Legal & Regulation

Legal & Regulation
Booking.com Will Change Sales Tactics At EU’s Request
December 20, 2019

Booking.com has agreed to change the way it sells on its site, including ending time limits for offers and claiming that a room is the last one available, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...

ANTITRUST
Live Nation Settles With DOJ Over Ticketmaster Antitrust Violation
December 20, 2019

Live Nation Entertainment reached a deal with the government, resolving concerns that the company had violated a 2010 antitrust settlement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Legal & Regulation
Tencent, Other Chinese Tech Firms Called Out For Privacy Violations
December 19, 2019

A number of Chinese tech companies were ordered to clean up policies on the way their apps deal with user information or face penalties, according to an Associated Press report on Thursday (Dec. 19). Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Navigating Merchants’ Bumpy Ride To SCA Compliance In 2020
December 19, 2019

The revised Payment Services Directive (PSD2) Strong Customer Authentication (SCA) regulation rollout in the EU has been a little bit on the bumpy side so far. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
UK To Launch Big Tech Regulator Post-Brexit
December 18, 2019

The United Kingdom will create a technology regulator next year after Brexit is completed, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

AML
Swedish Regulator Investigating SEB Over AML Issues 
December 18, 2019

A Swedish regulator has opened an investigation into SEB, one of Sweden’s largest banks, over an increasingly volatile money-laundering scandal that has adversely affected the reputation of the region’s banking industry, according to a report by the Financial Times. Get the Full Story Complete the...

ANTITRUST
Google’s Acquisition Of Data Firm Triggers UK Watchdog Probe
December 18, 2019

The U.K. watchdog Competition & Markets Authority (CMA) is questioning Google’s purchase of the analytics firm Looker Data Sciences and is launching an initial investigation, the Associated Press (AP) reported on Tuesday (Dec. 17). Get the Full Story Complete the form to unlock this article...

Bank Regulation
UK Regulator Looks To Expand Open Banking Beyond Banking
December 18, 2019

In the U.K., Open Banking could be expanded soon to allow for data sharing between a much larger range of finance companies, according to the Financial Conduct Authority (FCA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Bank Regulation
BIS Looks For ‘Prudential’ Crypto Rules
December 17, 2019

The Basel Committee has said in a paper that a “prudential” regulatory framework should be constructed by stakeholders in a bid to address concerns over risks to the financial system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...