Legislation

Legislation is law which has been promulgated by a legislature or other governing body or the process of making it. Before an item of legislation becomes law it may be known as a bill, and may be broadly referred to as "legislation", while it remains under consideration to distinguish it from other business.

Source: en.wikipedia.org

European Regulators Turn Up Heat on Late Payment Fees to Protect Small Businesses
European Regulators Turn Up Heat on Late Payment Fees to Protect Small Businesses
January 03, 2023  |  B2B Payments

European regulators are looking to clamp down on late B2B payments in 2023. In the U.K., the government announced the launch of a review into...

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Italy Imposes 26% Crypto Tax
Italy Imposes 26% Crypto Tax
December 30, 2022  |  Cryptocurrency

Italy’s new crypto tax is set to impose a 26% capital gains levy on traders. The tax on crypto traders is set to go into...

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Merchants Face Steep Prep Ahead of New Credit Card Routing Rules
Merchants Face Steep Prep Ahead of New Credit Card Routing Rules
December 22, 2022  |  Credit Cards

Deadlines loom in the United States as credit network exclusivity is set to end next year. Monica Kennedy, senior vice president and head of merchant...

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Pulse Check on Capitol Hill’s Plans for Crypto Markets Regulation
Pulse Check on Capitol Hill’s Plans for Crypto Markets Regulation
December 14, 2022  |  Cryptocurrency

With crypto markets in turmoil, regulating the volatile industry has become a priority for lawmakers. This pivot comes as the collapse of cryptocurrency exchange FTX...

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Delivery Firms Push NYC to Lift Fee Cap
Delivery Firms Push NYC to Lift Fee Cap
December 12, 2022  |  Delivery

DoorDash and Grubhub are reportedly lobbying New York City to change its delivery fee cap. The Wall Street Journal reported Monday (Dec. 12) that the...

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UK Aims to Boost International Competitiveness of Financial Services Sector 
UK Aims to Boost International Competitiveness of Financial Services Sector 
December 09, 2022  |  Bank Regulation

The British government plans to amend the law to make financial services more competitive. In a Thursday (Dec. 8) letter addressed to Bank of England...

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Crypto Firms May Have to Report EU Tax Evaders
Crypto Firms May Have to Report EU Tax Evaders
December 08, 2022  |  Cryptocurrency

The EU has proposed new tax transparency rules for crypto transactions. During a press conference on Thursday (Dec. 8), Paolo Gentiloni, the EU commissioner for...

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Intercontinental Exchange CEO Says Securities Laws Cover Crypto Trading 
Intercontinental Exchange CEO Says Securities Laws Cover Crypto Trading 
December 06, 2022  |  Cryptocurrency

Intercontinental Exchange CEO Jeffrey Sprecher reportedly said new laws are not needed for cryptocurrency trading.  “The laws already exist, and I think they’re just going...

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Italy’s Central Bank Clashes With Government Over Cash Policy
Italy’s Central Bank Clashes With Government Over Cash Policy
December 05, 2022  |  Cash

Italy’s central bank is warning the new government about the risks of a cash-heavy economy. As new Prime Minister Giorgia Meloni’s government looks to ease...

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