Legal & Regulation

Legal & Regulation
Biden Signs Executive Order on Streamlining Various Government Processes
December 13, 2021

U.S. President Joe Biden signed an executive order on Monday (Dec. 13), making it so 17 government agencies will now have to make it easier for people to apply for government-provided services, a press release from The White House notes. Get the Full Story Complete...

Legal & Regulation
Britain Wary of Foreign Takeovers By U.S. Companies 
December 13, 2021

British officials are taking a closer look at potential foreign takeovers, making it tougher for American companies to follow a longstanding route to international expansion through deep-pocketed acquisitions, The Wall Street Journal reported Sunday (Dec. 12).  Get the Full Story Complete the form to unlock...

Legal & Regulation
PATA Act Would Oblige Social Media Firms to Disclose Data to Researchers
December 10, 2021

A new bill, titled The Platform Accountability and Transparency Act (PATA), would oblige social media firms to share platform data with independent researchers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
Apple Scores Victory in Case Against Epic Games
December 08, 2021

A federal court has sided with Apple in its case against Epic Games, on Wednesday (Dec. 8) issuing a stay of an injunction that would require the company to allow external payment links in the Apple App store. Get the Full Story Complete the form...

Legal & Regulation
Australia Mulls Regulatory Roadmap for FinTech
December 08, 2021

From cryptocurrency and digital wallets to buy now pay later (BNPL) and legacy bank alternatives, Australia is undergoing the largest reform to its payments system in 25 years, Treasurer Josh Frydenberg said in an address to the Australia-Israel Chamber of Commerce in Melbourne on Wednesday...

Legal & Regulation
Australia Announces Regulatory Reform to Take Crypto ‘Out of the Shadows’
December 08, 2021

Australia is set to announce plans for far-reaching reforms of its payments system’s regulation on Wednesday (Dec. 8), including the creation of a “considered regulatory framework” for cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Regulators Look to New Tools, Tactics to Keep Pace with Innovation
December 08, 2021

In most industries, it’s been a long time since inspectors could just come into a plant with a clipboard and checklist and effectively regulate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bank Regulation
Saule Omarova, Biden’s Nominee to Regulate Big Banks, Withdraws Bid to Head OCC
December 07, 2021

After two months of hand-wringing and criticism from the financial industry and political opponents who feared President Biden’s nominee to oversee the nation’s top banks was too harsh, Saule Omarova’s bid to lead the Office of the Comptroller of the Currency (OCC) was withdrawn Tuesday...

Legal & Regulation
FinCEN Proposes Rule to Fight Illicit Finance, Boost Corporate Transparency
December 07, 2021

The Financial Crimes Enforcement Network (FinCEN) handed down a Notice of Proposed Rulemaking to “implement the beneficial ownership information reporting provisions of the Corporate Transparency Act (CTA),” according to an agency announcement Tuesday (Dec. 7). Get the Full Story Complete the form to unlock this...