Regulators

Egyptian Antitrust Reg Conditionally Approves Uber’s Careem Buy

Egyptian Antitrust Reg Conditionally Approves Uber’s Careem Buy
Egyptian Antitrust Reg Conditionally Approves Uber’s Careem Buy
December 29, 2019  |  Partnerships

Careem, an Egyptian domestic rival to U.S.-based Uber, is set to be acquired by their global competition giant. Get the Full Story Complete the form...

READ MORE >
China To Widen Scope Of Blockchain Cross-Border Platform
China To Widen Scope Of Blockchain Cross-Border Platform
December 26, 2019  |  Blockchain

China is in the midst of planning to build out its blockchain cross-border pilot platform, according to Lu Lei, the deputy head of the State...

READ MORE >
Top News In Payments: Goldman To Launch Robo Advisor; Regulators Want Monitoring Of Big Tech Data Use
Top News In Payments: Goldman To Launch Robo Advisor; Regulators Want Monitoring Of Big Tech...
December 09, 2019  |  News

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans...

READ MORE >
UK Regulators Call For Backup Plans Following Bank IT Glitches
UK Regulators Call For Backup Plans Following Bank IT Glitches
December 05, 2019  |  Bank Regulation

U.K. regulators on Thursday (Dec. 5) called on banks and payment firms to set “impact tolerances” for important services after numerous IT failures last year,...

READ MORE >
Regulators Support Alternatives To Assess Creditworthiness
Regulators Support Alternatives To Assess Creditworthiness
December 04, 2019  |  Legal & Regulation

Federal banking regulators support using alternative methods to assess creditworthiness to help high-risk people get loans, The Wall Street Journal (WSJ) reported on Tuesday (Dec....

READ MORE >
Regulators Detail Banking Rules For Hemp Firms
Regulators Detail Banking Rules For Hemp Firms
December 03, 2019  |  Bank Regulation

Four federal agencies, in conjunction with state bank regulators, clarified the legal status of hemp-related businesses and the applicable edicts under the Bank Secrecy Act...

READ MORE >
SEC Probes WeWork For Potential IPO Violations
SEC Probes WeWork For Potential IPO Violations
November 15, 2019  |  Investments

The U.S. Securities and Exchange Commission (SEC) is reportedly looking into WeWork to determine whether the embattled company violated financial rules while it was gearing...

READ MORE >
Chinese Regulators Move To Shutter P2P Lenders
Chinese Regulators Move To Shutter P2P Lenders
October 31, 2019  |  Legal & Regulation

Shanghai regulators are ordering more than 40 peer-to-peer (P2P) lenders to get ready to close shop, the Financial Times (FT) reported on Thursday (Oct. 31)....

READ MORE >