regulations

Regulation is an abstract concept of management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context.

Source: en.wikipedia.org

CFPB Ends Special Regulatory Treatment for Payactiv
CFPB Ends Special Regulatory Treatment for Payactiv
June 30, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has ended financial services provider Payactiv’s Sandbox Approval Order for its earned wage access products. Get the Full Story...

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Basel Committee Hands Down Crypto Guidance for Banks
Basel Committee Hands Down Crypto Guidance for Banks
June 30, 2022  |  Cryptocurrency

Banks should be more cautious when setting aside capital to cover risks from unbacked cryptocurrency assets, the Bank of International Settlements’ (BIS’) Basel Committee said...

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Today in TechREG: EU Agrees on Strong AML Rules for Crypto Transactions; CFPB Warns Debt Collectors About Fees
Today in TechREG: EU Agrees on Strong AML Rules for Crypto Transactions; CFPB Warns Debt...
June 30, 2022  |  Regulation

Today in TechREG, European Union negotiators have reached an agreement about the scope of anti-money laundering (AML) rules for cryptocurrency transactions. While most of the...

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FinTechs Choose ‘Traditional’ IPOs, Shun SPACs, Amid Muted Listings
FinTechs Choose ‘Traditional’ IPOs, Shun SPACs, Amid Muted Listings
June 30, 2022  |  IPO

Dozens of mergers scuttled. Dwindling share prices. A market that is so volatile that, frankly, it’s no surprise that special purpose acquisition companies (SPACs) have seemingly had...

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Apple Enables Third-Party Payments in South Korea in Response to New Law
Apple Enables Third-Party Payments in South Korea in Response to New Law
June 30, 2022  |  Apple

Apple is now allowing third-party payments in South Korea in response to a new law requiring major app stores to allow alternative payment methods, according...

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CFPB Warns Debt Collectors About Fees
CFPB Warns Debt Collectors About Fees
June 30, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) on Wednesday (June 29) issued an advisory opinion warning debt collectors that most “pay-to-pay” fees that they often charge...

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EU Agrees on Strong AML Checks for Crypto With an Exemption for Unhosted Wallets 
EU Agrees on Strong AML Checks for Crypto With an Exemption for Unhosted Wallets 
June 30, 2022  |  Cryptocurrency

EU policymakers agreed on new anti-money laundering (AML) rules for crypto transactions on Wednesday, June 29. The agreement contemplates that for transactions between digital wallet...

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Maxine Waters Says Regulators Should Address Wells Fargo’s ‘Anti-Consumer Behavior’
Maxine Waters Says Regulators Should Address Wells Fargo’s ‘Anti-Consumer Behavior’
June 29, 2022  |  Banking

Rep. Maxine Waters (D-Calif.), chairwoman of the House Financial Services Committee, has sent a letter to U.S. regulators over Wells Fargo’s allegedly discriminatory conduct and...

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Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo, Zelle Dodged Fraud Lawsuit
Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo,...
June 29, 2022  |  Regulation

Today in TechREG, allegations of fraud and scams against Walmart, Wells Fargo and Zelle followed very different paths. Whereas the lawsuit against the banking giant...

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