Securities

Read more about the article CFPB Orders NewDay USA to Pay $2.25 Million for Illegally Luring Veterans and Military Families into Cash-Out Refinance Loans

CFPB Orders NewDay USA to Pay $2.25 Million for Illegally Luring Veterans and Military Families into Cash-Out Refinance Loans

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against repeat offender New Day Financial (NewDay USA) for deceiving active duty servicemembers and veterans seeking cash-out refinance loans. The CFPB found that NewDay USA gave misleading and incomplete cost comparisons to borrowers refinancing in North Carolina, Maine, and Minnesota, which made the

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Read more about the article APRA releases superannuation statistics for June 2024

APRA releases superannuation statistics for June 2024

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The Australian Prudential Regulation Authority (APRA) has released its Quarterly Superannuation Performance publication and the Quarterly MySuper Statistics report for the June 2024 quarter. Key statistics for the superannuation industry as at 30 June 2024:    June 2023 June 2024 Change Total superannuation assets $3,592.5 billion $3,920.2 billion +9.1% Total APRA-regulated assets $2,459.2 billion $2,704.9 billion

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Read more about the article Learn more about the Insurance and Cybersecurity Working Group

Learn more about the Insurance and Cybersecurity Working Group

Rio de Janeiro, 29 de agosto de 2024. A Superintendência de Seguros Privados (Susep) publicou ontem (28) a Portaria 8.323, que constitui Grupo de Trabalho (GT), de natureza consultiva, com o propósito de discutir e elaborar estudos técnicos sobre a segurança cibernética do setor supervisionado pela Autarquia e os desafios e oportunidades que o desenvolvimento

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Read more about the article EBA issues Opinion on a measure to address macroprudential risk following a notification by the De Nederlandsche Bank

EBA issues Opinion on a measure to address macroprudential risk following a notification by the De Nederlandsche Bank

The European Banking Authority (EBA) today published an Opinion following the notification by the Dutch Central Bank (De Nederlandsche Bank - DNB) of its intention to extend a measure originally introduced in 2022 for a further two years until 2026. The measure aims to maintain the resilience of institutions against a potential severe downturn in

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Read more about the article Financial Regulators Update Examiner Guidance on Financial Institutions’ Information Technology Development, Acquisition, and Maintenance

Financial Regulators Update Examiner Guidance on Financial Institutions’ Information Technology Development, Acquisition, and Maintenance

Financial Regulators Update Examiner Guidance on Financial Institutions’ Information Technology Development, Acquisition, and Maintenance (Aug. 29, 2024) – The Federal Financial Institutions Examination Council (FFIEC) today issued a new booklet to help examiners assess information technology practices. The “Development, Acquisition, and Maintenance” booklet provides examiners with fundamental examination expectations regarding entities’ development and acquisition planning and

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