Government

A government is the system or group of people governing an organized community, often a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary.

(source: en.wikipedia.org)

City of London Seeks to Boost Competitiveness, Foreign Investment
City of London Seeks to Boost Competitiveness, Foreign Investment
May 22, 2024  |  International

The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need...

READ MORE >
SEC Chair: House Crypto Bill Creates ‘Immeasurable Risk’
SEC Chair: House Crypto Bill Creates ‘Immeasurable Risk’
May 22, 2024  |  Cryptocurrency

The head of the SEC says new cryptocurrency legislation will undermine his agency’s work. Hours before a scheduled vote Wednesday (May 22), Securities and Exchange Commission (SEC)...

READ MORE >
New Legislation Could Exempt Banks From Durbin’s Debit Fee Cap Impact
New Legislation Could Exempt Banks From Durbin’s Debit Fee Cap Impact
May 21, 2024  |  Banking

For banks eyeing the impact of the Durbin Amendment — and the prospect of debit interchange caps — there might be some relief coming from Congress. A bill that was approved...

READ MORE >
Congress Sets Stage for FinServ Regulation to Heat Up This Summer
Congress Sets Stage for FinServ Regulation to Heat Up This Summer
May 20, 2024  |  Regulation

As the Consumer Financial Protection Bureau got an effective “green light” from the Supreme Court to keep operating, and as several bills have made their way out of committee...

READ MORE >
Bill Raising Asset Thresholds for Banking Regulations Heads to House Vote
Bill Raising Asset Thresholds for Banking Regulations Heads to House Vote
May 17, 2024  |  Bank Regulation

The House Financial Services Committee (HFSC) voted Thursday (May 16) to advance a bill that would raise the asset thresholds for several regulations covering banks from $10 billion to...

READ MORE >
Supreme Court Ruling on CFPB Paves Path for Open Banking
Supreme Court Ruling on CFPB Paves Path for Open Banking
May 16, 2024  |  CFPB

Reading the Thursday (May 16) Supreme Court ruling upholding the constitutionality of the Consumer Financial Protection Bureau’s funding mechanisms — and ensuring the agency’s survival — takes one through centuries of...

READ MORE >
Lawmakers Urge Regulators to Make Financial Data More Accessible
Lawmakers Urge Regulators to Make Financial Data More Accessible
May 16, 2024  |  Regulation

Members of Congress from both houses and both parties sent a letter Tuesday (May 14) to the heads of eight federal financial regulatory agencies, urging them to implement the Financial...

READ MORE >
Supreme Court Rules CFPB Funding Mechanism Constitutional
Supreme Court Rules CFPB Funding Mechanism Constitutional
May 16, 2024  |  CFPB

The Supreme Court ruled Thursday (May 16) that the Consumer Financial Protection Bureau’s funding mechanism is constitutional. The decision reversed a lower court ruling that threatened the very existence of...

READ MORE >
UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
May 16, 2024  |  Regulation

The British government is loosening its rules for brick-and-mortar betting businesses as online gambling grows. The U.K.’s Department for Culture, Media and Sport issued a report Thursday (May...

READ MORE >