Regulation

Regulation
BIS Wary Of Big Tech’s Market Power, Data Concentration In Finance
August 02, 2021

A new BIS paper reported that big tech’s power could be a cause for concern. 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,...

Regulation
Big Tech Compliance Tracker: EU Privacy Regulator Fines Amazon $887M; Musk Calls Apple’s App Store...
August 02, 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,...

Regulation
FTC Members Question Changes To Panel’s Powers
July 28, 2021

A house hearing Wednesday regarding the Federal Trade Commission (FTC) has seen some Republican members disagreeing with how the administration is evolving, The Financial Times (FT) wrote Wednesday (July 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Robinhood Under Probe For CEO’s FINRA Non-Registration Status
July 28, 2021

Robinhood and CEO Vlad Tenev are under investigation after it was found out Tenev isn’t licensed by Wall Street regulator the Financial Industry Regulatory Authority (FINRA), CNN reported. His lack of a license was reported over five months ago. Get the Full Story Complete the...

Regulation
UK Strengthens SPAC Investor Protections
July 27, 2021

Expect to see the pace of deals across the U.K. involving special purpose acquisition companies (SPACs) pick up significantly later this summer and beyond when new rules by the Financial Conduct Authority take hold across the region. Get the Full Story Complete the form to...

Regulation
Big Tech Compliance Tracker: FTC Aims To Restore ‘Right To Repair’; Facebook, Telegram Face Russian...
July 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,...

Regulation
Another Chinese Regulator Cracks Competition Whip At Big Tech
July 26, 2021

China is continuing its crusade to put the regulatory squeeze on Big Tech firms in the country, ordering them to reel in anti-competitive behaviors and threats to data security, among other issues, The Wall Street Journal (WSJ) reported on Monday (July 26), citing the country’s Ministry of...

Regulation
Philippines Central Bank Halts Lyka Social Media Payments
July 23, 2021

The Philippines central bank, Bangko Sentral ng Pilipinas (BSP), has mandated that the social media platform Lyka to suspend its activities as an operator of payment systems (OPOs) as area officials crack down on FinTech rules. Get the Full Story Complete the form to unlock this...

Regulation
FTC Votes To Restore Consumers’ Right To Repair
July 21, 2021

The Federal Trade Commission (FTC) voted on Wednesday (July 21) to strengthen restrictions against policies that push consumers to use licensed dealers to repair products; everything from iPhones to farm equipment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...