Regulation

Regulation
Motus On Mapping Mileage Reimbursement
December 18, 2018

Tax season looms. Firms would do well to examine the latest standard mileage rates published by the IRS — and more. Motus’ Chief Legal Officer steers PYMNTS to the questions that must be asked and answered along a journey toward compliance (and corporate strategies) tied to...

Regulation
EBA To Banks: Prepare For Brexit
December 17, 2018

The European Banking Authority (EBA) told European banks on Monday (Dec. 17) to prepare for Brexit and the possible sudden withdrawal of Britain from the European Union, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and...

Regulation
France Anxious To Tax Apple, Google, Other Tech Giants
December 17, 2018

Bruno Le Maire, France’s economy minister, announced today (Dec. 17) that he wants France to start taxing big tech giants beginning Jan. 1, 2019, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
UBS Fined $14.5M For Violating Bank Secrecy Act
December 17, 2018

The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, has assessed a $14.5 million fine against UBS Financial Services (UBSFS) for willful violation of the Bank Secrecy Act, according to a treasury report. Get the Full Story Complete the...

Regulation
UK Reg Tackles Authorized Push Payment Fraud
December 14, 2018

In an effort to help authorized push payment (APP) fraud victims, The U.K.’s Financial Conduct Authority (FCA) unveiled new rules on Friday (Dec. 14). As a result, additional banks or payment services providers (PSPs) may have to compensate victims of those kinds of scams, Financial...

Regulation
New BCFP Director: Privacy, Data Security Are Priorities
December 12, 2018

Kathy Kraninger, the new head of the Consumer Financial Protection Bureau (CFPB), has said that she’ll prioritize the protection of consumers over regulatory issues, according to a report by the Chicago Tribune. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
Amid GDPR Probe, Mobike To Sell Europe Branch
December 12, 2018

Chinese bike-sharing company Mobike might be looking to spin off its European arm after it was revealed that it’s being investigated for possible breach of the European Union’s (EU’s) General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
Facebook, Google May See Increased Regulation In Australia
December 11, 2018

The Australian Competition and Consumer Commission (ACCC) earlier this week published a series of recommendations to push back against the influence U.S. tech giants are having on society in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
China’s Mobike Investigated Over GDPR
December 10, 2018

Chinese bike-sharing company Mobike is being investigated by German regulators for potentially being in breach of the EU’s General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...