Financial Regulation

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X @Bloomberg
Bloomberg· 2025-10-06 06:50
The EU says it will have to consider more enforcement action if countries continue to use financial regulation to defend incumbents https://t.co/abpEaPLSbu ...
X @CoinDesk
CoinDesk· 2025-09-25 05:33
Australia wants to bring crypto firms under the existing framework for financial products, requiring them to hold financial services licenses, according to a draft legislation. By @parikshitm899.https://t.co/A9JPQcvfuM ...
吴清:衷心感谢广大投资者
Sou Hu Cai Jing· 2025-09-22 08:12
【大河财立方消息】9月22日,国新办举行新闻发布会,介绍"十四五"时期金融业发展成就。证监会主席吴清 表示,"十四五"期间,我国资本市场实现了量的稳步增长和质的有效提升,也为"十五五"高质量发展打下了坚 实基础。这些成绩的取得,离不开各有关方面、各市场参与主体特别是广大投资者的共同努力和大力支持, 借这个机会也向大家表示衷心的感谢。 吴清介绍,对资本市场来说,过去五年也是极不寻常的五年。面对不确定、不稳定因素明显增多的复杂严峻 形势,党中央、国务院对资本市场作出一系列重大决策部署,在中央金融办统筹协调下,证监会与各方面一 起认真抓好贯彻落实,一体推进防风险、强监管、促高质量发展,合力稳市场、稳预期、稳信心,推动市场 健康稳定发展的态势持续形成并不断巩固。 第一,"四梁八柱"的法规制度体系建构成型。以新证券法实施为契机,对相关法规制度进行系统"立改废释", 期货和衍生品法、私募基金监管条例等一些历经"十年磨一剑"的法规发布实施,中国特色的资本市场法治体系 进一步健全。去年,国务院出台了《关于加强监管防范风险推动资本市场高质量发展的若干意见》,也就是 我们通常所说的新"国九条",我们又会同相关方面相继出台了60余 ...
Banks Push To Block Stablecoin Yields
Forbes· 2025-09-19 10:00
Core Viewpoint - U.S. banks are increasingly opposing stablecoin yield programs, arguing that allowing interest payments on stablecoins could destabilize traditional banking by draining deposits and affecting lending capabilities [2][4][5] Group 1: Banking Industry Concerns - More than 40 state banking associations and the American Bankers Association have urged Congress to strengthen the ban on interest payments for stablecoins as outlined in the GENIUS Act [4][5] - Banks argue that if stablecoins become yield-bearing, it would lead to a migration of deposits from banks to digital assets, undermining their ability to create credit [5][6] - The banking sector claims that stablecoins threaten their $187 billion annual profit from payment processing fees, framing the issue as one of financial stability [2][6] Group 2: Stablecoin Advocates' Position - Stablecoin proponents, including Coinbase, argue that the fears of deposit erosion are exaggerated, stating that banks currently hold $3.3 trillion in reserves at the Federal Reserve, which is nearly 20% of all bank deposits [7] - Coinbase's analysis suggests that stablecoins enhance the financial ecosystem and do not undermine lending, but rather modernize payment systems by reducing hidden fees [8][10] - The debate reflects a broader struggle over the future of finance, with stablecoin issuers seeking recognition as legitimate payment providers [18][19] Group 3: Legislative Context - The GENIUS Act, signed into law in July 2025, established a framework for stablecoins, requiring one-to-one backing with dollars or Treasuries and banning issuers from paying yields directly [11][12] - The law, however, allows exchanges and affiliates to offer rewards programs, which banks are now pushing to restrict [12] - Congress faces a critical decision on whether to entrench existing banking models or promote competition in the payments sector [11][19] Group 4: International Developments - Canadian firms are advancing plans to launch a regulated Canadian dollar stablecoin, highlighting how other countries are seizing stablecoin opportunities while the U.S. continues to debate [13][15] - The Canadian initiative aims to support economic sovereignty and capitalize on the growing demand for stablecoins [14][15] Group 5: Consumer Impact - The outcome of the stablecoin yield debate could significantly affect the cost and convenience of everyday transactions for consumers [16][17] - Surveys indicate widespread dissatisfaction with traditional banks, suggesting that expanding payment options could foster competition and lower costs across the financial system [17]
B2PRIME Secures DFSA Licence To Operate from The DIFC, Setting A New Institutional Benchmark for MENA Gulf Region
Yahoo Finance· 2025-09-15 11:31
Dubai (DIFC), The United Arab Emirates (UAE), September 15th, 2025, FinanceWire B2PRIME GROUP’s subsidiary, B2B Prime Services MENA Limited, has been authorised by the Dubai Financial Services Authority (DFSA). The firm is now formally registered on the DFSA Public Register (Ref. F009446), operating from Emirates Financial Towers, with the license effective August 15, 2025. The license empowers the firm to act as both agent and principal in dealing with investments across multiple products, with the added ...
X @Forbes
Forbes· 2025-08-15 10:35
Regulatory Landscape - Blue states are increasing financial regulation as the Trump administration rolls back federal regulations [1] Political Context - The shift in regulatory activity reflects a divergence in financial oversight between states and the federal government under different political leadership [1]
X @Ripple
Ripple· 2025-07-17 21:36
Regulatory Landscape - The last major financial regulation bill was passed 15 years ago, indicating a significant gap in financial regulation updates [1] - The GENIUS Act is expected to establish the US as a leader in innovative financial technology, specifically stablecoins [1] Political Support - Bipartisan leaders supported the GENIUS Act, suggesting broad political consensus on the importance of financial technology innovation [2]
聚焦数字金融 专家共议出海、监管与场景创新
2 1 Shi Ji Jing Ji Bao Dao· 2025-06-30 10:36
Core Insights - The event "Youth Taking Responsibility for a Financial Strong Nation - Digital Finance Driving Innovative Business Models" highlighted China's leading position in digital finance applications and the challenges faced in regulation and technology [1][2] Group 1: Digital Finance Development - China is recognized for its advanced application of digital finance technologies, with many fintech companies successfully exporting their payment technologies and algorithms to other countries, enhancing financial technology development in Belt and Road Initiative countries [1] - The core competitive advantages of China's fintech sector include vast application scenarios and data accumulation due to its large population, as well as continuous innovation based on early learning from foreign technologies and models [1][2] Group 2: Regulatory Challenges - Current regulatory challenges include differing standards for institutions of varying sizes, with larger institutions focusing on systemic risk prevention while smaller ones have higher innovation tolerance [3] - Regulatory bodies face issues such as insufficient technical investment and talent reserves, which can hinder the development of a regulatory framework that balances technological safety and innovation [3] Group 3: Sector-Specific Insights - Digital technology aligns well with the goals of inclusive finance, but it also introduces new risks such as fraud and social equity issues stemming from the digital divide [4] - In the context of green finance, digital technologies are being utilized to create quantifiable carbon reduction data assets, promoting sustainable behaviors among users [4] - The aging population in China presents significant opportunities for the pension finance sector, with companies leveraging digital technology to enhance service delivery and risk management [5] Group 4: Future Directions - The digital finance sector is seen as a key driver for high-quality development in technology finance, focusing on enhancing financial supply capabilities and extending service chains [5] - There is a call for addressing challenges such as talent shortages and regulatory lag while exploring opportunities for building data markets and fostering international cooperation [5]
800多家融资租赁公司被监管劝退
Sou Hu Cai Jing· 2025-06-17 13:30
Group 1 - The Shanghai regulatory authority has been actively working to eliminate non-compliant financing leasing companies, with over 800 companies being urged to withdraw from the industry [2][3]. - A recent public notice listed 821 "lost" or "shell" financing leasing companies, indicating a significant overlap with previously identified non-compliant companies [2]. - The Shanghai Municipal Financial Management Bureau has announced that further regulatory measures will be taken against the listed companies after the public notice period [2]. Group 2 - As of January 2025, a total of 870 financing leasing companies have exited the Shanghai market through various means, including deregistration and changing their business scope [5]. - The list of exiting companies includes well-known foreign and domestic firms, such as LaSalle Investment Management and Shanghai Hongxing Meikailong Financing Leasing Co., Ltd. [6]. - Several companies that were previously active in the industry and had issued bonds or participated in industry associations have also exited [7]. Group 3 - In 2024, major regulatory bodies in China issued a significant document aimed at strengthening the supervision of local financial organizations, emphasizing the need to eliminate non-compliant institutions [8]. - The time for non-compliant financing leasing companies to rectify their status is limited [9].