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Sign up for accessEBA Slams Fintechs Over Lax Compliance In New AML Risk Assessment
In its latest risk assessment, the European Banking Authority (EBA) has warned that poor practices and a lack of experience at fintechs, including payments and crypto firms, are undermining efforts to tackle financial crime.
Read articleCFPB Hits Pause On Open Banking Rule Rewrite
The US Consumer Financial Protection Bureau (CFPB) is backing away from its earlier push to scrap a key open banking regulation, instead asking a federal court to pause litigation so it can develop a revised version of the rule.
Read articleUkraine Adopts EU-Style Open Banking Rules
The National Bank of Ukraine (NBU) has approved a comprehensive package of regulations to implement open banking in Ukraine, supporting the country's efforts to align with the EU.
Read articleMarcos' Keynote Silence On Gambling Cheers Online Industry
The Philippine President’s avoidance of domestic online gambling issues in this year’s congressional appearance has encouraged the industry and frustrated its foes amid finance secretary support for taxation over prohibition.
Read articleUK Threats Loom Even As Regulator Takes Softer Approach
The UK’s gambling regulator says egregious VIP schemes are a thing of the past and is backing bookies' habit of blocking winning customers, but Westminster politicians eager for reform are striking an altogether different tone.The UK Gambling Commission says that schemes which saw big bettors wined and dined by operators in the hopes of extracting more wagers are largely a thing of the past.
Read articleBoyd Big Winner Among U.S. Casino Operators In Sports Betting Rush
The deal between FanDuel and Boyd Gaming to reacquire five percent of the sports betting giant’s equity serves as a reminder of how much the sports betting industry has changed in terms of acquiring market access.
Read articleTrump Administration Pauses Senate Committee Vote On CFTC Nominee
Brian Quintenz’s nomination to be the next chairman of the Commodity Futures Trading Commission has been sidelined for the second time in the last week, this time at the request of the White House.
Read articleTanzania Eyes Land-based Gambling Changes After Introducing Tax Increases
The Law Reform Commission of Tanzania is reviewing a host of legal changes to help the country achieve its National Development Vision 2050, including looking at the impact of land-based gambling on young people.
Read articleBritish Horseracing Authority Fight Against Proposed Tax Change Gathers Support
The British Horseracing Authority (BHA) has announced Lord Allen of Kensington will begin his role as chair on September 1 as its fight against a proposed "racing tax" gains support from a wide range of stakeholders.
Read articleEU Regulators Clarify Scope Of DORA Register Of Information
The latest Q&As from the European Supervisory Authorities (ESAs) aim to address confusion around the EU’s operational resilience framework and the expectations for the Register of Information.
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