The Federal Reserve Board just requested public comment on establishing a regulatory framework for payment stablecoin issuers under the GENIUS Act. Here's what it means for financial firms, banks, and digital asset markets. Compliance teams must stay ahead of enforcement actions, consultation papers, and key policy shifts. Below are today's top updates from key global regulators.
1️⃣ Securities and Exchange Commission — Proposed Final Judgment in $80M Fraud
The SEC filed a proposed final judgment in court resolving litigation against a former CEO involving an $80 million offering fraud.
This action hits corporate officers, tech firms, and market entities bound by federal disclosure rules.
Impacted firms must ensure disclosure accuracy and review risk controls as court proceedings continue in this case.
🪙 2️⃣ Federal Reserve Board — Stablecoin Regulatory Framework Proposals
The Fed issued two consultation proposals establishing oversight for payment stablecoin issuers under the GENIUS Act.
This impacts stablecoin issuers, banks, and non-bank firms operating digital payment infrastructure.
Covered entities should review supervisory standards and submit public comments before deadlines close.
3️⃣ FINTRAC — Monetary Penalty on Caisse populaire acadienne ltée
FINTRAC imposed an administrative penalty on Caisse populaire acadienne ltée over AML compliance issues.
The penalty hits Canadian credit unions, financial cooperatives, and regulated firms subject to AML oversight.
Institutions must audit transaction monitoring systems and strengthen internal controls to meet compliance rules.
4️⃣ Competition Bureau — Consent Agreement with Kalibrate
The Competition Bureau reached a consent agreement with Kalibrate over competition concerns in retail gas.
This settlement hits commercial fuel suppliers, retail software vendors, and analytics providers in Canada.
Market participants must adjust commercial data practices to align with legally binding agreement terms.
5️⃣ Receita Federal — Operation Hidden Credit Uncovers Connections
Receita Federal and Gaeco identified financial connections linked to Operation Hidden Carbon in Operation Hidden Credit.
This investigation hits tax advisors, corporate intermediaries, and business groups operating in Brazil.
Regulated firms must track law enforcement steps and strengthen counterparty risk management controls.
Full analysis in the attached RegNext Daily Americas Radar carousel.
— Elena Navarro · Managing Editor, RegNext
Daily Americas Radar · Thursday 24 Sep 2026
#USRegulation #LATAMRegulation #FinancialRegulation #ComplianceIntelligence
