Too big, too dominant — and anticompetitive, to boot. To that end, at a House Judiciary Committee “field” hearing in Colorado, titled “Online Platforms and Market Power: Competitors in the Digital Economy” a number of smaller tech firms called out Big Tech giants such as...
It’s a new year, and in Europe, an expansion of scrutiny and laws governing data sharing. The dawn of 2020 brought a spate of new rules governing data collection and use. And beginning earlier in the month, new laws seek to tackle “rogue traders and...
As 2020 dawns, regulators are continuing to focus on taxes and possible anti-competitive behavior on the part of tech’s marquee names. Russian regulators are seemingly taking aim at larger U.S. tech firms, placing laws on the books that would restrict content offered by those companies....
Facebook’s planned cryptocurrency Libra may see increased regulatory oversight, at least if new legislation introduced in the U.S. Congress comes to pass. As reported by The Hill, Reps. Sylvia Garcia, Democrat of Texas, and Lance Gooden, Republican of Texas, introduced a bill that would put...
July 31, 2017
Not all financial services regulation is occurring across the pond, though Brexit and other countries grabbed their share of headlines this past week for our Regulatory Tracker. In the United States, President Trump’s nominee for the Fed’s supervision efforts said it is time to mull rolling back some of the regulations in place since the financial crisis.
June 12, 2017
Big picture thinking dominated news surrounding financial services and payments regulations this past week. In the U.K., a contentious election brought “hard” and “soft” Brexit into question, while Dodd-Frank got a...
June 05, 2017
PSD2 and fund flows across the EU, and in China, tightening bank lending top the list for our inaugural regulatory tracker. To paraphrase an old tune, the payments, they are...
April 30, 2018
Initial coin offerings, or ICOs, have been on the receiving end of much criticism and a growing amount of regulatory scrutiny. Now the trend may be broadening in the United States, where the U.S. Securities and Exchange Commission (SEC) is seeking what it has called a “balanced approach” in that arena. Pushing back on that […]
September 18, 2017
Countries are monitoring cryptocurrencies as a means of cutting down on money laundering incidents. Think the furor over cryptocurrencies will abate? Think again. In the wake of the continued controversy...