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BSP plans tougher fines for payment reporting lapses

The Bangko Sentral ng Pilipinas (BSP) has proposed a new framework imposing tougher penalties on payment system operators that fail to meet regulatory reporting...

ASIC unveils milestone report on regulatory reforms

Australia’s corporate regulator, ASIC, has announced a major milestone in its efforts to simplify financial regulation, revealing it has cut more than 9,240 pages...

US open banking future in doubt as CFPB moves to kill...

The Consumer Financial Protection Bureau (CFPB) is facing strong criticism from the Financial Technology Association (FTA) after revealing plans to rescind its landmark open...

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