New regime aims to enhance consumer protection, set industry standards
Risky firms, crypto platforms add to compliance division's workload
U.K. regulator fined Coinbase company £3.5 million for compliance violations
Revisions seek to better align with global standards
Organization launches pilot program to allow remote supervision
Fraud claims pass suitability issues among investment cases
Ongoing regulatory initiatives include binding authority at OBSI, climate-related disclosures, misleading titles, mutual fund sales practices and more
FSB, Basel Committee have long warned of tech risk in financial sector
Weaknesses in position reporting uncovered in compliance review
Tech advantages always prove short lived in the stock markets, report suggests