UBS has put an end to a long-running French legal battle, agreeing to pay €835 million ($895 million) to settle charges tied to its cross-border business activities from 2004 to 2012.
The role of technology in governance, risk, and compliance has never been more important. Organizations are under pressure to build resilience, integrate governance into decision-making, and ensure that risk management isn’t just a side function but part of the strategy that drives the business forward. Yet there’s still plenty we don’t know, including which approaches are working best, where maturity gaps remain, and what investments will define the future.
The Department of Justice’s Criminal Division is having what Acting Assistant Attorney General Matthew R. Galeotti called “a record-breaking year” in its pursuit of white-collar crime, and he made clear in remarks Friday at the Global Investigations Review Annual Meeting in New York that prosecutors are far from finished.
The U.S. Department of the Treasury is beginning the long process of translating the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into practice. On September 19, Treasury issued an Advance Notice of Proposed Rulemaking (ANPRM), inviting public comment on how the law should be implemented. The request is not about imposing new requirements just yet, it is the first opportunity for stakeholders and the broader public to weigh in on how the U.S. will regulate payment stablecoins in the years ahead.
The Federal Trade Commission (FTC) Chairman Andrew N. Ferguson recently submitted a report to the White House Office of Management and Budget (OMB) recommending the deletion or revision of certain federal regulations identified as anticompetitive.
The Justice Department is closing the book on a years-long probe into market manipulation at BofA Securities (BoAS), and the bank is walking away without criminal charges. Instead, BoAS will pay nearly $6 million in disgorgement and victim compensation after voluntarily coming forward about misconduct on its U.S. Treasuries desk.
The Office of the Comptroller of the Currency (OCC) ended summer with a pointed reminder that accountability in banking isn’t confined to the boardroom. In its September 2025 enforcement actions, the regulator issued no new penalties against institutions but handed out prohibition orders to five former bank employees for fraud, theft, and misappropriation of funds.