Chief Executive of the UK Financial Conduct Authority Andrew Bailey unveiled a plan to phase out the London Interbank Offered Rate by the end of 2021.

The SEC awarded more than $1.7 million to a whistleblower for reporting "critical information to help stop a fraud that would have otherwise been difficult to detect."

The Financial Crimes Enforcement Network fined a foreign-based virtual currency exchange over $110 million for violations of anti-money laundering regulations.

FINRA promoted Susan Schroeder to Executive Vice President and Head of Enforcement, and announced plans to institute a consolidated enforcement group.

The U.S. House of Representatives voted to approve a joint resolution to block the recently adopted Consumer Financial Protection Bureau arbitration rule.