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Top News In Finreg Today - Breaking & Trending Today

Australia regulator tells Medibank to set aside $167 mln after data breach

Australia's banking regulator told insurer Medibank on Tuesday it would have to set aside A$250 million ($167 million) in extra capital, citing weaknesses identified in its information security after a major hacking breach. ....

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US House panel critical of Twitter probe to question FTC chair at July 13 hearing

U.S. Federal Trade Commission Chair Lina Khan is set to testify on July 13 before the House Judiciary Committee led by Republicans who have sharply criticized her leadership of the antitrust enforcement agency, the committee and commission confirmed on Friday. ....

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Vietnam on financial grey list over weapons-proliferation risks

Vietnam was added to the watch list of the FATF international financial crime watchdog, which said the nation has nonetheless committed to proving it effectively prevents the financing of the proliferation of weapons of mass destruction. ....

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Powell says U.S. Fed will make "judgment call" on costs of new regulations

Raising U.S. bank capital requirements to guard against future losses could increase the cost of credit but that may be justified to ensure the U.S. banking system is safe, Federal Reserve Chair Jerome Powell told Congress on Wednesday. ....

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Binance issues cease and desist notice to "Binance Nigeria Limited"

Binance has issued a cease and desist order to "Binance Nigeria Limited", Binance CEO Changpeng Zhao said in a tweet on Sunday, calling the Nigerian company a "scammer entity". ....

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