I was laid off for about 6 weeks and got reinstated. Of course, I had mailed my computer back, mailed my laptop back, my ID card, all of that. Um, so it actually took them another 2 or 3 weeks to send me my laptop back. So, I was sort of being paid to do nothing for the first 2 or 3 weeks.It was sort of the model of of inefficiency, if you will. I think I was back for about a month or so. Ended up putting in my two week notice and taking another role.They tried to fire 95% of the the agency the day that I g ...

Core Viewpoint - Zijin Bank has faced significant regulatory penalties due to multiple compliance violations, highlighting ongoing issues in internal controls and consumer protection practices [2][3][6]. Regulatory Penalties - Zijin Bank was fined a total of 2.4 million yuan for seven violations, marking the largest penalty in the past three years [2]. - Previous fines included 500,000 yuan for improper loan practices and 996,000 yuan for anti-money laundering compliance failures [2]. Internal Control Issues - The bank's internal controls in payment settlement, data governance, and consumer protection are identified as areas needing improvement [3]. - Specific issues include inadequate management of account opening and payment processes, insufficient data accuracy, and violations of consumer protection mechanisms [3]. Risk Management Practices - Zijin Bank has focused on enhancing risk management processes, particularly in credit, liquidity, and market risks [3]. - The bank has established mechanisms for addressing non-performing loans and has formed special teams to promote compliance [3]. Industry Context - Over the past three years, A-share listed rural commercial banks have collectively faced over 100 million yuan in regulatory penalties, indicating a broader trend of compliance challenges within the sector [3]. - Among the ten rural commercial banks in the A-share market, Zijin Bank ranks fifth in total assets at 280.3 billion yuan [4]. Consumer Protection Concerns - The bank's practices in its inclusive finance department have raised concerns regarding unauthorized collection and sharing of credit information, impacting consumer privacy [6]. - Despite efforts to enhance consumer protection, broader issues related to consumer rights have not been adequately addressed in the bank's ESG reporting [6]. Complaint Statistics - In 2024, Zijin Bank received 537 complaints, primarily related to loan services, card services, and customer service [8]. - The bank's complaint rate is moderate compared to peers, with 12.03 complaints per billion yuan in revenue [8]. ESG Performance - Zijin Bank has maintained a BBB rating in the Wind ESG rating system, indicating a mid-level performance among domestic listed banks [10]. - The bank's green loan balance reached 14.3 billion yuan, growing at a rate of 16.81%, ranking third among its peers [13].

RT Wendy O (@CryptoWendyO)Yellen has concerns about Bitcoin and crypto legislation because it’s something she can’t understand.Legislation allows for consumer protections…Yikeshttps://t.co/kQCRsyhCzB ...

RT Dante Disparte (@ddisparte)The House vote to clear the GENIUS Act for the President’s signature is a defining moment for the future of money and the internet financial system. It signals strong bipartisan support for responsible innovation and sends a clear message that the U.S. will lead in the regulation of dollar-backed payment stablecoins. We commend Congressional leaders for delivering a regulatory foundation that puts consumer protection, financial integrity, and U.S. competitiveness at the forefro ...

The House adopting a rule late last night to bring forward cryptocurrency legislation. That vote took more than nine hours as Republican leadership worked to win over holdout members. A bill to establish federal guidelines around stable coins is likely to be the first bill passed.And joining us right now to talk about this is New Jersey Democrat, Congressman Josh Godheimer. Um, Congressman, first of all, welcome. Um, normally what we see Thanks for having me.Great to see you. Thanks for being here. Normally ...

Registration is OPEN for the 12th Joint ESAs Consumer Protection Day! 🚀 #CPD25🗓️ 5 November 2025📍 Riga 🇱🇻On the agenda:⛵️ Simplification of the customer journey🛡️ Fraud and scams in the digital era🔒 #Crypto Investments, #MiCAhttps://t.co/itSq0noYNT https://t.co/J4gl5PRIng ...

Federal Reserve & Monetary Policy - The independence of the Federal Reserve is crucial for the stability of the U.S financial system [2][3][6] - Political interference with the Fed, such as attempts to fire the chair, could destabilize markets and damage U.S credibility [2][4][6] - The appointment of a Fed chair should prioritize independence and economic expertise over loyalty to the president [5][9][10] - The market reacted negatively when there were indications of political interference with the Fed [2][3] Cryptocurrency Regulation - Strong crypto regulation is needed, but the proposed Stablecoin bill and Clarity Act are considered weak and industry-written [12] - Concerns exist that current crypto legislation lacks sufficient safeguards for consumer protection and could be exploited by illicit actors [13] - The Clarity Act contains a provision that could allow companies to opt out of SEC regulation by digitizing themselves on the blockchain, potentially harming the New York Stock Exchange [13][14][15] Government Spending & Appropriations - Republicans are attempting to retract previously agreed-upon budget allocations, specifically targeting U.S aid programs [16][17] - Proposed cuts to U.S aid include reductions in food aid and assistance for countries dealing with AIDS epidemics [17] - These cuts are viewed as detrimental to global health and potentially harmful to U.S interests [18]

📢 Last week, we submitted a joint response to the@TheFCA Discussion Paper DP25/1, together with the@MiCA_AllianceThe paper explores how the UK might regulate cryptoasset activities. We focused on two of the most complex areas:– Decentralised finance– ESG disclosures in crypto✅ Decentralisation isn’t binary.The FCA rightly notes that decentralisation exists on a spectrum. But without a shared way to measure it, legal clarity remains out of reach.We recommended using network science to map how power is distri ...