A court ruling in the European Union (EU) giving Brussels the jurisdiction to investigate life sciences firm Illumina’s $8 billion takeover bid of biotech company Grail could set a precedent granting regulators wider oversight of deals regardless of the revenue and other particulars. Get the...
The Bank for International Settlements (BIS) and the International Organization of Securities Commissions (IOSCO) published on Wednesday (July 13) their guidance on the application of financial market infrastructure rules to stablecoins, including the entities that provide stablecoins. Get the Full Story Complete the form to...
The U.K. Financial Conduct Authority (FCA) warned banks that they should provide better service to small and medium-sized enterprises (SMEs) that are struggling with debt, or they will face more severe regulatory actions. Get the Full Story Complete the form to unlock this article and...
On Friday (July 8) the California Privacy Protection Agency (CPPA) began the process to implement the Consumer Privacy Rights Act of 2020 (CPRA), which updates and enhances the California Consumer Privacy Act (CCPA). Get the Full Story Complete the form to unlock this article and...
Payday lender ACE Cash Express has been accused by the Consumer Financial Protection Bureau (CFPB) of hiding free repayment alternatives from its customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
California labor standards are beginning to apply to some 70,000 truck owner-operators, who make up the backbone of state’s transportation business, creating another bottleneck in already strained supply lines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Beset by scandals and following critical electoral defeats last month, Boris Johnson announced last week that he would be stepping down as prime minister of the United Kingdom, triggering a leadership race among the Tory party. Get the Full Story Complete the form to unlock...
Today in TechREG news, the European Central Bank published several reports warning about the potential financial systemic risks associated with stablecoins and the need to quickly implement the European Union rules on crypto assets. Meanwhile, the Financial Stability Board also warned about the rise in...
In the latest example of growing cryptocurrency oversight in the Europe, Middle East and Africa (EMEA) region, the Financial Stability Board will propose crypto regulations in October to add regulatory teeth to the sector, according to a board press release Monday (July 11). Get the...
