regulatory-framework
Top StoriesUK to examine broadcom’s $61 billion VMware deal in depth
Top StoriesS&P global fined 1.1 million euros for premature credit rating publications
Top StoriesStanChart CEO says AT1 bond wipeout has profound impact
Top StoriesUK’s ofcom delays BT fibre pricing decision after CEO remarks
Big tech ‘fair share’ debate set to dominate barcelona mobile meet
Date: February 27, 2023
By Supantha Mukherjee, Martin Coulter and Joan Faus BARCELONA (Reuters) -A clash between Big Tech and European Union telecoms firms over who will underwrite network infrastructure is set to dominate discussion at the world’s largest telecoms conference this week. More than 80,000 people, including tech executives, innovators, and regulators, are set to descend on this...
Microsoft inks Nvidia game deal to assuage regulators over activision merger
Date: February 22, 2023
By Foo Yun Chee and Stephen Nellis BRUSSELS (Reuters) -Microsoft Corp has struck a 10-year deal to bring “Call of Duty” and other Activision games to Nvidia Corp’s gaming platform if the Xbox maker is allowed to complete its much-contested $69 billion acquisition of Activision. Regulators and competitors like Sony have come out hard against...
Post-Brexit insurance reform clear before December, says BoE’s woods
Date: February 21, 2023
By Huw Jones LONDON (Reuters) -The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a long-trailed and disputed reform of their capital rules, saying a “very good sense” of the changes would emerge well before December. Changing the rules, known as Solvency II, has become...
G20 watchdog homes in on decentralised finance after FTX crash
Date: February 17, 2023
By Huw Jones LONDON (Reuters) – The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle “vulnerabilities” and data gaps in decentralised finance (DeFi) highlighted by the collapse of cryptocurrency exchange FTX last year. The fast-growing and unregulated DeFi segment offers trading, borrowing and lending in cryptocurrency assets by using...
Meta oversight board to begin reviewing cases more quickly
Date: February 15, 2023
By Sheila Dang (Reuters) -Meta Platforms’ Oversight Board announced Tuesday it will review more types of content moderation cases and expedite some decisions, as it aims to expand its work. The Oversight Board was created in late 2020 to review Facebook and Instagram’s decisions on taking down or leaving up certain content and make rulings...
EU considers ban on ‘forever chemicals’, urges search for alternatives
Date: February 7, 2023
(Reuters) – The European Union on Tuesday started to consider a proposal to ban widely used substances known as PFAS or “forever chemicals” in what could become the bloc’s most extensive piece of regulation of the chemical industry. The substances have been used in tens of thousands of products, including aircraft, cars, textiles, medical gear...