Legal & Regulation

Legal & Regulation
European Parliament Agenda for 2022 Includes Regulating Online Platforms, Artificial Intelligence and Crypto Assets
January 07, 2022

Among the major issues facing the European Parliament in the new year is the region’s digital conversion. 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...

Legal & Regulation
Chinese Regulators Going After Algorithms, Big Tech’s Secret Sauce
January 07, 2022

Most companies bank on their secret sauce setting them apart from the competition and bringing about customer loyalty. For technology giants, that secret sauce comes in the form of algorithms, proprietary information that, until now, was even protected in China. Get the Full Story Complete...

Legal & Regulation
Texas SEC Probes Gunmaker, Climate Change Policies Among Lenders
January 06, 2022

The Texas office of the Securities and Exchange Commission (SEC) will be conducting a probe into lenders’ disclosures and their policies on current issues like climate change and gunmakers, Reuters reported Wednesday (Jan. 5), citing unnamed sources familiar with the matter. Get the Full Story...

Legal & Regulation
Europe Crackdown on Big Tech Continues as Facebook, Google Fined Over Cookies in France
January 06, 2022

France’s data regulator has fined Facebook, Google and YouTube for failing to make refusing cookies as easy as it is to accept them, according to a ruling issued Thursday, (Jan. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
EU Securities Regulator Sees Competitive Advantage from Blockchain in Financial Markets
January 06, 2022

The European Securities and Markets Authority launched a consultation on January 4 seeking feedback from stakeholders about the need to amend the regulatory technical standards (RTS) concerning pre- and post-trade transparency and data reporting requirements for a pilot regime based on blockchain technology. Get the...

ANTITRUST
China Fines Tencent, Alibaba For Failing to Report Deals 
January 05, 2022

China’s market regulator has fined Alibaba, Tencent Holdings and Bilibili Inc. for failing to properly report several deals.   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
Korean Regulators Grapple With Next Steps as Techs Firms Expand Into Finance
January 05, 2022

Naver and Kakao, two of the largest online service providers in South Korea, are taking steps into financial services, pushing financial institutions (FIs) to better meet FinTech needs, according to The Korea Herald. Regulators now have the task of deciding whether to write rules that...

Legal & Regulation
10 Ways Regulation Could Shake Up the Digital Economy in 2022
January 05, 2022

In 2021, regulators and policymakers around the world launched different regulatory initiatives on a wide range of topics from FinTech to crypto, privacy and artificial intelligence. In TechREG, we expect that many of these regulatory debates will transform into new laws and regulations in 2022. ...

Legal & Regulation
Theranos Guilty Verdict Shows the Dangers of Groupthink
January 04, 2022

The jury is in, literally, on Elizabeth Holmes, the one-time siren of Silicon Valley who raised close to $1 billion in capital to fund a phlebotomy and venipuncture technology startup that ended a fake. Holmes was found guilty on two counts of wire fraud and...