Legislation

Legislation is law which has been promulgated by a legislature or other governing body or the process of making it. Before an item of legislation becomes law it may be known as a bill, and may be broadly referred to as "legislation", while it remains under consideration to distinguish it from other business.

Source: en.wikipedia.org

UK Banking Sector Reforms Pushed Back Six Months
UK Banking Sector Reforms Pushed Back Six Months
September 25, 2023  |  Bank Regulation

England’s central bank is putting new banking reforms on hold until the summer of 2025. As the Financial Times (FT) reported Sunday (Sept. 24), the Bank of England’s (BOE)...

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Mastercard Tells Congress Credit Card Competition Act Is Bad for Consumers, Businesses
Mastercard Tells Congress Credit Card Competition Act Is Bad for Consumers, Businesses
September 22, 2023  |  Credit Cards

Mastercard has written a letter to several members of the United States Congress, outlining its opposition to the Credit Card Competition Act.  The legislation would “remove consumer...

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CFPB Wants to Wipe Medical Bills From Credit Reports
CFPB Wants to Wipe Medical Bills From Credit Reports
September 21, 2023  |  Healthcare Financing

The Consumer Financial Protection Bureau (CFPB) has begun a rulemaking process aimed at removing medical bills from Americans’ credit reports. This move is intended to provide financial...

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UK Parliament OKs Online Safety Bill and Metaverse Protections
UK Parliament OKs Online Safety Bill and Metaverse Protections
September 20, 2023  |  Legal

The United Kingdom has passed its Online Safety Bill, and with it, new metaverse protections. The long-discussed bill concluded its final Parliamentary debate Tuesday (Sept....

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Retail CBDCs Can’t Get an ‘A’ Grade From US Lawmakers
Retail CBDCs Can’t Get an ‘A’ Grade From US Lawmakers
September 18, 2023  |  CBDC

The use of digital cash is growing. Americans currently leverage digital payments for many — if not all — of their daily purchases, using credit...

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Will Gen AI Replace Workers or Empower Them?
Will Gen AI Replace Workers or Empower Them?
September 18, 2023  |  Artificial Intelligence

The artificial intelligence (AI)-driven workplace is taking shape. But as companies look to squeeze efficiencies out of the technology from departments as diverse as marketing,...

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AI Firms Look to Placate Their Governments as US Eyes Legislation
AI Firms Look to Placate Their Governments as US Eyes Legislation
September 13, 2023  |  Artificial Intelligence

It has been a packed week in Washington for generative artificial intelligence (AI). Senate Majority Leader Chuck Schumer of New York kicked off his series...

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US Senators Admit Tech Oversight Failures, Pledge Stronger Approach With AI 
US Senators Admit Tech Oversight Failures, Pledge Stronger Approach With AI 
September 12, 2023  |  artificial intelligence

The U.S. government’s track record of keeping up with innovative technology is relatively lackluster. No new law meant to regulate the tech sector has been...

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AI Safeguards to be Focus of Congressional Hearings
AI Safeguards to be Focus of Congressional Hearings
September 08, 2023  |  Artificial Intelligence

The U.S. Congress is reportedly taking steps to address the potential risks associated with the rapid advancement of artificial intelligence (AI). Three hearings are scheduled...

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