Legal & Regulation

CFPB
CFPB’s Chopra Eyes Big Tech’s Payments Efforts and Stablecoin Risks for Review
April 04, 2023

The words “systemic” and “risk” have been on everyone’s lips in the past few weeks. 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
Report: Signature Bank Execs Sold $100 Million in Shares During Crypto Boom
April 04, 2023

Executives at Signature Bank sold more than $100 million shares after trying to woo cryptocurrency clients. 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...

AML
UK Slaps Levy on Regulated Entities to Help Fund Money Laundering Fight
April 03, 2023

A recently implemented Economic Crime Levy under the U.K.’s Finance Act 2022 is aiming to help in the fight against money laundering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

CFPB
CFPB Issues Warning to ‘Abusive’ Consumer Finance Firms
April 03, 2023

The Consumer Financial Protection Bureau is reminding lenders of its 13-year-old rule against “abusive” conduct. 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
Bank of China Calls for Tougher Financial Safeguards
April 02, 2023

Officials from The People’s Bank of China are reportedly calling for stricter financial regulations. 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...

ANTITRUST
UK Antitrust Investigation of Apple Stopped After Appeal Win
March 31, 2023

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Bank Regulation
National Federal Reserve Board Reportedly Leads Supervision of Biggest Banks
March 31, 2023

Big banks are reportedly largely overseen by Fed officials in Washington rather than in regional offices. 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...

Bank Regulation
Wells Fargo Fined $97.8 Million for Sanctions-Related Violations
March 30, 2023

Wells Fargo has been fined $97.8 million for sanctions-related violations from 2010 to 2015. 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...

Legal & Regulation
CFTC Lawsuit: Binance Gave ‘VIP’ Edge to Big Traders
March 30, 2023

A lawsuit against Binance alleges the cryptocurrency giant gave preferred treatment to high-frequency traders. 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...