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JD Supra: UK Regulators Publish Approaches to AI Regulation in Financial Services
JD Supra· 18 hours agoIn summary, the releases made clear that there is a need for “pro-innovation” and “pro-safety”-focused approaches to any relevant regulations. Although it is unlikely that we will see prescriptive ...
Mexican Peso Slides as Ruling Party Landslide Spooks Investors
Bloomberg via Yahoo News· 2 hours ago(Bloomberg) -- Mexico’s peso slid as preliminary election results showed the ruling party winning in...
JD Supra: A deep dive into the FCA’s approach to the regulation of AI within financial services
JD Supra· 13 hours agoLast week the FCA issued three announcements concerning its approach to the digital future of financial services in the UK. Amongst these was the FCA’s AI Update, their response ...
Bunq, the $1.8 billion European neobank, hopes to secure license for UK expansion this year
CNBC· 6 hours agoPARIS — Dutch digital bank Bunq is hoping it will manage to secure a banking license from U.K. ...
Annuities' Non-U.S. Reinsurers May Face New Tests | ThinkAdvisor
ThinkAdvisor· 3 days agoFred Andersen, a Minnesota insurance regulator, told the NAIC panel in March that many U.S. life and...
In Supreme Court NRA ruling, justices issue unanimous decision in favor of gun group
USA TODAY via Yahoo News· 4 days agoThe NRA called the win a 'historic moment' in its fight for freedom. In a unanimous ruling, the...
'Open banking' is coming to the U.S. What is it and are banks ready?
Quartz· 2 hours agoThe banking industry took its time to transition from paper bills to plastic cards. “Open banking”...
New York Regulator: Crypto Firms Must Provide ‘Timely’ Customer Service
PYMNTS.com· 4 days agoNew York’s financial regulator has introduced new customer service guidelines for cryptocurrency...
Dispute involving condo’s new parking scheme lands in court, makes local news
Miami Herald via AOL· 1 day agoAccording to allegations brought...several fellow unit owners, some members of the Buckley Towers’...
Zero-down mortgages are making a comeback
CNN Business via AOL· 4 days agoThat scenario is “exactly what happened during the subprime crisis, when millions of homeowners were underwater on their mortgage and went into default,”...