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

Apple Withholds AI, Other Offerings From EU amid DMA Conflicts
Apple Withholds AI, Other Offerings From EU amid DMA Conflicts
June 21, 2024  |  Apple

Apple will reportedly withhold several new technologies from consumers in the European Union (EU). The company will block the release of Apple Intelligence, iPhone Mirroring and SharePlay Screen Sharing in...

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Banking as a Service Faces ‘Slowdown’ as FIs Wait for Regulatory Clarity
Banking as a Service Faces ‘Slowdown’ as FIs Wait for Regulatory Clarity
June 21, 2024  |  Bank Regulation

For the banking as a service (BaaS) firms, the Synapse bankruptcy, the cease-and-desist order against Evolve, and the wait for regulatory clarity are all proving...

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Reserve Bank of Australia Favors Surcharging in BNPL Sector
Reserve Bank of Australia Favors Surcharging in BNPL Sector
June 20, 2024  |  BNPL

The Reserve Bank of Australia (RBA) plans to review the issue of surcharging in the buy now, pay later (BNPL) sector. This review comes as...

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Nonbanks, Systemic Risks Highlight Need for ‘Know Your Business’ Due Diligence
Nonbanks, Systemic Risks Highlight Need for ‘Know Your Business’ Due Diligence
June 20, 2024  |  Authentication

For banks, forging partnerships with nonbanks and FinTechs has been a key way to capitalize on growth opportunities in private credit. But the increasing connectedness...

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Swiss Regulator Says HSBC Violated Money Laundering Regulations
Swiss Regulator Says HSBC Violated Money Laundering Regulations
June 18, 2024  |  AML

Swiss financial market supervisory authority FINMA has ruled that HSBC Private Bank (Suisse) SA violated money laundering regulations. This ruling followed enforcement proceedings opened by...

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FSB Tackles Stablecoin Risks in Emerging Markets
FSB Tackles Stablecoin Risks in Emerging Markets
June 17, 2024  |  Regulation

The Financial Stability Board (FSB) is taking a closer look at stablecoin use in emerging markets. The watchdog group made that announcement following a meeting of the board’s plenary...

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Apple’s App Store, Meta’s AI Assistant Face Challenges in Europe
Apple’s App Store, Meta’s AI Assistant Face Challenges in Europe
June 14, 2024  |  Regulation

Two American tech giants are reportedly facing new regulatory challenges in Europe. One case involves Apple’s App Store, while the other centers on Meta’s artificial intelligence (AI) assistant, Meta...

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VersaBank Seeks Canada’s Permission for Stearns Bank Acquisition After US Approval
VersaBank Seeks Canada’s Permission for Stearns Bank Acquisition After US Approval
June 14, 2024  |  Acquisitions

VersaBank needs only one more regulatory approval to proceed with its acquisition of Stearns Bank Holdingford. The bank received approval from the Office of the Comptroller of...

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AI Innovations Transform B2B Risk Management, Compliance Into Growth Engines
AI Innovations Transform B2B Risk Management, Compliance Into Growth Engines
June 13, 2024  |  Artificial Intelligence

As the business landscape grows more digitally connected, real-time compliance is growing more important. Citi announced Wednesday (June 12) that Emirates NBD became the first...

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