Regulation

Regulation
Regulators Propose Policies for Managers of Open-Ended Funds
December 20, 2023

Two global financial regulators published policies designed to strengthen liquidity management by managers of open-ended funds (OEFs). 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...

Regulation
CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
December 18, 2023

Regulators must use their legal authorities to guard against risks posed by the growing role of large technology firms in the financial system, Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), said Monday (Dec. 18). Get the Full Story Complete the form to unlock this article...

Regulation
Lawmakers Say EU Regulations Unfairly Target US Tech Companies
December 18, 2023

A bipartisan group of U.S. lawmakers reportedly wrote a letter to President Joe Biden expressing concerns that the European Union’s digital regulations unfairly target American technology companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
China Gets Tough on Non-Bank Payment Providers
December 17, 2023

China has published new measures designed to place greater oversight on non-banking payment companies. 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...

Regulation
Neobanks May Face Squeeze in Europe If X-Border Fee Caps Materialize
December 13, 2023

Beyond the card networks, among those that may feel the squeeze should cross-border interchange fees see new caps in the United Kingdom are neobanks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
British Payment Regulator Calls for Cross-Border Card Fee Cap
December 13, 2023

Visa and Mastercard are under pressure to cap cross-border merchant fees in the U.K. 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. By completing...

Regulation
NYDFS Superintendent Harris Hails Court Approval of Check Cashing Regulation
December 07, 2023

New York Department of Financial Services (NYDFS) Superintendent Adrienne A. Harris has hailed a Thursday (Dec. 7) court decision that upholds the state’s new check cashing regulation announced in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
UK Could Regulate Tech Giants Under Financial Umbrella
December 07, 2023

Could tech giants like Google and Amazon fall under the purview of British financial regulators? 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
SEC Chair Gensler Cautions Companies Against Inflating Their AI Claims
December 06, 2023

One of America’s top financial watchdogs is warning companies not to make false artificial intelligence claims. 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...