Legal & Regulation

Legal & Regulation
UK’s Digital Strategy Is to Be the Anti-EU Regulator
June 16, 2022

The U.K. government has used the London Tech Week that is taking place this week as the platform to unveil a series of proposals that aim to make the U.K. a global tech superpower. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
Qualcomm Wins Appeal of EU $1B Antitrust Fine for Apple Payments
June 15, 2022

Qualcomm has won its appeal of a €997 million (about $1.04 billion) fine from European Union regulators over payments made to Apple to use Qualcomm chips after Europe’s General Court ruled in its favor regarding the 2018 penalty, according to The Verge Wednesday (June 15)....

AML
US, UK Encourage Privacy-Enhancing Innovation to Combat Money Laundering
June 15, 2022

The U.S. and U.K. governments announced on Monday (June 13) a new joint initiative to encourage the development of privacy-enhancing technology (PET) that could be used in the fight against money laundering.  Get the Full Story Complete the form to unlock this article and enjoy...

CFPB
CFPB Seeks Public Comment on Big Bank Customer Service
June 14, 2022

The federal Consumer Financial Protection Bureau is asking the public to suggest ways customers can successfully demand “better customer service” from big banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
OCC Seeks Data on Crypto Assets and Identity Theft 
June 14, 2022

The Office of the Comptroller of the Currency (OCC) published last week, on June 7 and 8, two notices seeking comments about the agency’s plans to collect more information from banks and other institutions on crypto assets and identity theft red flags. Get the Full...

Bank Regulation
Reserve Trust Raises Questions About Fed’s Guidelines on Master Account Access
June 14, 2022

The Federal Reserve Board published in March an updated proposal for its guidelines to evaluate requests for accounts and services at Federal Reserve Banks. The new proposal, which added a new chapter to the original guidelines published in May 2021, creates a tiered system based...

ANTITRUST
Apple App Tracking Rules Draw German Antitrust Scrutiny
June 14, 2022

Germany’s Federal Cartel Office is investigating whether Apple’s third-party app tracking rules give the tech behemoth preferential treatment or undermine competition, according to a Financial Times report Tuesday (June 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Today in TechREG: Facebook, Twitter, Google May Need to Disclose How They Tackle Disinformation; US...
June 14, 2022

Today in TechREG, it was revealed that Big Tech firms signing up for a European Union disinformation code will have to share data with regulators about how they tackle fake news, deepfakes and fake accounts on their platforms. The code could be published Thursday (June...

ANTITRUST
Google Offers Rivals YouTube Ad Space Amid EU Probe
June 13, 2022

Google has offered to allow rival ad intermediaries place advertisements on YouTube as a way of potentially ending a European antitrust investigation, according to a Monday (June 13) Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...