A FinTech company engaging in origination and servicing activities settled CFPB charges for facilitating and processing loans to consumers who did not request them.
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OFAC authorized transactions related to the exportation or re-exportation of liquefied petroleum gas to Venezuela involving the Government of Venezuela or Petróleos de Venezuela, S.A. The authorizations run through July 8, 2022.
The DOJ Antitrust Division and the Federal Maritime Commission entered into a Memorandum of Understanding which sets forth the terms for agency cooperation on antitrust enforcement in the U.S.-international ocean liner shipping industry.
In remarks following the G20 Finance Ministers and Central Bank Governors meetings, Secretary of the Treasury Janet L. Yellen stated that 132 countries are coming to a consensus around a global corporate minimum tax rate of at least 15 percent.
At the Venice International Conference on Climate Change, Financial Stability Board Chair Randal K. Quarles described "foundational components" for climate-related financial risk disclosure. Separately, Secretary of the Treasury Janet L. Yellen called for consistency across climate change reporting frameworks.