Legal & Regulation

Legal & Regulation
Facebook Loses Privacy Battle In Ireland
May 14, 2021

Facebook has lost a legal privacy battle in Ireland that could force the mammoth social media company to cease transferring data to the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
UK Financial Watchdog Wants More Protection For Retail Financial Investors
May 14, 2021

Great Britain’s Financial Conduct Authority (FCA) has instituted a new consumer duty designed to give consumers greater protection when dealing with retail financial market firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
US Senators Want Regulators To Crack Down On Travel Scams
May 13, 2021

With pandemic scams on the rise, two U.S. senators are calling on the Federal Trade Commission (FTC) to increase the agency’s efforts to protect consumers from travel fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Tech Critic Lina Khan’s FTC Nomination Will Move To Full Senate Vote
May 12, 2021

Lina Khan, a law professor and outspoken critic of big tech companies’ market power, appears headed to a seat on the Federal Trade Commission following bipartisan endorsement Wednesday from the U.S. Senate Commerce, Science and Transportation Committee. Get the Full Story Complete the form to...

AML
BaFin Appoints Supervisor To Monitor N26’s AML Controls
May 12, 2021

Germany’s main financial regulator, the Federal Financial Supervisory Authority (BaFin), has ordered German neobank N26 to increase its anti-money laundering (AML) efforts, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Big Tech Compliance Tracker: Europe Provides ‘Statement Of Objections’ To Apple Over App Store Rules;...
May 10, 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,...

Legal & Regulation
Yellen Picks Michael Hsu As First Deputy Comptroller Of OCC
May 09, 2021

U.S. Treasury Secretary Janet L. Yellen plans to name Michael J. Hsu the first deputy comptroller of the Office of the Comptroller of the Currency, her office announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
SEC To Examine Retail Brokerage Apps, Payment For Order Flows
May 07, 2021

The federal Securities and Exchange Commission (SEC) is investigating how retail broker apps encourage stock trading and earn money when those trades are executed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Sony Could Face Class-Action Lawsuit Over PlayStation Game Exclusivity
May 06, 2021

A proposed class-action lawsuit brought by gamers alleges that Sony behaved in an anti-competitive manner by denying digital download codes of PlayStation games by third-party vendors like Amazon and Walmart, Bloomberg reported on Thursday (May 6). Get the Full Story Complete the form to unlock...