Legal & Regulation

Legal & Regulation
New UK Institute Could Spot Crypto, AI Regulation Gaps
January 14, 2022

A plan to develop a way to spot holes in United Kingdom’s regulations that failed to keep up with crypto and artificial intelligence (AI) innovations has been proposed by the technology advisor to the Lord Chief Justice, The Financial Times reported. Get the Full Story...

Legal & Regulation
UK’s Payment Regulator Prioritizes Direct Payments in Strategic Plan
January 14, 2022

The United Kingdom’s independent payment regulator has issued a plan designed to make payment services more available and competitive. In a five-year strategic plan announced Thursday (Jan. 13), the Payment Systems Regulator (PSR) said the new guidelines provide multiple ways to improve the payments sector. Get the...

Legal & Regulation
China’s Rules on Algorithms are Promising; the Devil is in the Details
January 12, 2022

China just completed its draft of new rules to regulate how companies use algorithms, which will take effect on March 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
Facebook Can’t Fence Off FTC Antitrust Suit, But It Narrows Scope
January 12, 2022

A U.S. judge granted the Federal Trade Commission (FTC) a second chance to continue with its allegations of illegal monopolization against Facebook (now Meta), after it rejected the company’s motion to dismiss the lawsuit in a new filing on Tuesday.  Get the Full Story Complete...

ANTITRUST
FTC Can Refile Antitrust Case Against Facebook, Judge Rules
January 11, 2022

The Federal Trade Commission will now have another chance to go after its illegal monopolization charges against Facebook, CNBC reported Tuesday (Jan. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
UK Financial Regulator to Review Data Markets as Competition Concerns Loom
January 11, 2022

The U.K. Financial Conduct Authority (FCA) announced on Tuesday (Jan. 11) that it will launch two market studies to investigate the competitive conditions to access wholesale data in financial markets. Following a market consultation in 2020, the feedback the FCA received from the main stakeholders...

Legal & Regulation
UK Competition Regulator to Review Brookfield’s Purchase of Scotia Gas 
January 11, 2022

The United Kingdom’s competition watchdog announced Tuesday (Jan. 11) that it will investigate the proposed merger between Brookfield Asset Management Inc. and Scotia Gas Networks Ltd. (SNG). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

ANTITRUST
 Google Faces Probe in India Over Abuse of News Aggregation Dominance
January 10, 2022

Google is under the microscope by India’s antitrust watchdog following complaints from news outlets that allege the search engine is abusing its dominance in news aggregation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
SEC Wants More Transparency From Private Companies
January 10, 2022

The Securities and Exchange Commission (SEC) is working on a plan that would force large private companies to become more transparent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...