Regulation

Regulation
SoftBank Tightens Startup Regs After WeWork’s Washout
November 05, 2019

SoftBank is looking to develop stricter regulations for startups in the wake of the near collapse of WeWork. Sources have said the Japanese powerhouse is expected to reveal its new standards and restrictions on dual-class share structures this week, which will apply to future investments...

Regulation
UK Election Puts Big Tech Digital Tax On Hold
November 04, 2019

A silver lining looms for Big Tech in the chaos that is Brexit. 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, PYMNTS Today....

Regulation
Congress Wants Digital Platforms To Release Their Algorithms – Why?
November 04, 2019

U.S. lawmakers proposed new legislation last week that would require internet platforms to more or less lay bare the intellectual property that drives their business model – their algorithms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
New Laws To Require LLCs To Disclose Owners’ Names
November 04, 2019

Proposals in both chambers of Congress would limit the use of anonymous shell companies, impacting small businesses in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Regulation
Proposed Law Calls For Search Engine Transparency
October 31, 2019

Proposed bipartisan legislation wants to make sure that search engines disclose the algorithms they use to determine what content to share, as well as enable consumers to opt for unfiltered searches if desired. Get the Full Story Complete the form to unlock this article and...

Regulation
Chinese Regulators Move To Shutter P2P Lenders
October 31, 2019

Shanghai regulators are ordering more than 40 peer-to-peer (P2P) lenders to get ready to close shop, the Financial Times (FT) reported on Thursday (Oct. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
EU Antitrust Chief Could Require Big Tech To Prove User Benefits
October 30, 2019

The EU Antitrust Chief Margrethe Vestager said she is considering holding large tech companies to a higher standard of proof when it comes to competition cases, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article...

Regulation
HSBC Says China Should Loosen Regs For Global FIs
October 27, 2019

HSBC executive Peter Wong is calling for China to relax regulations so that foreign banks can have an easier time obtaining licenses and raising deposits in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Investment Banks Want Better Standards For Clearing Houses
October 24, 2019

Asset managers like BlackRock and Vanguard, along with investment banks, have banded together to ask clearing houses to create larger safety buffers and more stringent standards to help stave off potential future trading losses. Get the Full Story Complete the form to unlock this article...