Regulation

Regulation
FDIC Extends Comment Period for Proposed Custodial Account Recordkeeping Rule
November 18, 2024

The Federal Deposit Insurance Corp. (FDIC) has extended the public comment period for its proposed rule on recordkeeping for banks’ custodial accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
Making Sense of FinCEN’s Jan. 1 Business Ownership Reporting Requirements
November 15, 2024

There’s an upcoming deadline for companies in the United States. 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...

Regulation
Report: FTC to Investigate Allegedly Anti-Competitive Practices at Microsoft
November 14, 2024

The Federal Trade Commission (FTC) is reportedly set to investigate allegedly anti-competitive practices at Microsoft’s cloud computing business. 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...

Regulation
Booking.com Gets ‘Gatekeeper’ Status Under Digital Markets Act
November 14, 2024

European regulators say Booking.com must comply with the Digital Markets Act (DMA). 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...

Regulation
Report: CFPB Wants Google Under Federal Supervision for Financial Product Oversight
November 14, 2024

The Consumer Financial Protection Bureau reportedly aims to place Google under formal federal supervision. 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...

Regulation
Regulators: Financial Crime Enforcement Will Remain Priority Under Trump
November 14, 2024

Banking regulators say a change in presidential administrations won’t change their approach to financial crime. 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,...

Regulation
FCA Gives Auto Lenders More Time to Manage Customer Complaints
November 13, 2024

The U.K.’s financial watchdog is giving auto financing companies more time to deal with customer complaints. 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...

Regulation
Big Tech in Spotlight as UK Scrutinizes ‘Critical Third Parties’
November 12, 2024

Financial regulators in the United Kingdom issued long-expected rules governing “critical third parties.” 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....

Regulation
H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
November 12, 2024

H&R Block will pay $7 million and change some of its practices under a proposed settlement that would resolve a Federal Trade Commission (FTC) lawsuit alleging that the company made deceptive claims about “free” tax filing. Get the Full Story Complete the form to unlock this article...