The Office of the Comptroller of the Currency has finalized two rule changes aimed at reducing compliance burdens for community banks, eliminating an outdated reporting requirement and expanding streamlined approval pathways for certain corporate activities.
The UK’s anti-money laundering oversight regime for lawyers and accountants is stronger than it was in 2018. But according to the latest report from the Office for Professional Body Anti-Money Laundering Supervision, it is not yet where it needs to be.
The UK’s competition watchdog has turned its attention to the hotel sector, opening an investigation into whether some of the world’s largest hotel chains shared competitively sensitive information through a common data analytics platform.
Belgium’s competition watchdog has formally opened proceedings against Google over its practices in the online advertising sector, adding fresh regulatory pressure to a business model that sits at the heart of the digital economy.
The Office of the Comptroller of the Currency has taken a step toward shaping the future of dollar-backed digital assets, issuing a proposed rule to implement the Guiding and Establishing National Innovation for U.S. Stablecoins Act, better known as the GENIUS Act.
South Korea’s Financial Services Commission is preparing to dramatically expand financial incentives for whistleblowers, scrapping long-standing payout caps and tying rewards directly to the scale of illicit gains recovered in market manipulation and accounting fraud cases.
Walmart has agreed to a $100 million judgment to settle allegations that it misled gig workers about how much they would earn delivering orders through its Spark Driver platform, closing out a case brought by the Federal Trade Commission and 11 states.