PYMNTS

OCTOBER 26, 2018

More legal troubles have emerged for the Office of the Comptroller of the Currency (OCC) over its plan to introduce national bank charters for FinTechs, aimed at making it easier for alternative financial services players to do business. Reports in Reuters on Thursday (Oct. The body of U.S.

Office of the Comptroller of the Currency 62

Office of the Comptroller of the Currency OCC Regs Blocks 62

PYMNTS

SEPTEMBER 12, 2016

SEBI is questioning the legality of equity crowdfunding platforms that startups use to raise funds. “Electronic platforms facilitating fundraising on digital platforms are neither authorized nor recognized under any law governing the securities market,” the note stated. In the U.S.,

Regs 74

Regs Federal Reserve Legal Regulations 74

PYMNTS

SEPTEMBER 2, 2019

The Improving Laundering Laws and Increasing Comprehensive Information Tracking of Criminal Activity in Shell Holdings (ILLICIT CASH) Act is one legislative initiative under consideration that would ban anonymous companies. The FIN testimony also recommended that legislation gets passed that bans anonymous companies.

Regs 49

Regs BSA Legal Framework Cryptocurrency 49

PYMNTS

SEPTEMBER 5, 2019

Colombian regulators have demanded that delivery app Rappi comply with electronic commerce laws, and has also launched an investigation into the app after receiving hundreds of customer complaints. In the case that charges are proved, fines of 2,000 minimum legal salaries could be imposed,” the regulator said.

Regs 46

Regs Regulations Legal Laws 46

PYMNTS

SEPTEMBER 28, 2020

The country’s Data Protection Law was announced in 2019 and officially came into effect in July 2020. The allegations were made public by Dutch consumer privacy advocacy organization The Privacy Collective , an entity that has also expressed the intention to file a corresponding legal claim in the Netherlands’ courts.

Regs 60

Regs Privacy Rules Regulations 60

PYMNTS

MAY 16, 2018

Soon, however, the payments industry will be able to tap into that market legally, thanks to a recent decision by the Supreme Court to axe a federal law that prohibited gambling on sports in most U.S. Around 20 states have already passed laws or have pending legislation around online gaming and sports wagering. Caveat Emptor.

Regs 40

Regs Legal Disputes Laws 40

PYMNTS

NOVEMBER 5, 2018

Reg Oversight on Chinese Financial Firms to Broaden? In the realm of PSD2, the National Law Review and other legal publications reported last week that the Dutch Supervisory Authority has adopted guidelines tied to the Payment Service Directive. PSD2 News, Too.

Fed 51

Fed Federal Reserve Regs Rules 51