Mon.Sep 19, 2022

Remove compliance-regulation
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Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F

FICO

Regulation F has articulated prohibitions on harassment or abuse, false or misleading representations and unfair practices. Here are some highlights: The 7-in-7 rule: Regulation F stipulates that there may be no more than seven calls made by a debt collector to a consumer in a span of seven days.

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DOJ Issues Report on Digital Asset Law Enforcement Seeking Expansive New Powers, and Launches New Crypto Prosecutor Network

CFPB Monitor

Issuing regulations or other changes under Section 1960 to provide that peer-to-peer platforms that purportedly do not take custody or assume control over the digital asset being exchanged are MSBs covered by Section 1960(b)(1)(B), which requires MSBs to register with FinCEN.

Report 78
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Down-ballot elected officials turn up heat on financial firms

American Banker

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CFPB plans rule next year to toughen caps on credit card late fees

American Banker

(..)

Cards 69
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Treasury asks if there are any outdated crypto-related regulations

American Banker

(..)

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Cryptocurrency analyst was paid $5 million to push ICO, SEC says

American Banker

(..)

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Turkey's Isbank suspends use of Russian Mir cards after U.S. warning

American Banker

(..)

Cards 36