Legal & Regulation

Legal & Regulation
EU Regulators Want Single Data Market In Europe
February 03, 2020

In Europe, another regulatory salvo may be aimed at U.S. tech firms’ dominance across online platforms, and the collection and use of data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
APIs May Be The Key To Singapore’s Open Banking Future
February 03, 2020

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Bank Regulation
Danske’s Money Laundering Fine Could Be Lower Than Expected In US
January 31, 2020

A fine for embattled banking institution Danske Bank could be much lower lower than expected in the U.S. because the institution does not have a banking license in the country, according to a report by Reuters. Get the Full Story Complete the form to unlock...

Legal & Regulation
Monetary Authority Of Singapore: What It Will Take To Win Digital Banking Licenses
January 31, 2020

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CFPB
CFPB Sues Citizens Bank For Violating Truth In Lending Act
January 31, 2020

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit on Thursday (Jan. 30) against Citizens Bank over alleged violations of the Truth In Lending Act (TILA). It filed the complaint in the U.S. District Court for the District of Rhode Island. Get the Full Story...

Legal & Regulation
UK Watchdog Accuses StubHub Of Misleading Customers
January 29, 2020

Ticket reselling company StubHub is being investigated by the U.K.’s Competition and Markets Authority (CMA), which said the site was misleading consumers, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
AML/KYC Compliance Just Got Harder
January 28, 2020

The European Union’s Fifth Anti-Money Laundering Directive (5AMLD) went into force on Jan. 10, with new regulations for cryptocurrencies, wallets and exchanges. Some operators said no way, moving to countries with more relaxed rules, or simply shuttering. Best leave now if know-your-customer (KYC) due diligence...

ANTITRUST
Antitrust Regulators Investigate Proposed Dairy Megamerger
January 27, 2020

Regulators are looking into a possible merger between Dean Foods and Dairy Farmers of America (DFA) and its potential antitrust implications for the industry, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Big Tech Firms Call For Industry Regulations
January 27, 2020

Big Tech companies like Apple and Facebook have lately had a contentious relationship with regulators and lawmakers over issues like privacy, use of personal data and perceived bias. At times, the firms have pushed back against the idea that they need to be regulated. Get...