regulation
Rules Stay the Same: So Why Is AI So Hard to Watch?
- The advent of AI does not change supervisory obligations, it simply changes what must be supervised and how.
- Studies show AI models can hallucinate at rates approaching 60%, and their reasoning often remains opaque. This leads to the central supervisory question every firm must confront.
Thursday, 04/12/2025 | 07:21 GMT by
Aydin Bonabi
ASIC Traps Investment Boss in Australia as $8M Bond Scam Unravels
- One scammed retiree reportedly lost $750,000 after investing what he believed were legitimate Macquarie and UBS bonds.
- In reality, however, no transactions most likely took place.
- The most concerning aspect is that, despite the alleged fraud, the perpetrators held ASIC authorization.
Tuesday, 23/09/2025 | 05:39 GMT by
Damian Chmiel
MiCA Regulation and CASP License, or Your Golden Ticket to Europe’s Crypto Landscape
- Gone are the times of a confusing regulatory patchwork
Thursday, 11/09/2025 | 10:07 GMT by
FM
HSBC Faces Double Trouble: Money Laundering Probe Meets Profit Plunge
- HSBC disclosed that Swiss and French authorities are investigating its private bank over alleged misconduct involving historical banking relationships.
- The bank also reported disappointing Q2 results with profit before tax falling 29% to $6.3 billion, and it announced a $3 billion share buyback.
Wednesday, 30/07/2025 | 09:38 GMT by
Damian Chmiel
“Decreasing Regulatory Burden is a Focus” in Market Overhaul, Says FCA's Holland
- The UK's watchdog Director Dominic Holland announced the regulator's commitment to “rebalancing risk across the industry.”
- It wants to become a “smarter regulator: predictable, purposeful and proportionate” through reduced compliance burdens.
Monday, 26/05/2025 | 07:42 GMT by
Damian Chmiel
ESMA Finalises Guidelines for EU Regulators on Detecting and Preventing Market Abuse in Crypto
- Authorities must monitor crypto using on-chain and off-chain data, focusing on new abuse tactics.
- Regulators must confirm compliance within two months, with ESMA publicly publishing any non-compliance.
Tuesday, 29/04/2025 | 09:41 GMT by
Tareq Sikder
FCA Plans to Remove “Imprecise” Transaction Cost Disclosures for 12.6 Million UK Investors
- The regulator wants to eliminate requirements to calculate and disclose “implicit” transaction costs like bid-ask spreads.
- The proposal is part of a broader overhaul of the UK's investment disclosure regime, replacing EU-era rules with a simplified framework.
Wednesday, 16/04/2025 | 08:29 GMT by
Damian Chmiel
Court Pulls Plug on $274 Million First Guardian Fund as ASIC Moves to Expose Misconduct
- The Federal Court has ordered the liquidation of Falcon Capital and its $274 million First Guardian Master Fund following ASIC's application.
- Simultaneously, the regulator is consulting on plans to publish firm-level breach and complaints data to improve transparency.
Thursday, 10/04/2025 | 05:29 GMT by
Damian Chmiel
“Regulatory Gaps and AI Growth Push FinTech Toward Adaptability”: The Financial Technologist
- The report published by Harrington Starr highlights disparities in AI adoption and FinTech expansion in markets like the US and Middle East.
- The role of hyperautomation, data-driven intelligence, and market adaptability is emphasized in the sector’s evolution.
Monday, 07/04/2025 | 16:09 GMT by
Tareq Sikder
EU Watchdog Wants Crypto Exchanges and Companies Staff to Hit the Books
- The regulator has released draft guidelines requiring crypto service providers to ensure staff giving advice meet strict knowledge standards.
- The proposal mandates minimum qualifications and annual training for customer-facing crypto professionals.
Monday, 17/02/2025 | 12:12 GMT by
Damian Chmiel
ASIC Tightens Grip on Crypto Custody in Major Rule Overhaul
- The regulator has modernized its asset holding guidelines with new crypto custody standards.
- The update affects all Australian financial services firms holding client assets, with a particular focus on digital assets.
Tuesday, 10/12/2024 | 07:53 GMT by
Damian Chmiel
FCA Begins £1 Trillion Market Reform That May Affect Every UK Investor
- FCA launches consultation to transfer EU investment firm rules into its handbook, preparing for future reforms.
- The overhaul affects thousands of UK firms and traders and marks a key step in post-Brexit regulation modernization.
Wednesday, 27/11/2024 | 10:34 GMT by
Damian Chmiel
FCA's New Disclosure Rules: What Every Regulated Firm Must Know Now
- The regulator implements reform of enforcement disclosure procedures following the Upper Tribunal recommendation.
- Changes include broader document review standards and enhanced staff training.
Monday, 11/11/2024 | 15:54 GMT by
Damian Chmiel
Unregulated FX Brokers Offer High Leverage and Low Fees, but Can Benefits Outweigh Risks?
- Anecdotal evidence suggests that the number of unregulated FX derivatives trading platforms is growing.
- Venues operating outside regulatory scrutiny avoid millions of dollars a year in compliance costs.
Thursday, 07/11/2024 | 15:03 GMT by
Paul Golden
FCA License Holders: Your 12-Month Countdown to New Market Rules Begins
- The regulator has unveiled major reforms to the bond and derivatives market, aiming to strengthen the UK's position as a global financial hub.
- The changes, effective December 2025, will simplify reporting requirements while improving investors' access to market data.
Tuesday, 05/11/2024 | 10:56 GMT by
Damian Chmiel
From 2025, CySEC Will Tighten Grip on Investment Firm Capital
- The regulator adopts EBA guidelines on group capital tests for CIFs, effective January 2025.
- Despite potential flexibility in capital requirements, it increases regulatory scrutiny for Cyprus-based FX/CFD companies.
Tuesday, 22/10/2024 | 07:38 GMT by
Damian Chmiel
Cyprus Watchdog Cracks Down on Sloppy AML Reporting, Warns of Sanctions
- CySEC identified weaknesses in reports from regulated entities, including CIFs and crypto providers.
- Areas for improvement include analysis of inspection methods and information on high-risk clients.
Wednesday, 07/08/2024 | 08:29 GMT by
Damian Chmiel
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