Budget panel presses DFPI on fee-funded programs, debt‑collector assessments and performance metrics Lawmakers and stakeholders questioned the Department of Financial Protection and Innovation about workload estimates, the debt-collector licensing program’s assessment model and metrics to measure consumer protection outcomes; industry speakers warned assessment levels are harming small firms.

California lawmakers are demanding answers as the DFPI's debt-collector licensing program faces scrutiny over its impact on small agencies and the need for clearer performance metrics.

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#CA #CitizenPortal #FinancialRegulation #SmallBusinessSupport #ConsumerRights

Paresh Raja Accused of Siphoning Funds From £2bn Bank Creditors allege a network of linked companies was used to extract money from the lender.

Paresh Raja accused of using fake firms to siphon funds from collapsed £2bn shadow bank

#PareshRaja #FinancialFraud #ShadowBanking #WhiteCollarCrime #UKFinance #CorporateCrime #InvestorProtection #MoneyLaundering #BusinessNews #FinancialRegulation

www.easterneye.biz/paresh-raja-...

Senate passes HB 945 after floor fight over 'debanking' amendment After extensive debate and multiple floor amendments, the Georgia Senate passed House Bill 945 — a 40‑page banking and finance cleanup measure addressing transaction holds for suspected financial exploitation, virtual currency kiosk rules, and tighter oversight of litigation financing. A high-profile amendment to restrict alleged "debanking" was defeated before the bill passed 50–0.

The Georgia Senate has passed a sweeping banking bill that aims to protect vulnerable adults from financial exploitation while stirring up heated debate over controversial amendments.

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#GA #DigitalCurrencies #GeorgiaBanking #CitizenPortal #ConsumerProtection #FinancialRegulation

Fintech Regulatory Consulting Services Market | Trends 2035 www.marketresearchfuture.com/reports/fint...
#FintechRegulation #FintechCompliance #FinancialRegulation #FintechConsulting

Banks and credit unions back FDIC alignment, push back on mandates for cards and candidate accounts Industry witnesses told the Banking Committee they support aligning state branch approval rules with recent FDIC changes (SB 302) and backing a fraud‑prevention campaign, but they oppose mandates that would force small institutions to offer card‑issuing programs or be ready to host candidate committee accounts (SB 303, HB 5318).

Connecticut's banking and credit union representatives are calling for modernization in branch rules while pushing back against costly product mandates that could burden small institutions.

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#CT #CitizenPortal #FinancialRegulation #SmallBusinessSupport #CommunityReinvestment

Sending Money by IBAN? Millions Face New Rules on March 15,2026 | Business Turkey Today New MASAK regulation starting March 15, 2026 introduces stricter monitoring for IBAN transfers above 400,000 TL. Here’s what bank users need to know.

Sending Money by IBAN? Millions Face New Rules on March 15,2026 businessturkeytoday.com/sending-mone...

#IBAN #MASAK #banktransfer #moneytransfer #Turkeybanking #digitalbanking #financialregulation #moneylaundering #bankingnews #Turkeyfinance

Is Kalshi a Finance Platform or a Betting Shop in a Suit? Kalshi's CEO says his $2bn platform is a financial exchange, not gambling. Nine US states disagree. Here's what the debate means for markets and democracy.

Is Kalshi a Finance Platform or a Betting Shop in a Suit?

#PredictionMarkets #Kalshi #Fintech #GamblingReform #AusNews #FinancialRegulation

thedailyperspective.org/article/2026-03-04-is-ka...

Cambridge launches digital identity regulatory initiative - News & insight - Cambridge Judge Business School A new Cambridge programme aims to strengthen digital identity regulation and help countries create secure and inclusive digital ID systems.

Cambridge launches a digital identity regulatory initiative.
CCAF’s Cambridge DPI Regulatory Programme is bringing global experts together to examine how research, regulation and adoption shape digital ID ecosystems. https://loom.ly/ZOsHHlk
#FinancialRegulation #CambridgeJudge

Agency official outlines OCC priorities: fair‑banking review, Basel III reproposal, CRA and AML modernization, and support for stablecoins and charters Testifying to a congressional committee, an OCC official said the agency is implementing the president's executive order on fair banking, investigating alleged 'debanking,' reproposing Basel III capital rules, evaluating Community Reinvestment Act improvements, advancing BSA/AML modernization, and seeking comments on implementing the 'Genius Act' for stablecoins.

The Office of the Comptroller of the Currency is set to shake up the banking landscape with new regulatory priorities aimed at ensuring fair access for all Americans and modernizing outdated rules.

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#US #CitizenPortal #FinancialRegulation #FairBanking #CommunityReinvestment

Senate Labor and Business Committee advances HB 4,116 after debate over 36% cap and legal risk After a public hearing and work session Feb. 26, the Senate Committee on Labor and Business voted to advance House Bill 4,116 — which would opt Oregon out of federal interest‑rate preemption for certain state‑chartered lenders — to the Senate floor with a due‑pass recommendation following debate on enforcement, data gaps and litigation risk.

Oregon's Senate Committee just advanced a bold bill aiming to cap interest rates at 36% for state-chartered lenders, sparking intense debate over consumer protection and legal risks!

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#OR #ConsumerProtection #FinancialRegulation #InterestRateCap

Fed official outlines Basel III, stress-test transparency and SLR changes for large banks The Fed’s Vice Chair for Supervision said the agency is modernizing large-bank capital rules—revising stress testing, the supplemental leverage ratio, Basel III implementation and the GSIB surcharge—and emphasized transparency for stress-test models and scenario design.

The Federal Reserve is shaking up capital regulations for large banks, promising increased transparency and new measures to enhance market stability.

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#US #CitizenPortal #FinancialRegulation #MarketLiquidity #TransparencyInGovernance #FederalReserve

Senate bill would ban unsolicited 'live checks' that can create binding loans SB 582 would prohibit sending unsolicited negotiable instruments ("live checks") that, when deposited, automatically create loan or purchase obligations; sponsor said the mailings target homeowners and seniors and urged legislative fixes with bankers and the attorney general.

A new bill in Maryland aims to protect vulnerable homeowners by banning unsolicited "live checks" that could lead to predatory loans and financial obligations.

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#MD #MarylandHomeowners #CitizenPortal #ConsumerProtection #FinancialRegulation #ElderlySupport

Oregon committee hears heated debate over bill to block out‑of‑state lenders from exporting triple‑digit rates Supporters told the Senate Committee on Labor and Business that House Bill 4,116 would close a federal loophole enabling triple‑digit APR loans to Oregonians; opponents — fintechs, payments processors and some banks — warned the opt‑out would reduce access to emergency credit and invite litigation. The committee scheduled a follow‑up work session for Feb. 25.

Oregon's Senate Committee is at a crossroads, debating a bill that could protect consumers from predatory loans with shocking interest rates as high as 200%!

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#OR #DebtTrap #ConsumerProtection #FinancialRegulation

BNM imposes penalties on 13 money services business licensees KUALA LUMPUR: Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMPs) of between RM1,500 and RM2,000 on 13 money services business (MSB) licensees following their failure to meet minimum capital fund requirements between July 2025 and December 2025. BNM listed Foo In Sdn Bhd; Starling Peak International Sdn Bhd (formerly known as Hijarah Traders Sdn Bhd); Tukaran Baik Sdn Bhd; DB Global Exchange Sdn Bhd, Best Rate Galaxy Sdn Bhd; First Million Avenue Sdn Bhd; Popular Forex Sdn Bhd; Kabir Exchange Sdn Bhd (formerly known as Cendral Sdn Bhd); Mubarak Forex Exchange Sdn Bhd; True Ringgit Sdn Bhd; Alif […]

BNM imposes penalties on 13 money services business licensees #BNM #BankNegaraMalaysia #MoneyServicesBusiness #Penalties #FinancialRegulation

Sandboxes serve both innovators and regulators: firms test products live; regulators gain direct insight into emerging financial technologies.

#FinancialRegulation #Fintech

Commerce Committee clears a package of cryptocurrency and stablecoin bills including a state crypto reserve and DFS pilot The committee adopted strike‑all amendments and reported favorably several cryptocurrency bills: HB 1039 (state cryptocurrency reserve with State Board of Administration custody), HB 175 (payment stablecoin framework with OFR licensing), and HB 1415 (DFS stablecoin pilot). Industry witnesses including Ripple, Ledger and OFR testified in support.

Florida lawmakers are taking a bold step into the future of finance by advancing a suite of innovative cryptocurrency and stablecoin bills that could reshape the state's economic landscape.

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#FL #DigitalEconomy #ConsumerProtection #CitizenPortal #FinancialRegulation

Committee advances bill to regulate stablecoins, tying state rules to federal "Genius Act" The House Banks & Banking Committee advanced a bill to create a state regulatory framework for stablecoin issuers, linking Georgia rules to the federal "Genius Act," requiring 1:1 backing and KYC/AML compliance and giving the Department of Banking and Finance licensing authority.

Georgia is taking a bold step to regulate stablecoins, aiming to enhance fintech competitiveness while prioritizing consumer protection with 1:1 backing and strict oversight.

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#GA #GeorgiaFintech #CitizenPortal #ConsumerProtection #FinancialRegulation #StablecoinSafety

@bruegel.org session on ‘AI adoption in the financial sector’

AI is advancing fast in finance: predictions, automation, analysis, but not as fast as labour rights.

It's not just technology: it's guarantees, transparency and protecting people.

#artificialintelligence #financialregulation

Earned‑wage access bill debated; tipping ban and anti‑discrimination language affirmed, 'stacking' requires more study Lawmakers discussed HB 237 (earned‑wage access), which would prohibit tip prompts and incorporate anti‑discrimination and false‑advertising references; members raised concerns about preventing "stacking" (multiple advances from different providers) and agreed to invite the Office of the Attorney General for technical guidance before a vote.

Maryland lawmakers are grappling with the complexities of the earned-wage access bill, as they debate crucial changes like banning tipping and tackling the controversial issue of "stacking" multiple advances.

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#MD #CitizenPortal #FinancialRegulation #WorkerRights #ConsumerAccess

Economic Matters Committee advances most bills, holds landlord-tenant fee-disclosure bill over penalty concerns The Economic Matters Committee moved a slate of bills forward and held one (HB 80) for amendment after members raised concerns that its damages provision could impose large liabilities on landlords for honest mistakes; TEDCO testified in favor of a bill to formalize divestment procedures for state-backed investments.

The Economic Matters Committee has advanced a slew of bills but is holding back on one key landlord-tenant measure due to potential liability concerns—what does this mean for Maryland renters and landlords?

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#MD #CitizenPortal #ConsumerProtection #FinancialRegulation

Regulatory frameworks shape fintech growth. Policies such as regulatory sandboxes, open banking mandates, and digital identity systems can accelerate innovation while safeguarding consumers and financial stability.

#Fintech #FinancialRegulation #RegTech

Open banking is driven by two forces: regulation and market demand. In Europe, PSD2 mandates bank data sharing. In the US, the CFPB oversees open banking rules. Some markets, such as India, use government-built data infrastructure instead.

#OpenBanking #FinancialRegulation #Fintech

Vermont committee weighs H.385 changes to help victims of coerced debt, debates whether to pause collections The House Commerce & Economic Development Committee reviewed draft H.385 on coerced debt protections, debating documentation requirements, whether creditors must cease collections pending court review, bank-hold reporting, and how the bill would affect secured loans and repossession.

Vermont lawmakers are grappling with crucial changes to H.385, a proposed act that could reshape protections for victims of coerced debt amid intense debate over creditors' rights.

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#VT #CitizenPortal #ConsumerProtection #FinancialRegulation #DebtRelief #VermontVictims

Lawmakers hear wide-ranging opposition to proposed UCC changes; bill moved to 40 first day Supporters of House Bill 12-48 argued the Uniform Commercial Code change would restore individual property‑rights over pooled securities; bankers, the Uniform Law Commission, and market groups warned the state‑level change would disrupt trade finality and market liquidity. The committee deferred the bill to the 40 first day for further study.

A proposed bill in South Dakota aims to clarify property rights for securities but faces fierce opposition from industry experts who warn it could destabilize financial markets.

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#SD #InvestorProtection #CitizenPortal #SouthDakotaPropertyRights #FinancialRegulation

Senate advances bill to prohibit state agencies from serving as receivers for TEFIs SB 300 would amend the TEFI (technology-enabled fiduciary financial institutions) act to bar the Office of the State Bank Commissioner and other state agencies from serving as receivers for TEFIs, a change supporters said would protect the state from protracted receiverships.

The Senate just took a bold step to safeguard Kansas from lengthy financial crises by advancing a bill that prohibits state agencies from stepping in as receivers for technology-enabled fiduciary institutions!

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#KS #CitizenPortal #ConsumerProtection #FinancialRegulation

Pawnbroker groups ask for modest fee increases; senators press affordability concerns House Bill 1269 would shorten the pawn-loan redemption term from 90 to 60 days, raise interest on loans over $100 from 4% to 5% per 30 days, standardize document-prep fees at 15% for loans $50+, increase optional storage fees (including firearms), and authorize online payments. Industry witnesses said the changes are modest; several senators questioned whether combined changes could substantially raise costs for borrowers.

House Bill 1269 could reshape the pawn industry by cutting loan terms and raising interest rates—are these changes a lifeline or a burden for borrowers?

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#WA #ConsumerProtection #CitizenPortal #FinancialRegulation #SmallBusinessSupport

Committee advances bill letting CAPERS invest in select foreign sovereign debt with tighter safeguards The Senate committee moved Senate Bill 232 out favorably after adopting an amendment that narrows which foreign sovereign obligations CAPERS may buy, adds Fitch ratings, requires high credit standards and bars investment in countries that have defaulted; investments are capped at 5% of investable cash.

Kansas Senate Bill 232 tightens the reins on foreign investment for CAPERS, ensuring only the most reliable nations can be considered—are your finances ready for this change?

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#KS #KansasCapital #CitizenPortal #FinancialRegulation #InvestmentSafeguards #SovereignDebt

Senate committee debates SB115 to authorize Kansas bullion depository and allow limited state gold holdings Senate Bill 115 would let the state treasurer establish bullion depositories, require security, insurance and twice-yearly independent audits, and permit the treasurer to invest a portion of state monies in specie; proponents argued it hedges inflation while opponents warned against the state becoming a market participant.

Kansas is considering a bold move to establish a bullion depository, potentially reshaping how the state handles its investments amidst rising inflation concerns.

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#KS #CitizenPortal #FinancialRegulation #KansasBullion #PublicPolicy #InflationHedge

RBI Regulation of NBFCs: Licensing, Rules, and Penalties

This guide explains RBI regulations for NBFCs, penalties for non-compliance.

Read more - socialmobie.com/blog/how-rbi...

#NBFCIndia #RBIRules #FintechCompliance #NBFCServices #CorpbizExperts #FinancialRegulation

Nevada board advances broad AML overhaul, cloud rules and a 314(b) pilot for information sharing The Nevada Gaming Control Board voted Feb. 11 to send a package of anti‑money‑laundering (AML) regulations and cloud‑computing clarifications to the Nevada Gaming Commission, and launched a voluntary 314(b) industry information‑sharing pilot that could become mandatory after a trial period.

Nevada is taking a bold step in the fight against money laundering, introducing new regulations that could reshape the gaming industry!

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#NV #ComplianceAccountability #CitizenPortal #FinancialRegulation #NevadaGaming #CloudSecurity