive order to outline a government-wide strategy to regulate cryptocurrencies, according to reports. According to several reports citing unnamed sources familiar with the matter, the White House is preparing to release the …
Thailand is planning to regulate the use of digital assets as payments for goods and services to keep an eye on its risks on the country’s financial markets, its central bank and market regulator said on Tuesday. Businesses that are …
Hong Kong has been replaced by Shanghai in the world’s top three venues for stock listings as crackdowns in China’s private sectors continue to hurt investor sentiment. Shanghai took over third place after raising $45.6 billion in new initial public …
Italian antitrust regulators imposed Amazon on Dec. 9 with a €1.13 billion ($1.28 billion) fine for alleged abuse of market dominance. The Autorità Garante della Concorrenza e del Mercato (AGCM) said in a statement that Amazon abused its dominant position …
The European Commission has fined five banks a combined €344 million ($390 million) for being involved in a foreign exchange trade cartel. Barclays, RBS, HSBC, and UBS were fined a discounted total of €261 million for acknowledging their involvement in …
Hong Kong has been replaced by Shanghai in the world’s top three venues for stock listings as crackdowns in China’s private sectors continue to hurt investor sentiment. Shanghai took over third place after raising $45.6 billion in new initial public …
The United States Securities and Exchange Commission (SEC) has filed 75 enforcement actions against crypto companies and individuals involving allegations of fraud or unregistered initial coin offerings over the past 7 years resulting in more than $1.77 billion in penalties. …
