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

Australia Reclassifies BNPL as Credit While UK and US Regulators Eye Similar Actions
Australia Reclassifies BNPL as Credit While UK and US Regulators Eye Similar Actions
May 26, 2023  |  Buy Now Pay Later

From Australia, the land that invented buy now, pay later (BNPL) as we now know it, comes news this week that laws are changing to...

READ MORE >
OpenAI CEO Reverses Threat to Leave Europe Due to Regulations
OpenAI CEO Reverses Threat to Leave Europe Due to Regulations
May 26, 2023  |  artificial intelligence

OpenAI plans to continue operating in Europe, CEO Sam Altman tweeted Friday (May 26). Altman had told Reuters on Wednesday (May 24) that the ChatGPT...

READ MORE >
European Commissioners Say Google CEO Agrees Voluntary AI Rules Needed
European Commissioners Say Google CEO Agrees Voluntary AI Rules Needed
May 24, 2023  |  Regulation

Two European Commission officials said Google CEO Sundar Pichai agreed there’s a need for voluntary rules around artificial intelligence (AI). EC Internal Market Commissioner Thierry Breton said...

READ MORE >
CFPB: Citizens Bank to Pay $9 Million Fine Over Credit Card Billing Errors
CFPB: Citizens Bank to Pay $9 Million Fine Over Credit Card Billing Errors
May 23, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) and Citizens Financial Group have reached a settlement on a CFPB complaint. Citizens will pay a $9 million civil money penalty to resolve CFPB’s allegations...

READ MORE >
Global Watchdog Eyes Crypto’s Future as Hong Kong Releases Rulebook
Global Watchdog Eyes Crypto’s Future as Hong Kong Releases Rulebook
May 23, 2023  |  Cryptocurrency

Cryptocurrency, which once aimed to democratize finance, finds itself operating across an increasingly fragmented landscape. The sector’s former goals of global connectivity are now being...

READ MORE >
Generative AI Fabrications Are Already Spreading Misinformation
Generative AI Fabrications Are Already Spreading Misinformation
May 23, 2023  |  Artificial Intelligence

As buzz around generative artificial intelligence (AI) grows, critics have called for more guardrails. Observers are particularly worried about the potentially harmful effects of the landmark technology’s ability...

READ MORE >
IOSCO: Crypto Regulators Should ‘Just Push Ahead’
IOSCO: Crypto Regulators Should ‘Just Push Ahead’
May 23, 2023  |  Cryptocurrency

Global securities watchdog IOSCO has rolled out the first international blueprint for regulating cryptocurrencies. The organization’s standards, published Tuesday (May 23), deal with subjects like...

READ MORE >
A US Regulatory Agency Just for AI? It Could Happen
A US Regulatory Agency Just for AI? It Could Happen
May 22, 2023  |  artificial intelligence

Artificial intelligence (AI) technology’s dramatic surge in the private marketplace has caught lawmakers’ attention. This, as leaders of the G7 nations — the U.S., U.K.,...

READ MORE >
UAE Official: AI Needs Same Level of Oversight as Uranium
UAE Official: AI Needs Same Level of Oversight as Uranium
May 19, 2023  |  artificial intelligence

A UAE official said artificial intelligence (AI) needs the same level of oversight as weapons-grade uranium. UAE Minister of State for Artificial Intelligence, Digital Economy...

READ MORE >