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)

Australian Banks Refund $19 Million to Low-Income Customers
Australian Banks Refund $19 Million to Low-Income Customers
July 15, 2024  |  Bank Regulation

Banks in Australia are issuing $19 million in refunds to low-income customers. The move follows an investigation by the Australian Securities and Investment Commission, which...

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PayPal Fined $27 Million for Contract Violations in Poland
PayPal Fined $27 Million for Contract Violations in Poland
July 15, 2024  |  Regulation

A Polish regulator fined PayPal $27.3 million over allegedly “unprecedented” user agreement violations. The Office of Competition and Consumer Protection (UOKiK) said in a Monday...

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FTC Warns Franchisors About Junk Fees
FTC Warns Franchisors About Junk Fees
July 12, 2024  |  Regulation

The Federal Trade Commission (FTC) warned franchisors Friday (July 12) that non-disparagement clauses and the imposition of previously undisclosed fees are against the law. The...

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Trending: Banking Execs Warn House Financial Services Hearing of Regulatory ‘Ambiguity’
Trending: Banking Execs Warn House Financial Services Hearing of Regulatory ‘Ambiguity’
July 12, 2024  |  Bank Regulation

Prudent regulation is needed in helping to define the risks and rewards in emerging partnerships between financial institutions and banks — but current regulatory efforts...

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BaFin: Solaris SE Must Improve Controls or Face Financial Penalties
BaFin: Solaris SE Must Improve Controls or Face Financial Penalties
July 12, 2024  |  Bank Regulation

German financial regulator BaFin said Friday (July 12) that Solaris SE faces financial penalties if it doesn’t improve its controls. Solaris, which has a banking license in Germany...

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Walmart Taps Automation in Bid to Broaden Grocery Lead Over Amazon
Walmart Taps Automation in Bid to Broaden Grocery Lead Over Amazon
July 12, 2024  |  Retail

As Walmart looks to hold its own against Amazon’s growing lead in retail, the company is leaning into its food and beverage stronghold, leveraging automation...

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House Committee Votes to Aid Defense of TikTok Ban
House Committee Votes to Aid Defense of TikTok Ban
July 11, 2024  |  Politics

The U.S. House Energy and Commerce Committee reportedly voted Thursday (July 11) to give the Justice Department a transcript of a closed-door hearing about threats posed by TikTok....

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NYDFS Issues Guidance for Insurance Companies’ Use of AI
NYDFS Issues Guidance for Insurance Companies’ Use of AI
July 11, 2024  |  Insurance

Insurers’ use of artificial intelligence (AI) must not discriminate against consumers, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Thursday...

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Amazon Warned to Improve UK Grocery Supplier Relations
Amazon Warned to Improve UK Grocery Supplier Relations
July 11, 2024  |  Retail

A British regulator wants Amazon to improve its relations with grocery suppliers. The Groceries Code Adjudicator (GCA) said Thursday (July 11) that it could open an investigation if the...

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