The FCA has today set out plans for a new Consumer Duty, which will set a higher level of consumer protection in retail financial markets for firms to adhere to.
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Governor Christopher J. Waller: The Economic Outlook and Monetary Policy
At The Global Interdependence Center's 39th Annual Monetary and Trade Conference, The LeBow College of Business, Drexel University, Philadelphia, Pennsylvania
Read More »Riksbank: Minutes of the Monetary Policy Meeting held on 26 April
The recovery is well underway, but it will take time before inflation is more permanently close to the target of 2 per cent. Continued expansionary monetary policy is therefore needed to support the economy and inflation.
Read More »MAS Launches Global FinTech Hackcelerator for a Greener Financial Sector
MAS announced the launch of the 6th edition of the Global FinTech Hackcelerator, with the theme “Harnessing Technology to Power Green Finance”. The competition, supported by Oliver Wyman, seeks to unlock the potential of FinTech in accelerating the development of green finance in Singapore
Read More »ASIC commences civil proceedings against Westpac for insider trading
ASIC has today commenced proceedings in the Federal Court against Westpac Banking Corporation (Westpac) for insider trading, unconscionable conduct and breaches of its Australian financial services licensee obligations
Read More »Amazon News Analysis and Earnings
Amazon reported 1Q earnings beating the analyst's expectations both in top and bottom line. Amazon reported earnings: of $15.79 /share well above Wall Street expectations
Read More »Qualcomm (QCOM) News Analysis and Earnings
Qualcomm reported fiscal 2Q results better than analysts expectations. QCOM reported earnings of $1.90/share, topping the expectations of $1.67/share.
Read More »Facebook news and analysis
Facebook reported better than expected 1Q results after the bell. FB reported earnings of $3.30/share topping the expectations of $2.37/share
Read More »DBS, J.P. Morgan and Temasek to establish platform to transform interbank value movements in a new digital era
Designed as an open platform to encourage broad participation by banks globally Platform will leverage blockchain technology and digitise M11 commercial bank money to reduce current frictions and latency for cross-border payments, trade transactions and foreign exchange settlements
Read More »Federal Court Orders Oregon Owner of Precious Metals Firm to Pay $1.3 Million to Victims of Fraudulent Precious Metals Scheme
U.S. District Court for the Western District of Washington entered a consent order against Aaron Michael Scott of Portland, Oregon for fraud and misappropriation in connection with a precious metals scheme
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