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

Small Business Owners, FinTechs Back Federal Truth in Lending Bill

Small Business Owners, FinTechs Back Federal Truth in Lending Bill
Small Business Owners, FinTechs Back Federal Truth in Lending Bill
November 23, 2021  |  Loans

In lending, many basic protections that apply to consumers, such as disclosure of the annual percentage rate, aren’t required when lending to small businesses. And...

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Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
November 22, 2021  |  Cross-border Payments

Brussels has proposed an end to almost all cross-border selling of services by banks based outside the European Union, according to a Financial Times report...

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LendingClub Backs US Truth in Lending Bill to Extend Transparency
LendingClub Backs US Truth in Lending Bill to Extend Transparency
November 19, 2021  |  Legal & Regulation

LendingClub is backing the Small Business Lending Disclosure Act, a bill introduced in the U.S. House and Senate this week that calls for extending the...

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Senators Aim to Amend Infrastructure Bill’s Crypto Rules
Senators Aim to Amend Infrastructure Bill’s Crypto Rules
November 15, 2021  |  Legal & Regulation

A pair of U.S. senators is introducing a bill that would change some of the cryptocurrency tax reporting rules included in the new $1.5 trillion...

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Bipartisan Bill in US Senate Aims to Hinder Big Tech Acquisitions
Bipartisan Bill in US Senate Aims to Hinder Big Tech Acquisitions
November 07, 2021  |  ANTITRUST

A bipartisan bill that would make it more difficult to complete Big Tech mergers has been introduced in the U.S. Senate. The office of Sen....

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Call for ‘Urgent Action’ On Stablecoin Signals Tougher Path for Private Issuers
Call for ‘Urgent Action’ On Stablecoin Signals Tougher Path for Private Issuers
November 02, 2021  |  Cryptocurrency

As with any set of policy recommendations or any white paper – there are the findings, and then there are the ripple effects and the...

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French Regulators Tout Stricter Crypto Regulations
French Regulators Tout Stricter Crypto Regulations
October 28, 2021  |  Cryptocurrency

The Financial Action Task Force (FATF), a Paris-based intergovernmental group that oversees government policy on illegal finance, is calling for more stringent cryptocurrency regulations to...

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Biden Pulls Back on IRS Bank Account Tracking Proposal
Biden Pulls Back on IRS Bank Account Tracking Proposal
October 20, 2021  |  Taxes

The controversial proposal by the Biden administration to grant the IRS the power to track bank accounts with more than $600 in annual transactions is...

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