Legal & Regulation

Legal & Regulation
California Court Rules Amazon Liable For Product Safety
May 02, 2021

A California appeals court ruled that Amazon is a retailer responsible for the products it sells, rejecting the eCommerce giant’s claim that it’s a middleman connecting buyers and sellers, the Los Angeles Times reported. Get the Full Story Complete the form to unlock this article...

AML
Germany’s BaFin Orders Deutsche Bank To Increase AML Safeguards
May 02, 2021

Germany’s Federal Financial Supervisory Authority (BaFin), the country’s central financial regulator, has ordered Deutsche Bank to toughen its anti-money laundering (AML) controls, the agency said in an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

ANTITRUST
Apple Hit With EU Antitrust Violations Over Spotify’s App Store Complaint
April 30, 2021

The European Union hit Apple with antitrust violations stemming from Spotify’s complaints about the iPhone maker’s App Store policies, the European Commission (EC) said in a statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
Sen. Kennedy’s SPAC Bill Calls For Disclosure Transparency
April 29, 2021

Sen. John Kennedy of Louisiana has introduced a new act to help promote transparency in special purpose acquisition companies (SPACs), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
North Dakota Trade Groups File Debit Card Fee Suit Against Federal Reserve
April 29, 2021

Two retail trade groups at the state level have sued the Federal Reserve to seek a decrease in debit card swipe fees, Bloomberg reported Thursday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
Report: SEC Eyes SPAC Rules For Projections, Liability
April 27, 2021

The Securities and Exchange Commission (SEC) has begun considering restrictions on the growth of special purpose acquisition companies (SPACs), the Financial Post reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
FTC Asks Congress To Restore Fraud Victim Compensation Authority
April 27, 2021

The Federal Trade Commission (FTC) is asking Congress to restore its authority to return funds to victims of fraud and other illegal activity, according to a Tuesday (April 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

ANTITRUST
Apple To Face EU Antitrust Charge Later This Week
April 27, 2021

The European Union (EU) is set to hit Apple with an antitrust charge later this week after a two-year probe into the iPhone maker’s alleged anti-competitive behavior, the Financial Times reported on Tuesday (April 27), citing sources. Get the Full Story Complete the form to...

Legal & Regulation
Big Tech Compliance Tracker: Europe Proposes Artificial Intelligence Rules; Canada’s New Budget Includes Digital Services...
April 26, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny.  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,...