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CSBS: California A Template For States’ Role In Data Privacy Regs

PYMNTS

The Conference of State Bank Supervisors (CSBC) said last week that there should be a “floor” for data privacy and security regulations, a statement issued by the Senate Committee on Banking, Housing and Urban Affairs. He pointed to the recent enactment of the California Consumer Privacy Act of 2018 as an example.

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CFPB files lawsuit against student debt relief company, along with its owner and manager

CFPB Monitor

In its third lawsuit filed under the leadership of Acting Director Uejio, the CFPB, earlier this week, sued Student Loan Pro (SLP), a student loan debt relief company, its owner, and its manager, for alleged violations of the Telemarketing Sales Rule (TSR) and the Consumer Financial Protection Act.

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Google’s Acquisition Of Data Firm Triggers UK Watchdog Probe

PYMNTS

and Austria, and we continue to make progress with regulators in the U.K.”. “The combination of Google Cloud and Looker will enable us to further accelerate our leadership as a WordPress digital experience platform,” Heather Brunner, chairwoman and CEO of WP Engine, said in the June announcement. have joined the investigation.

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CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities

PYMNTS

The change may have been telegraphed more than a year ago in October 2018, when Mick Mulvaney, who had been serving as acting director of the agency, said that the CFPB was working on a new regulation to define those practices, as reported in The Wall Street Journal. Digital Taxes, Abroad.

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CFPB Spotlights Director’s Six-Month Mark

PYMNTS

Separately, at the state level, in California , a number of certified public accountants (CPAs) are calling for an industry watchdog to clarify the standards in place for cryptocurrency-related accounting. Regulations Abroad.

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Chinese Officials Join US Politicians In Suddenly Falling Out Of Love With Big Tech 

PYMNTS

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster.

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Pulling Back The Curtain On Corporate Finance Reports

PYMNTS

” Accounting strategies can not only boost transparency for regulators and visibility for a firm’s own leadership, but regulators say they can also promote security. Last October, the U.S. A recent report from CFO.com shed light on another factor driving accounting and financial transparency within corporate America.

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