Legal & Regulation

AML
AI-Powered Analytics Help FIs Sharpen AML Strategies
March 25, 2022

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Legal & Regulation
2 Charged With Conspiracy to Commit Wire Fraud, Money Laundering Over Frosties NFT Scheme
March 24, 2022

Two defendants have been charged with conspiracy to commit wire fraud and conspiracy to commit money laundering in connection to a non-fungible token (NFT) scheme, according to a Thursday (March 24) press release from the Department of Justice. Get the Full Story Complete the form...

ANTITRUST
Alphabet Wants Sanctions Request Dropped in Antitrust Case
March 24, 2022

Google parent Alphabet has urged a judge at its antitrust case to reject requests from the Justice Department that it be sanctioned over allegations of attorney-client privilege abuse, Reuters reported Thursday (March 24). Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Bank of England Hints at Stablecoin Regulation
March 24, 2022

The Bank of England (BoE) published a report on Thursday (March 24) suggesting that a new legal framework to regulate crypto assets is needed, but most notably, the report focuses on stablecoins and the need to bring them under the Bank´s remit to control any...

Legal & Regulation
Fed, Bank of England Lead Charge for Global DeFi Regulations
March 24, 2022

Decentralized finance is a growing threat to economic stability that must be reined in and regulated by international cooperation. 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
European Central Bank to Phase Out Temporary Easy Collateral Terms
March 24, 2022

The European Central Bank (ECB) plans to end easy collateral terms that commenced at the start of COVID-19 and tighten banks’ access to liquidity, the bank announced Thursday (March 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
CFPB’s Chopra: Report ‘Underscores’ Need for Fair Real Estate Appraisals
March 23, 2022

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra has said the new report from the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) “underscores the critical importance of fair and accurate appraisals in residential real estate.” Get the Full Story Complete the form...

Legal & Regulation
Boston Consulting Group Sues GameStop Alleging $30M in Unpaid Bills
March 23, 2022

The company that was hired to bring GameStop Corp. out of a slump in 2019 has filed a lawsuit to recover $30 million in unpaid debt, Bloomberg reported Tuesday (March 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
ChronoPay Founder Charged With Alleged Payment Scam in Russia
March 23, 2022

Pavel Vrublevsky, founder of Russian payment technology company ChronoPay, has been charged in Moscow with money laundering. 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...