Tory Peer Tyrie Pushes for Reform of Uk Financial Regulator
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Renter reforms watered down after Tory concerns
Ministers propose changes after some MPs said they wanted more protections for landlords.BBC News - Top stories -
Australian Regulator to Conduct First Financial System Stress Test
Australia’s prudential regulator will conduct its first systemwide stress test, as it seeks to better understand potential risks borne by an increasingly interconnected financial system.The Wall Street Journal - World -
UK regulator warns ‘finfluencers’ to adhere to advertising rules
FCA says those who flout rules around financial promotions face potential criminal prosecutionFinancial Times - World - United Kingdom -
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
A British financial trader described as the ringleader in the manipulation of a key interest rate before and after the global financial crisis has lost his appeal to have his conviction quashedABC News - World - United Kingdom -
Housing fleeceholds the next big scandal, peer warns
Lords debate the plight of homeowners locked into private maintenance contracts for communal areas.BBC News - Top stories -
China targets group of MPs and peers with string of cyber-attacks
Deputy prime minister Oliver Dowden is expected to inform parliament on Monday of the attacks. China has targeted a group of MPs and peers at Westminster in a string of cyber-attacks, it has been reported.. On Monday, the deputy prime minister, ...The Guardian - World - China -
BBC to explore reform of licence fee
Tim Davie says it is right to ask questions about the fee but it should be explored "with caution."BBC News - Top stories -
Trump’s Financial Squeeze
How the former president’s legal troubles might affect his campaign.The New York Times - Top stories - Donald Trump -
Triple lock for pensions to stay if Tories win election
Chancellor Jeremy Hunt says he will pay for the "expensive" pledge through economic growth.BBC News - Top stories -
Financial Services Roundup: Market Talk
Gain insight on the Baltimore bridge collapse, Canada’s recent surge in immigration, the rising U.S. housing supply, and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
Tim Davie calls for BBC licence fee reform
Director-general says ‘fundamental questions’ need to be asked as corporation battles flagging demandFinancial Times - World -
Former Tory MP resigns triggering new by-election
The Blackpool South MP was facing a local vote to remove him, following a Commons suspension.BBC News - Top stories -
Why some Tory MPs are stepping down
We shouldn't be surprised that some MPs are thinking of leaving as a general election approaches.BBC News - Top stories -
Sunak faces criticism as major Tory donor knighted
Businessman Mohamed Mansour has been given a knighthood, along with Mark Spencer and Philip Davies.BBC News - Top stories - United Kingdom -
Will an Apple-Google AI partnership get past regulators?
Any deal — especially one involving AI — will capture the attention of federal and state lawmakers, the Biden administration, consumer-privacy advocates and government regulators.MarketWatch - Business - Google -
U.S. Regulators Urge Congress to Look Into Grocery Profits
Antitrust concerns among the biggest chains date back to pandemic-era supply chain issues.Inc. - Business -
Chemours Responds to Regulators, Prosecutors About Internal Audit
In its annual filing the company said that its lack of internal control was partially a result of senior management failing to set an appropriate tone, specifically related to the delayed payments.The Wall Street Journal - World -
A Lloyd’s of London revival will require more nimble regulation
There is still a fragility to the recent success of the world’s oldest insurance marketFinancial Times - Business -
Chemours Responds to Regulators, Prosecutors About Internal Audit
In its annual filing the company said that its lack of internal control was partially a result of senior management failing to set an appropriate tone, specifically related to the delayed payments.The Wall Street Journal - Business -
Financial services counting on AI for a productivity boost
AI set to take on customer help, pricing and transaction monitoring — leaving some workers to find alternative rolesFinancial Times - World -
Biden campaign tests waters on Trump’s financial woes
President Biden’s reelection campaign has grown more aggressive in its mocking of former President Trump’s financial situation, even in light of millions of dollars in legal penalties Trump owes. Biden’s team took no mercy on Trump last week when ...The Hill - Politics - Joe Biden -
Discover Financial CEO Michael Rhodes Resigns
Discover said Michael Rhodes is resigning as CEO and president of the company, shortly after taking over both positions. Rhodes has been tapped as CEO of Ally Financial.The Wall Street Journal - World -
Why Brussels’ reform tsar wants a mindset change in EU capitals
Also in this newsletter: the capital gulf between green goals and realityFinancial Times - World - European Union -
IMF head says China at ‘fork in the road’ on reforms to boost demand
Kristalina Georgieva’s remarks at Beijing conference come as China export glut tensions riseFinancial Times - Business - China -
Montana’s high court strikes down voting reform laws
The Montana Supreme Court on Wednesday ruled a series of voting reform laws passed by the state Legislature in 2021 violate the fundamental right to vote. The ruling, issued Wednesday, reaffirms a 2022 lower court ruling that found four ...The Hill - Politics -
Reforming the draft to The Larry David Rule: NFL changes we’d like to see
The league is transforming kickoffs. But there are other tweaks to football that could improve the sport for players and fans. The NFL will look radically different next season. The league’s owners voted on Tuesday to approve a new kickoff rule ...The Guardian - World - NFL -
Palestinian Authority, under international pressure to reform, announces new Cabinet
Palestinian Authority, under international pressure to reform, announces new CabinetABC News - World -
Palestinian Authority announces a new Cabinet as it faces calls for reform
The Palestinian Authority has announced the formation of a new Cabinet as it faces international pressure to reformABC News - World -
GB News risks turning Tories from political force to niche act
Channel aspires to be the biggest news broadcaster by 2028 but has neither the plans nor resources to emulate the BBCFinancial Times - World -
Tory MPs urge tougher action on China after cyber-attacks
Senior Tories say ministers not holding China to account after Beijing targeted elections watchdog and politicians. Tory MPs have urged ministers to take a tougher approach towards China after the security services confirmed Beijing-backed hackers ...The Guardian - World - China -
Tory's mayoral contest ad showed New York not London
The clip showed a stampede in a New York subway station and was replaced with the scenes cut.BBC News - Top stories - New York -
Sunak’s attempt to boost Tory morale hit after two ministers resign
UK PM forced into mini-reshuffle ahead of three-week break after Robert Halfon and James Heappey quitFinancial Times - Business -
Labour will level up better than Tories, Starmer says
Keir Starmer says his party would do a better job of reducing regional inequality across Britain.BBC News - Top stories -
Bleak Tory mood enlivens talk of summer election and confidence vote
PM likely to land in trouble after May but chances of a leadership ousting are slimFinancial Times - World -
Influencer Tori Dunlap is spurring women to maximize their savings and invest in the stock market
Tori Dunlap's resources on saving, budgeting and investing are helping women help themselves — and each other.CNBC - Business -
Inside the battle for ‘trophy asset’ the Telegraph – and for the soul of Tory Britain
Traditional affinity between Conservatives and the newspaper has given way to a complex, splintered drama, and the attempted acquisition by Gulf-backed RedBird IMI lies in limbo. With the Conservative party trailing Labour by nearly 20 points in ...The Guardian - World -
Tory MP faces lobbying questions over Treasury committee role
Co-owner of investment management firm called for ‘urgent’ post-Brexit changes to City rules at committee meetings. A senior Tory MP is facing questions over whether he used his Commons Treasury committee role to lobby for post-Brexit changes to ...The Guardian - World -
TikTok’s threat to America is in a category by itself, it must be heavily regulated
TikTok should be heavily regulated, just like any product that is simultaneously fun and bad for you.The Hill - Politics -
Apple, Google, Meta targeted under new European law meant to prevent cornering of digital markets
European Union regulators have opened investigations into Apple, Google and Meta, in the first cases under a sweeping new law designed to stop Big Tech companies from cornering digital markets that took effect earlier this monthABC News - World -
Google, Apple Breakups on the Agenda as Global Regulators Target Tech
Lawsuits, fines and scrutiny for social media giants and tech leaders show strongest government response so far.Inc. - Business - Google