Remove Laws Remove Regs Remove Rules
article thumbnail

Evolving money laundering risks for EMIs: Insights from the upcoming NRA

The Payments Association

This means that while both sectors are bound by anti-money laundering/counter-terrorist financing rules, banks typically operate under stricter governance and capital requirements, making them l 100 28385 0 28385 0 0 5713 0 --:--:-- 0:00:04 --:--:-- 5713ess attractive to criminals seeking weaker onboarding and monitoring standards.

article thumbnail

Alibaba Single’s Day 2020: Sales Records Broken, But New Chinese Regs Spoil The Party

PYMNTS

The stock fell after the Chinese government announced new antimonopoly rules that will increase the pressure on eCommerce marketplaces and payments services. According to news site TechNode, the new rules will apply physical-economy statutes to the digital-first economy. percent drop in its stock on the Hong Kong Stock Exchange.

Regs 95
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Reg A+ IPOs Lose More Investors’ Money Than They Make

PYMNTS

Rules aimed at removing hurdles for small companies to list on the stock market aren’t resulting in much gains for investors. When the JOBS Act of 2012 became law, it removed some of the IPO hurdles for companies that have less than $1 billion in sales each year.

Regs 40
article thumbnail

EU Reaches Deal On Marketplace Regs

PYMNTS

As part of the EU’s Digital Single Market push , regulators and politicians that are part of that body have, in the words of the EU, “reached a political deal on the first-ever rules aimed at creating a fair, transparent and predictable business environment for businesses and traders when using online platforms.”. Marketplace Changes.

Regs 58
article thumbnail

Proposed Bills Could Make Washington An AI Reg Leader

PYMNTS

Critics, however, contend that the involvement of both companies in the legislative process is a way to make sure that laws don’t become too burdensome. The agency would have 1,600 officials and would make regulations as well as look to see the imposed privacy rules are being followed. Washington Sen.

Regs 67
article thumbnail

Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F

FICO

Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F. Reg F isn't a hurdle to adjust to and live with. Consumer Financial Protection Bureau (CFPB) announced the final rules interpreting the Fair Debt Collections Practices Act (FDCPA) on July 30, which went into effect on November 30, 2021. Embrace it.

Regs 52
article thumbnail

Report: Helping Online Merchants Comply With The Middle East’s New Payments Regs

PYMNTS

Open banking rules have continued to evolve during the global health crisis, but the pandemic has given regulators and financial authorities new questions to tackle. One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA).

Regs 60