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

Report: British Banks Preparing New Efforts to Fight Economic Crime

Report: British Banks Preparing New Efforts to Fight Economic Crime
Report: British Banks Preparing New Efforts to Fight Economic Crime
June 22, 2023  |  Banking

British banks are reportedly testing ways to share data to prevent money laundering and terrorism financing. Six or more banks are preparing to participate in...

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Report: OpenAI Lobbied for Amendments to EU’s AI Act
Report: OpenAI Lobbied for Amendments to EU’s AI Act
June 20, 2023  |  Artificial Intelligence

OpenAI reportedly lobbied for — and got — changes to the European Union’s artificial intelligence (AI) legislation. The ChatGPT creator succeeded in its efforts to alter “significant elements”...

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FTC: Online Marketplaces Need to Police Fake Goods
FTC: Online Marketplaces Need to Police Fake Goods
June 20, 2023  |  eCommerce

The Federal Trade Commission (FTC) is reminding online marketplaces of the duty to ferret out fake merchandise. The agency issued a notice Tuesday (June 20) on the new Integrity,...

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Aggregators Oppose NYC Driver Wage Increase, but Low Pay Threatens Retention
Aggregators Oppose NYC Driver Wage Increase, but Low Pay Threatens Retention
June 13, 2023  |  Aggregators

Restaurant aggregators may be against legislation to raise drivers’ pay, but without some kind of change to their gig workers’ pay structure, they struggle to...

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Coinbase Pursues ‘Legislative Solutions’ in SEC Fight
Coinbase Pursues ‘Legislative Solutions’ in SEC Fight
June 13, 2023  |  Cryptocurrency

Coinbase is reportedly not content to let its regulatory fight simply play out in court. The cryptocurrency firm’s chief legal officer said at an investor...

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European Commissioners Say Google CEO Agrees Voluntary AI Rules Needed
European Commissioners Say Google CEO Agrees Voluntary AI Rules Needed
May 24, 2023  |  Legal & Regulation

Two European Commission officials said Google CEO Sundar Pichai agreed there’s a need for voluntary rules around artificial intelligence (AI). EC Internal Market Commissioner Thierry Breton said...

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Report: UK CBDC Will Need New Finance and Data Laws
Report: UK CBDC Will Need New Finance and Data Laws
May 22, 2023  |  CBDC

If the United Kingdom wants to launch a digital pound, it will need to update its finance and data laws. That’s according to a Monday...

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EU Reaches ‘Milestone’ to Regulating AI With OK of Rules Draft
EU Reaches ‘Milestone’ to Regulating AI With OK of Rules Draft
May 11, 2023  |  Artificial Intelligence

European lawmakers have reportedly agreed to new transparency regulations for generative AI applications like ChatGPT. The measures are part of a broader package of artificial...

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