legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Credit Suisse Woes Reveal Gaps in Banks’ AML Defenses

Credit Suisse Woes Reveal Gaps in Banks’ AML Defenses
Credit Suisse Woes Reveal Gaps in Banks’ AML Defenses
February 17, 2022  |  AML

A recent spate of high-profile money laundering cases involving big banks in Europe has shone a spotlight on just how thieves are making off with...

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Canada Sanctions 34 Crypto Wallets, Investigates ‘Freedom Convoy’ Donations
Canada Sanctions 34 Crypto Wallets, Investigates ‘Freedom Convoy’ Donations
February 16, 2022  |  Cryptocurrency

The Ontario Provincial Police and Royal Canadian Mounted Police have ordered companies to stop doing transactions from 34 crypto wallets, which they’ve tied to the...

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Advisor: California Should Pause and Consider Its Use of ID.me
Advisor: California Should Pause and Consider Its Use of ID.me
February 16, 2022  |  Digital Identity

California should pause and carefully consider its contract with identity-verification firm ID.me in the wake of privacy concerns about the company’s software, a non-partisan state...

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Bipartisan Legislation Would Update Health Data Privacy Laws
Bipartisan Legislation Would Update Health Data Privacy Laws
February 16, 2022  |  Legal & Regulation

It’s been more than two decades since the nation’s healthcare data privacy law was enacted, and two United States senators say it’s time to revise...

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US Draft Bill on Stablecoins Offers Safe Harbor for Issuers
US Draft Bill on Stablecoins Offers Safe Harbor for Issuers
February 16, 2022  |  Cryptocurrency

Congressman Josh Gottheimer released on Tuesday, Feb. 15 a draft of the Stablecoin Innovation and Protection Act of 2022, a piece of legislation that aims...

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SEC Charges Firms for Missing Regulatory Deadlines
SEC Charges Firms for Missing Regulatory Deadlines
February 15, 2022  |  Legal & Regulation

The Securities and Exchange Commission has charged 12 financial advisors and firms for failing to meet regulatory deadlines, the commission said Tuesday (Feb. 15). Get...

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Crypto Caught in Crossfire as Canada’s PM Trudeau Invokes Emergencies Act
Crypto Caught in Crossfire as Canada’s PM Trudeau Invokes Emergencies Act
February 15, 2022  |  Cryptocurrency

Cryptocurrency transactions became a surprising casualty of Canada’s Emergencies Act, invoked for the first time in Canada’s history by the country’s Prime Minister Justin Trudeau...

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Full Steam Ahead for Massachusetts Data Privacy Bill
Full Steam Ahead for Massachusetts Data Privacy Bill
February 15, 2022  |  Legal & Regulation

Massachusetts residents are closer to having their privacy protected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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