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

BIS Finds Risks and Rewards in Insurance Industry as Big Tech Makes Digital Inroads
BIS Finds Risks and Rewards in Insurance Industry as Big Tech Makes Digital Inroads
September 06, 2023  |  Insurance

Big Tech and big data have the opportunity to remake entire industries. The Bank for International Settlements (BIS) noted in its Aug. 31 paper, “From Clicks to...

READ MORE >
EU Names Amazon and Meta Among Its 6 ‘Gatekeepers’
EU Names Amazon and Meta Among Its 6 ‘Gatekeepers’
September 06, 2023  |  Regulation

The European Commission has named six tech giants as “gatekeepers” under its Digital Markets Act. That distinction, announced Wednesday (Sept. 6), applies to Alphabet, Amazon, Apple, ByteDance, Meta and Microsoft, and gives the companies six months...

READ MORE >
US Senate’s Return May Kick AI Regulation Into High Gear
US Senate’s Return May Kick AI Regulation Into High Gear
September 05, 2023  |  artificial intelligence

Summer is over, but the generative artificial intelligence (AI) revolution continues to march on. Many of the bleeding-edge large language models (LLMs) from firms like OpenAI, Google and Anthropic  were...

READ MORE >
Battleground Shapes up in Europe: Digital Euro and Central Banks vs Private Stablecoin Issuers
Battleground Shapes up in Europe: Digital Euro and Central Banks vs Private Stablecoin Issuers
September 05, 2023  |  Cryptocurrency

In Europe, the digital currency battleground is shaping up to be one where the central banks are on one side, and private issuers are on...

READ MORE >
Apple and Microsoft Push Back Against EU’s ‘Gatekeeper’ Designation
Apple and Microsoft Push Back Against EU’s ‘Gatekeeper’ Designation
September 05, 2023  |  Regulation

Microsoft and Apple are reportedly protesting their classification as “gatekeepers” under new European tech regulations. As the Financial Times (FT) reported Monday (Sept. 4), the tech giants’ fight with the...

READ MORE >
Binance Loses Head of Product Amid String of Departures
Binance Loses Head of Product Amid String of Departures
September 04, 2023  |  Personnel

Another executive has resigned from cryptocurrency giant Binance amid ongoing regulatory pressure. Mayur Kamat, the company’s head of product, has stepped down, a spokesperson for Binance told...

READ MORE >
Chinese Tech Giants Begin Enforcing New Government App Rules
Chinese Tech Giants Begin Enforcing New Government App Rules
September 04, 2023  |  Regulation

China’s technology giants have reportedly begun enforcing new rules governing app publishers. Mobile app stores operated by companies like Tencent and Xiaomi have begun blocking app publishers from debuting new...

READ MORE >
Fed Scrutiny of Regional Banks Highlights Importance of KYB, FinTech Partnerships 
Fed Scrutiny of Regional Banks Highlights Importance of KYB, FinTech Partnerships 
September 01, 2023  |  Bank Regulation

The increased scrutiny of regional banks — and a boost in capital requirements — may drive them towards FinTech partnerships to shore up compliance and...

READ MORE >
Report: EU Regulators Expected to Veto Booking’s Acquisition of Etraveli
Report: EU Regulators Expected to Veto Booking’s Acquisition of Etraveli
September 01, 2023  |  Acquisitions

European Union (EU) regulators are reportedly poised to block Booking Holdings’ 1.63 billion euro purchase of Sweden’s Etraveli Group. The decision comes as concerns arise about the...

READ MORE >