Rubin argues that the country’s dependence on 2 financial companies, combined with inadequate regulation & AI-enabled cyber threats, could expose its economy to a potentially devastating attack.

As investment sites and prediction markets merge, investors are more vulnerable than ever

The new banking reforms committee must align scale, competition and risk management with India’s aspirations for a developed economy. by K. Srinivasa Rao, BasisPointInsight.com

Serbia's central bank revoked Alta banka's operating licence on October 30 after its financial condition deteriorated.

It’s not impossible to spot the characteristics of a brewing financial crisis. We can look to 2008 for clues.

Germany's regulator BaFin has withdrawn the licence of Bank Saderat Iran's Hamburg branch and ordered its liquidation, leaving about €200,000 of customer deposits frozen under EU sanctions.

The Coalition has announced plans to challenge Australia's financial regulators, specifically the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC), over what it describes as an excessive focus on risk minimisation at the expense of competition and industry growth. Shadow Treasurer Tim Wilson will formally propose an 'attitudinal reset' at these regulatory bodies, following mounting criticism from industry leaders and economists who argue that current regulatory approaches are stifling innovation and economic development in the financial sector. The Coalition's position highlights concerns that regulators have become overly cautious, prioritising risk avoidance over fostering a dynamic business environment. This comes amid broader debates about the balance between regulatory oversight and economic growth, with the government suggesting that current policies may be contributing to reduced competitiveness in Australia's financial markets. The proposed changes would require regulators to actively promote competition and support industry growth, rather than focusing solely on risk mitigation. Industry representatives have long argued that the current regulatory framework creates unnecessary barriers for financial institutions seeking to innovate and expand their services. The Coalition's stance reflects a growing political pushback against what it views as excessive regulatory intervention in the financial sector, with implications for how Australia manages its financial markets in the future. The announcement follows recent reports from the Productivity Commission and other economic bodies that have raised similar concerns about the impact of regulatory policies on business growth. This development signals a potential shift in the government's approach to financial regulation, moving from a risk-averse stance to one that actively encourages innovation and market competition.

Banks’ trading businesses are booming, but post-crisis regulation means it is no longer them placing the bets

Leading figures in the UK financial sector are preparing a coordinated campaign against possible tax increases on banks in Chancellor John Healey’s upcoming Budget. According to Sky News, executives and trade associations—including AFME, UK Finance, and TheCityUK—are drafting a letter warning that additional bank taxes could fail to generate meaningful extra revenue for the Treasury. Their central argument is that higher taxes may push financial businesses, investment, and jobs out of the United Kingdom, weakening London’s competitiveness as an international financial center. The lobbying effort comes shortly before bank chiefs are scheduled to meet Healey in person, with leaders from major institutions such as Barclays, HSBC, Lloyds Banking Group, and NatWest reportedly invited. Industry groups are concerned that the government could raise the bank corporation tax surcharge or introduce other sector-specific measures to help fund public spending or tax reductions elsewhere. Challenger banks, including Revolut, Monzo, and Shawbrook, have separately urged the chancellor to raise the profit threshold at which the surcharge applies, arguing that an increase would disproportionately affect mid-sized and specialist lenders. Meanwhile, unions and campaign groups support higher bank taxes, contending that the sector’s strong profits should contribute more to public finances and cost-of-living support. The Treasury has not commented on Budget speculation, leaving the extent of any tax changes uncertain ahead of the statement.

Hong Kong Investment Corporation has confirmed Clara Chan Ka-chai will lead the state-owned vehicle for another three years, aligning with the city's emerging industry strategy.

Firms manage $7.3tn in assets and could afford to transition away from fossil fuels yet invest in natural gas and coal-fired plants to power datacenters

Icelandic banks are at a competitive disadvantage compared with European banks and financial companies, Jón Guðni Ómarsson, chairman of the Federation of Icelandic Financial Services Companies and CEO of Íslandsbanki, said, according to mbl.is. Ómarsson opened a federation meeting at Smárabíó on …

Icelandic banks and financial companies are at a competitive disadvantage compared with their European counterparts, Jón Guðni Ómarsson, chair of the Association of Financial Services Companies and CEO of Íslandsbanki, said, according to mbl.is. Jón Guðni opened an association meeting at Smárabíó…

Icelandic authorities plan to raise special taxes on financial companies, a move the Financial Services Association of Iceland says is a bitter disappointment, mbl.is reported. The proposed taxes are expected to raise 31 billion Icelandic krónur next year, according to the budget bill presented o…

Private capital saw an opportunity to make insurance much more profitable. At what risk?

Apollo Global Management confirmed that attackers used social engineering to gain unauthorized access to some of its cloud platforms between July 6 and July 10, exposing personal data including names, dates of birth, contact information, home addresses, and Social Security numbers. Google has attributed the broader campaign to BlackFile, a threat group linked to The Com and its extortion brands Redact, Pink, Helix, and Falcon. #ApolloGlobalManagement #BlackFile #TheCom #Redact #Pink #Helix #Falcon

Summits are our largest events of the year, packed with insightful presentations, workshops, and panels on topics relevant to the security of the global financial services industry.

Kuwait Investment Authority sells a $3.1 billion stake in Bank of America, impacting stock prices significantly.

Threat actor BreachParty claims an ING Bank data breach of the bank’s Spain records, exposing PII and financial data. ING stated the breach was external.

The Lazarus Group uses PondRAT, ThemeForestRAT, and RemotePE in targeted attacks against financial and cryptocurrency organizations.

#independent #cumex #prosecution @cumex #harvard #harvard_law #reframed criminal moneymultipliers fuelling money from the realeconomy intothe financialsector with nothing but the effort that the govt creates this nonexistent money : allofthis separate fromthe centralbank: exploiting flawed technicalities to: is a different case with different burden of proof. whichcases salvageable which decay timeframes .@ecb @ezb @all @world .@london .@paris .@frankfurt .(((@law))) @law @haaretzcom .@ap .@reuters @harvard_law .@scotus @scotusblog (((.@ezb))) (((.@bankofengland))) .@yahoofinance (((.@federalreserve))) .@harvard_law…

Halkbank CEO moved in filings dated Apr 9-10, 2026; two state lenders restructured leadership, raising urgent questions about credit allocation and market governance.