U.S. Reps. Tom Suozzi (D-NY) and Tom Cole (R-OK) introduced legislation in the U.S. House that would create a bipartisan, independent commission to address the long-term financial solvency of Social S...
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Elliott Investment Management LP has intensified its campaign for change at Northern Star Resources Ltd., arguing the Australian gold miner’s own disclosures validate calls for a board overhaul and ...
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The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) provided updated guidance to clarify how financial institutions can share information with each other about suspec...
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Citigroup recently launched an initiative that seeks to broadens access to private markets for both global issuers and investors. Citigroup’s launch of Digital Depositary Receipts on private sh...
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The Securities Industry and Financial Markets Association (SIFMA) provided feedback to the Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC) on its recent propo...
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The Conference of State Bank Supervisors (CSBS) has recommended changes to the Federal Deposit Insurance Corporation’s (FDIC) proposed rule to implement the GENIUS Act. In a comment letter to the...
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U.S. Rep. Ron Estes (R-KS) introduced a bipartisan resolution expressing opposition to digital services taxes (DSTs) and other extraterritorial tax measures levied by foreign nations. The resolutio...
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The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an advisory for financial institutions about the risks of the unlawful employment of illegal aliens. F...
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A group of leading U.S. banks are launching a digital payments initiative that seeks to modernize money movement across emerging chain networks. The initiative will deliver on-chain clearing and se...
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A majority of Americans, 61 percent, believe that Congress should be cautious when considering the Clarity Act, legislation creating rules for digital assets such as stablecoin, so as not to undermine...
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