Search results for financial regulators
Finance
NH NongHyup Financial speeds up AI shift, begins building group governance
NH NongHyup Financial Group is moving to build an enterprise-wide AI governance framework as the use of AI expands in the financial sector. It plans to set group-level standards and apply risk management criteria tailored to each affiliate’s work environment. The company aims to complete the framework within this year in line with financial regulators’ AI policy direction. It is also running an enterprise-wide task structure involving relevant departments and plans training, change management, and pilot verification.
AI & Enterprise
Central banks warn of financial risks from agentic AI
European central banks and financial regulators warned that agentic artificial intelligence could increase volatility during periods of financial market stress and urged safeguards. They also said existing regulatory frameworks struggle to keep pace with rapid advances in AI. Bank of England Deputy Governor Sarah Breeden raised the need for mechanisms to limit or halt trading if flawed models trigger a market collapse. European Central Bank President Christine Lagarde cited growing cyber and data risks.
Crypto
Meme coin promotions draw criticism over shaving heads and tattoos to push prices
Controversy is growing as meme coin marketing moves beyond online promotion and into real-world acts that encourage self-harm and risky behavior. Cointelegraph reported that Solana-based token issuance platform Pump.fun has been criticised for running reward-based promotions that allegedly turned shaving heads, heavy drinking and tattoos into marketing tools. Critics say attention competition drives extreme stunts and benefits platforms indirectly, while others argue participation is voluntary. The debate is also raising questions about regulation and legal classification.
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Finance
Fintech shaken by loan curbs scrambles for new business
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Crypto
Changpeng Zhao urges 24-hour trading for tokenised stocks, calls on governments to issue stablecoins
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Crypto
Mexican billionaire says bitcoin will hit $1 million but timing unknown
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Crypto
Local elections over, but digital asset framework act still unclear
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Crypto
U.S. Republican senators urge review of bank capital rules for bitcoin holdings
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Crypto
Binance expands U.S. stock trading abroad, plans tokenised bStocks
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Crypto
\'Crypto mom\' Hester Peirce to step down from U.S. SEC in November
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Finance
Inclusive finance pressure mounts, raising tensions in South Korean banks
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Finance
FSC urges securities sector to restore core functions, discusses expanding risk capital supply
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Finance
South Korea\'s top four financial groups complete outside director reshuffle; academic bias persists
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Games & Commerce
Smilegate loses first trial in IPO failure damages suit, ordered to pay 100 billion won
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Crypto
RBA draws line between stablecoins and deposit tokens in tokenisation
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Crypto
U.S. regulators apply same capital rules to tokenised securities
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Finance
Finance groups speed up governance revamp as KOSPI faces Middle East risk
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Finance
Securities industry may hit brakes on digital asset business, watches regulatory variables