Legal & Regulation

Legal & Regulation
EC Commissioner Says DMA Doesn’t Compromise Security and Privacy
September 26, 2023

Following a recent meeting with Apple CEO Tim Cook, European Union (EU) Internal Market Commissioner Thierry Breton called on the tech giant to open up its ecosystem of hardware and software to rivals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Bankman-Fried Makes New Bid for Freedom Before Trial
September 26, 2023

FTX founder Sam Bankman-Fried has renewed his bid for bail ahead of his fraud trial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

AML
SEC: DWS Failed to Develop Anti-Money Laundering Program
September 25, 2023

DWS Investment Management Americas is facing two separate enforcement actions from the Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Bank Regulation
UK Banking Sector Reforms Pushed Back Six Months
September 25, 2023

England’s central bank is putting new banking reforms on hold until the summer of 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Legal & Regulation
Biden Administration Weighs Requiring Cloud Companies to Disclose Heavy Users, Citing AI Threats
September 22, 2023

The White House is reportedly considering the implementation of a new policy that would require cloud computing companies to disclose certain information about their customers to the U.S. government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
FTX Lawsuits, Pressure Aim to Claw Back Billions
September 22, 2023

FTX is using legal action against various parties and other methods as part of its asset recovery efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Legal & Regulation
UK Parliament OKs Online Safety Bill and Metaverse Protections
September 20, 2023

The United Kingdom has passed its Online Safety Bill, and with it, new metaverse protections. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Bank Regulation
Hill Hearing Debates Innovation and Credit Access Threat Due to Banking Regulation ‘Overreach’
September 20, 2023

Change looms in the banking sector as various agencies have put forth proposals that would, among other things, raise capital requirements, mandate that banks with more than $100 billion in assets issue more debt and that almost all institutions re-assess risk. Get the Full Story...

Legal & Regulation
CFPB Says Lenders Must Explain AI-Driven Credit Denials
September 19, 2023

The Consumer Financial Protection Bureau (CFPB) has released guidance for lenders who utilize artificial intelligence (AI) and complex models in their credit decision-making processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....