Legal & Regulation

Bank Regulation
US Banks Look for Interest Earning to Rebound in ’22
January 27, 2022

A new economic forecast says U.S. banks will see more growth from the “bread and butter” business of taking deposits and lending money, Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
French Competition Authority Will Look Into Cloud Computing Services
January 27, 2022

The newly appointed leader of France’s competition regulator told the French National Assembly that the digital sector would be one of his top priorities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
EU’s Data Protection Watchdog Supports Stricter Rules for Online Ads
January 27, 2022

The European Union’s privacy overseer has lent its support for additional rules on political advertising crafted to strengthen the 27-member states’ democratic process, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Conflicting State Data Privacy Laws May Drive Up Costs for Businesses
January 27, 2022

A hodge-podge of privacy laws across the U.S. threatens to cost businesses more than $1 trillion over the next decade, with at least 20% of that burden falling on small- to medium-sized businesses, according to a report by the Information Technology and Innovation Foundation (ITIF)...

Legal & Regulation
UK Payments Regulator Seeks More Transparency in Card-Acquiring Market
January 27, 2022

The U.K. Payment Systems Regulator (PSR) published a public consultation on January 26 in which it considers applying four potential remedies in the card-acquiring market.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
Crypto Lenders Gemini, Voyager and Celsius Network Under SEC Microscope
January 26, 2022

The U.S. SEC has been scrutinizing several crypto firms because of an inquiry into companies paying interest on virtual token deposits, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

CFPB
CFPB Opens Inquiry Against ‘Junk Fees’
January 26, 2022

The Consumer Financial Protection Bureau (CFPB) launched an initiative to reduce “junk fees,” a move the agency said will save consumers billions of dollars each year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
China to Renew Money Laundering Crackdown
January 26, 2022

After stepping up enforcing regulations in recent years, China is planning to launch a nationwide crackdown on money laundering, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
Report: Underpriced IPOs Could Be an Antitrust Violation in Japan
January 26, 2022

Japan’s competition regulator is expected to warn brokerage houses that undervaluing initial public offerings (IPOs) on the stock exchange could be a violation of the nation’s antimonopoly law, sources told The Japan Times. Get the Full Story Complete the form to unlock this article and...