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Understanding Regulation E compliance: What financial institutions need to know

Abrigo

Learn the ins and outs of Regulation E Even if youre not in the banking industry, you've likely heard the term Regulation E compliance (Reg E). Key topics covered in this post: Requirements for Regulation E compliance How to avoid fines and reputational harm What is Regulation E?

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6 Reasons Financial Institutions Are Embracing Risk and Regulation Tactics

Perficient

Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. Banks can better insulate themselves from economic downturns and unforeseen shocks by conducting thorough risk assessments and adhering to regulatory guidelines.

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New EU Guidelines Ask Google, Digital Platforms To Disclose Search Ranking Criteria

PYMNTS

European Union (EU) guidelines released on Monday (Dec. These guidelines set the standard for algorithmic ranking transparency and will increase fairness in the online platform economy, which drives innovation and welfare for millions of Europeans,” Margrethe Vestager , digital chief, EU, said in a European Commission statement. .

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Lawyer shares tips on handling gray areas of blockchain regulation

Payments Dive

Even with FinCEN's new guidelines on cryptocurrency, there are still many gray areas. Misiala Jr., counsel at BakerHostetler provides some clarity in a Q&A.

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UK Retail Banks Draft FinTech Alliance Guidelines

PYMNTS

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). The new guidelines, developed by the British Standards Institute (BSI), aim to address issues that interfere with FinTech firms and banks forming alliances.

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NJ Legislators Propose Tighter Data Privacy Regulations

PYMNTS

Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). The California Consumer Privacy Act went into effect in January, and the European Union’s General Data Protection Regulation ( GDPR ) went into effect in 2018.

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Hong Kong Monetary Authority Drafts Guidelines for Virtual Banks

Bank Innovation

The Hong Kong Monetary Authority has released draft guidelines for virtual banks looking to set up in the region, the South China Morning Post reported today. The authority, which will issue its final guidelines on the matter in May, is proposing that virtual banks will need to have a minimum of $38.6 million U.S., or […].