Legal & Regulation

Legal & Regulation
New Regulations Prompt Airbnb To Yank Boston Listings
December 03, 2019

Airbnb has removed thousands of listings in Boston in response to new regulations regarding residency in the city, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

CFPB
CFPB Proposal On Remittances Offers Exemptions For Banks, CUs
December 03, 2019

In the years ahead, might there be a greater number of smaller financial institutions (FIs) offering remittance services? 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
Trump Administration Mulled Excluding Huawei From US FIs
December 03, 2019

The Trump administration thought about removing China’s Huawei from the U.S. financial network earlier this year, Reuters exclusively reported on Tuesday (Dec. 3), citing three sources.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Bank Regulation
Regulators Detail Banking Rules For Hemp Firms
December 03, 2019

Four federal agencies, in conjunction with state bank regulators, clarified the legal status of hemp-related businesses and the applicable edicts under the Bank Secrecy Act (BSA) for financial institutions (FI) offering services to those businesses, the Office of the Comptroller of the Currency (OCC) said...

Legal & Regulation
Lawmakers Eye Increased Libra Oversight
December 02, 2019

Facebook’s planned cryptocurrency Libra may see increased regulatory oversight, at least if new legislation introduced in the U.S. Congress comes to pass. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

ANTITRUST
Automakers Worry That Qualcomm Appeal Could Boost Cost Of 5G Cars
December 01, 2019

If microchip supplier Qualcomm wins its case on appeal, the cost of connected cars using 5G technology will skyrocket, automakers and suppliers said in court filings on Friday (Nov. 29), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy...

AML
SEB Says No Action Needed On Flagged Bank Accounts
November 28, 2019

SEB believes there is no need to take further action after the bank was accused of having links to suspected money laundering in Estonia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Brazil Regulator Dismisses Itau Unibanco’s Appeal In Antitrust Case
November 28, 2019

Itau Unibanco Holding, Brazil’s largest lender, lost its appeal related to an antitrust case. 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 daily newsletter, PYMNTS...

Legal & Regulation
Senators Introduce Sweeping Online Privacy Legislation
November 26, 2019

A group of key Senate Democrats on Tuesday (Nov. 26) unveiled a far-reaching online privacy bill that levies tough new punishments for tech giants that mishandle users’ personal data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...