Joe Mont

As mainstream firms dip their toes into cryptocurrency, they are discovering an evolving world of money laundering controls and sanctions restrictions.

The Government Accountability Office, the research arm of Congress, has issued a new analysis of the SEC’s disclosure requirements regarding material climate-related risks.

As part of his farewell tour, Thomas Hoenig, the departing vice chairman of the Federal Deposit Insurance Corporation, used a recent speech to candidly address the challenge of balancing prudential standards and regulatory initiatives when attempting to end big bank bailouts.

The Senate passed the Stop Enabling Sex Traffickers Act with an overwhelmingly bipartisan vote of 97-2. The bill, part of a six-year effort, ammends the Communications Decency Act to allow for the reporting of potential indicators of slavery..

When Congress passed  a $1.3 trillion federal spending package, the bill included restrictions on the SEC and made law a controversial plan for confiscating data from servers located abroad.

Troubles continued this week for social media giant Facebook with confirmation that the FTC is investigating whether the exposure of personal data belonging to an estimated 50 million users is a violation of a 2011 consent decree. Also in the mix: Congress and state Attorneys General.

With an effort to improve cyber-security defenses, six global corporations have joined forces to launch The Coalition to Reduce Cyber Risk, also known as CR². Members include AT&T, Cisco, HSBC, JPMorgan Chase, Mastercard, and Microsoft.

At a recent Senate hearing, government representatives and automakers lamented the challenge of purging Takata airbags from the automotive supply chain.