Legal & Regulation

Legal & Regulation
New Laws To Require LLCs To Disclose Owners’ Names
November 04, 2019

Proposals in both chambers of Congress would limit the use of anonymous shell companies, impacting small businesses in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Bank Regulation
UK Regulators Want First-Time Payments Delay To Avert Fraudsters
November 01, 2019

U.K. legislators are calling for a mandatory 24-hour waiting period on all first-time payments between bank accounts as a way to reduce fraud, Reuters reported on Friday (Nov. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Proposed Law Calls For Search Engine Transparency
October 31, 2019

Proposed bipartisan legislation wants to make sure that search engines disclose the algorithms they use to determine what content to share, as well as enable consumers to opt for unfiltered searches if desired. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Chinese Regulators Move To Shutter P2P Lenders
October 31, 2019

Shanghai regulators are ordering more than 40 peer-to-peer (P2P) lenders to get ready to close shop, the Financial Times (FT) reported on Thursday (Oct. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

ANTITRUST
Oyo, MakeMyTrip Accused Of Anti-Competitive Practices In India
October 30, 2019

Budget hotel chain Oyo and booking platform MakeMyTrip are under investigation by Indian regulators over accusations that the two companies entered into an agreement to stifle competition, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this...

Legal & Regulation
EU Antitrust Chief Could Require Big Tech To Prove User Benefits
October 30, 2019

The EU Antitrust Chief Margrethe Vestager said she is considering holding large tech companies to a higher standard of proof when it comes to competition cases, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
HSBC Says China Should Loosen Regs For Global FIs
October 27, 2019

HSBC executive Peter Wong is calling for China to relax regulations so that foreign banks can have an easier time obtaining licenses and raising deposits in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Investment Banks Want Better Standards For Clearing Houses
October 24, 2019

Asset managers like BlackRock and Vanguard, along with investment banks, have banded together to ask clearing houses to create larger safety buffers and more stringent standards to help stave off potential future trading losses. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
Court Rules Only ‘Depository Institutions’ Eligible For OCC’s Bank Charters
October 24, 2019

Lights out for the FinTech charter idea? 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 Today. By completing this form, you agree...