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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report. Larry Hogan vetoed the levy.

Maryland 151
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Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases. Why real estate?

El Paso 195
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Turo Sets Its Sights Overseas With Expansion Into The U.K.

PYMNTS

is the company’s most searched destination when it comes to traveling outside of North America, thus the expansion into the market. could face regulation similar to that of traditional car rental companies. According to reports citing Turo Chief Executive Andre Haddad, the U.K. The average trip on the site earns an owner $170.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.

FDIC 78
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What ‘Patchwork’ eCommerce Taxes Mean For Black Friday – And Beyond

PYMNTS

And in the wake of all those sales lies a pressing issue for merchants plying their trades online: figuring out the tax liabilities. After all, commerce is increasingly done across state lines, and remote sellers have the lure of selling into new and far-flung markets. States have been defining their parameters for economic nexuses.

Taxes 134
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Disrupting The Car: How Shared Cars, Bikes, & Scooters Are Reshaping Transportation And Cannibalizing Car Ownership

CB Insights

Perhaps more importantly , because kick scooters have yet to be formally regulated, city governments are enacting more stringent regulation to curtail the rapid deployment of dockless scooters. San Francisco was one of the first cities to tackle scooter regulation. Mid-length transport.

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SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations. market for legal weed. SAFE Banking Act. Cash Dangers. Fear of Punishment. It’s a regulatory quagmire,” Deckard said.

Oregon 230