News Regulators 

The art of the trade deal

“Call it the art of the trade deal” reports washingtonexaminer.com. The fight was so prolonged that it effectively undermined the White House’s effort to pass the Trans-Pacific Partnership, a 12-nation trade deal that had been the main reason why the Obama administration wanted fast track.The White House source said the administration expected a bunch of inquiries from lawmakers about TPA, but they never came. Source: washingtonexaminer.com Share This:

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News Regulators 

Blake Farenthold secured $2.14M in federal pork for this port; they just gave him a $160K job

“Blake has always been a strong supporter of the Calhoun Port Authority and is familiar with the issues facing the Port,” the port authority said in a statement” writes Andrew Harnik Ap for washingtonexaminer.com. Two years ago, before he was sunk by scandal, Farenthold worked with the local port authority to secure federal dollars to dredge the adjoining channels. Source: washingtonexaminer.com Share This:

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News Regulators 

UK authority fines Barclays CEO in whistleblower affair

“The authority says that given the conflict, Staley should have maintained his distance, refraining from steps to unmask the author” writes The Associated Press for seattletimes.com. Mark Steward, FCA executive director of enforcement and market oversight, says Staley “breached the standard of care required and expected of a chief executive in a way that risked undermining confidence in Barclays’ whistleblowing procedures.” Barclays will also face special requirements, including providing detailed annual reports on its handling of whistleblowing. Source: seattletimes.com Share This:

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Crypto Markets News Regulators 

Kenyan Capital Markets Authority Proposes Cryptocurrency…

“As such, the local Capital Markets Authority wants to establish a new agency to monitor cryptocurrency activity in the country” writes Jp Buntinx for livebitcoinnews.com. Establishing a new body to monitor cryptocurrencies is one way of achieving that goal.Kenya is a country where cryptocurrencies can genuinely thrive. Source: livebitcoinnews.com Share This:

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News Regulators 

Fee for arriving to airport by car? Boston decides ‘no’

“The Massachusetts Port Authority agreed to study the idea as part of an agreement with an environmental group” writes unknown author for usatoday.com. An official with the environmental group said other parts of the agreement, including expanded bus service, are more important for reducing congestion.The Boston Globe reports the head of the authority told state officials on Monday that the agency will not move forward with the idea. Source: usatoday.com Share This:

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News Regulators 

Tiger mosquitoes capable of carrying Zika spread across half of France 

“Aggressive tiger mosquitoes that can carry diseases such as Zika, dengue and Chikungunya fever have spread throughout half of France as health authorities urge holidaymakers to use repellents” writes Sophie Gaston for telegraph.co.uk. The public health authority warned that 42 of France’s 96 départements are affected. It urged people to be vigilant from May until November and to “drain away stagnant water, where mosquitoes can reproduce, around homes.” Tiger mosquitoes have propagated an epidemic of dengue fever in the French Indian Ocean island of Réunion and the health authority fears…

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News Regulators 

Rage and wonder in 1968: The year war came through the TV and I felt pieces of childhood ending

“The new generation believed in technology more than any before it, but the generation also believed in LSD, in witches, in tribal knowledge, in orgy, and revolution” writes Romeo Juliet for latimes.com. Their radicalism was in their hate for authority — the authority was the manifest evil of this generation.”.  Source: latimes.com Share This:

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Crypto News Regulators 

Macau Authority Issues Cryptocurrency Warning…

“Monetary Authority of Macau reminds all Macau residents that cryptocurrencies are virtual products, but not legal currencies or financial tools” writes Rebecca Campbell for livebitcoinnews.com. In the statement, the authority wrote: The media has reported that a Macau company was involved in an ICO [initial coin offering] recently.Under Macau monetary regulations, it is forbidden for any bank or payment institution to provide services to cryptocurrency exchanges.Macau joins a growing number of authorities that are reminding residents that digital currencies such as bitcoin aren’t legal and can be linked to criminal…

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GBP News Regulators 

British regulators to fine Barclays CEO, monitor whistleblowing program

“LONDON (Reuters) – British regulators have concluded efforts of Barclays chief executive Jes Staley to unmask a whistleblower at the bank represented a breach of individual conduct and proposed he pay an undisclosed fine, the bank said on Friday” writes Midwest Communications Inc for 95kqds.com. The FCA and PRA will not take enforcement action against Barclays, the bank said.The bank will, however, be required to report to the FCA and PRA on certain aspects of their whistleblowing programs. Source: 95kqds.com Share This:

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News Regulators 

Puerto Rico suffers island-wide power outage…

“Puerto Rico, home to more than 3 million US citizens, has grappled with widespread power outages for months since Hurricane Maria devastated the Caribbean island” writes Ray Sanchez for cnn.com. Puerto Rico’s power authority faced widespread criticism late last year for signing a $300 million contract to restore power with Whitefish Energy Holdings, a small Montana-based firm with only two employees at the time.Puerto Rico’s power outage is now the second-largest blackout in history Puerto Rico has lost 3.4 billion customer-hours of electricity service due to Maria, according to an…

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