By: Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control, U.S. Department of the Treasury Economic and trade sanctions continue to be an important tool to support the United States’ foreign policy goals and to address pressing national security concerns. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) administers and
The Australian Prudential Regulation Authority (APRA) has published the public notes from the life insurance CEO roundtable held on Wednesday, 17 July 2024. The roundtable was hosted by APRA Member Suzanne Smith together with Executive Director Sean Carmody and General Manager Nancy Ma. It was attended by 21 life insurance CEOs and other executives, as
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today ordered Fay Servicing to pay a $2 million penalty for violations of mortgage servicing laws, as well as for violations of a 2017 agency order that addressed its illegal foreclosure practices. The company failed to implement the order’s requirements and continued to break the law.
Insurers and brokers have improved governance and oversight of how products are designed, managed, reviewed, and distributed, but many still cannot show how they are providing fair value to customers or that they were receiving good outcomes. In a report published today, the FCA set out issues with information sharing between insurers and brokers, and
김소영 부위원장, 가맹점·소비자·카드사와 함께 신용카드업 상생·발전방안 논의 - 8.20일(화) 카드수수료 적격비용 제도개선 TF 회의 개최 - 가맹점단체, 소비자단체, 카드업계와 직접 만나 의견 청취 - 카드수수료율 체계 및 적격비용 산정방식 등에 관한 다양한 의견 수렴 가맹점 권익·소비자 편익 제고 및 고비용 구조 개선 추진 - 가맹점 대금지급 주기 단축, 가맹점수수료율 이의제기
