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Top Financial Services: Regulation Tomorrow News

Jim Chalmers · MelbourneMonday’s backflip, revealed on Albanese’s first day of a week-long holiday, involved dropping a proposal to tax paper profits for people with more than $3 million in their super.See the Story
The Moment the PM Decided to Pull the Pin on Chalmers’ Contentious Tax
60% Left coverage: 5 sources

Innovation · United KingdomBritain's financial regulator set out plans on Tuesday to encourage asset managers to "tokenise" their funds on blockchain, in a move aimed at attracting younger investors.Under the proposals being considered, UK asset managers would be able to create crypto tokens representing shares in their funds, using puSee the Story
UK regulator backs 'tokenised' funds to attract younger investors
100% Center coverage: 1 sources

Finance · United KingdomLONDON, England – We’ve been working with the industry to deliver open finance, which will give people control over how they manage their money and plan their finances for the future. In our letter to the PM in January, we committed to completing a variety of work to help accelerate digital innovation. This included using our powers to develop open finance, potentially prioritising small and medium-sized enterprise (SME) lending. To support this…See the Story