Prosecutors in Frankfurt are opening a criminal investigation into the way Germany’s financial regulatory authority BaFin supervised Wirecard AG, and whether a portion of the watchdog’s workforce traded shares unlawfully, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy...
Apple refused to offer a witness in a “timely manner” to testify at a hearing by the Senate Judiciary Committee’s Subcommittee on Competition Policy, Antitrust, and Consumer Rights to look into the competition issues that app stores bring to the surface, U.S. Sen. Amy Klobuchar...
As of Wednesday (April 7) the U.K. has created a new Big Tech regulator for firms like Google and Facebook with the purported goal of protecting the nation’s competitive media landscape, and attempting to discover if a code of conduct could improve the balance of...
The United Kingdom has launched what it calls a “tough new regulator” to ensure companies like Google and Facebook can’t stifle competitors and innovation using their outsized place in the market, according to a Wednesday (April 7) announcement. Get the Full Story Complete the form...
A leading securities regulator issued a warning on the rise of fundraising through blank check companies, The Wall Street Journal reported Wednesday (April 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Some regulations lifted to help businesses and consumers survive the COVID-19 pandemic have bipartisan support in being permanently nixed as the world starts returning to normal, The Wall Street Journal reported on Tuesday (April 6). Get the Full Story Complete the form to unlock this...
Big technology platform players like Facebook and Google could see massive changes in regulations if U.S. Supreme Court Justice Clarence Thomas gets traction on his idea that the segment should be regulated like utilities, CNBC reported on Tuesday (April 6). Get the Full Story Complete...
The Financial Conduct Authority, the U.K.’s markets regulator, released plans Wednesday (March 31) to reform its rules governing special-purpose acquisition companies (SPACs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The U.K.’s Payment Systems Regulator (PSR) has accused five companies in the prepaid card market of operating as a “cartel” by agreeing to not compete or poach each other’s customers. The PSR issued a statement of objection on Wednesday (March 31) based on the behavior of...
