Weekly Regulatory Deadlines | October 16 to October 22
Implementing the Financial Policy Committee's recommendation on loan to income ratios in mortgage lending - Consultation Paper 11/14
UK-PRA | Lending, Mortgage Lending | Consultation paper
Anti-Money Laundering Laws Apply to Crypto Too, Says FinCEN Chief
The United States Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco spoke at the University of Georgetown where he made it clear that Anti-Money Laundering (AML) laws apply to everyone...
Facebook's Marcus Says China Wins with Digital Renminbi if US Nixes Libra
David Marcus, who leads the Libra project, said China will create a digital currency system that could be entirely out of reach for U.S. authorities....
Fed Signals a Rate Cut Remains Possible, Despite Glimmers of Economic Hope
The New York Times 10/18/2019
A Brexit deal looks possible and China trade tensions eased slightly. That probably will not stop the Federal Reserve from cutting rates again this month...
Forty-six attorneys general have joined a New York-led antitrust investigation into Facebook
The Washington Post 10/22/2019
Forty-six attorneys general have joined a New York-led antitrust investigation of Facebook, officials announced Tuesday, raising the stakes in a sweeping bipartisan probe of the tech giant that could result in massive changes to its business practices...
SoftBank to Take Control of WeWork
The Wall Street Journal 10/22/2019
SoftBank Group Corp. said it agreed to take a majority stake in WeWork after securing a deal that could hand co-founder Adam Neumann a nearly $1.7 billion windfall and sever most of his ties with the troubled office-space startup...