Legal & Regulation

Legal & Regulation
European Commission Expected to Accept Apple’s Changes to App Store
July 22, 2025

The European Commission is reportedly likely to accept Apple’s changes to its App Store rules and fees, eliminating the threat of daily fines from the antitrust regulator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
Treasury Announces 2-Year Delay of AML/CFT Rule for Investment Advisers
July 21, 2025

The Treasury Department plans to delay for two years the implementation of a new anti-money laundering rule focused on investment advisers while one of its bureaus, the Financial Crimes Enforcement Network (FinCEN), revisits the scope of the rule. Get the Full Story Complete the form...

Legal & Regulation
Circle, FT Partners Locked in Legal Fight Over Advisory Fees
July 21, 2025

A dispute between stablecoin issuer Circle and financial advisory firm Financial Technology Partners (FT Partners) reportedly spilled into the courts, with the companies engaged in a lawsuit over millions of dollars in advisory fees. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
Treasury Secretary Wants to Review ‘Entire Federal Reserve’
July 21, 2025

America’s treasury secretary says the entire Federal Reserve needs to be examined. 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...

Legal & Regulation
Clothing-as-a-Service Founder Accused of $300 Million Fraud
July 20, 2025

Federal authorities have accused the former head of clothing tech company CaaStle of defrauding investors. 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,...

AML
Barclays Slapped With $56 Million Fine for Anti-Money Laundering Failures
July 16, 2025

The United Kingdom’s Financial Conduct Authority fined Barclays 42 million pounds (about $56 million) for financial crime control lapses. 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...

Bank Regulation
Departing OCC Head Touts Digital Assets Efforts
July 15, 2025

Outgoing OCC head Rodney Hood says his tenure was marked by expanding digital assets efforts and embracing bank-FinTech collaborations. 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...

Bank Regulation
Financial Stability Board Warns on Nonbank Leverage Risks
July 14, 2025

For banks doing business in the private credit market, and in working with nonbank firms, the leverage used by those intermediaries poses risks to stability on the international stage. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
CFPB and FirstCash Settle Lawsuit Involving Military Lending Act
July 11, 2025

The Consumer Financial Protection Bureau (CFPB) and retail pawn store operator FirstCash said Friday (July 11) that they reached a settlement on FirstCash’s alleged violations of the Military Lending Act (MLA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...