RegFi Episode 4: Consumer Reports Evaluates Fintech to Empower Consumers
The Compliance Challenge: Managing Legal & Regulatory Risk
Last year, we blogged that Zelle was considering possible solutions for P2P customers on the Zelle Network who were the victims of scams. In an August 30, 2023 press release, Zelle announced that it was initiating new safety...more
On June 25, 2020, the Federal Communications Commission (FCC) granted the P2P Alliance’s 2018 petition, squarely holding that “if a calling platform is not capable of originating a call or sending a text without a person...more
The FCC’s proceedings regarding the definition of the term “automatic telephone dialing system” have been pending since May of 2018 when, shortly after the D.C. Circuit’s opinion in ACA International v. FCC, the Commission...more
In sede di risposta all'Interpello n. 169 del 9 giugno 2020, l'Agenzia delle Entrate ha commentato il regime fiscale applicabile ai proventi derivanti da prestiti erogati per il tramite delle c.d. piattaforme di Peer to Peer...more
The U.S. Securities and Exchange Commission’s Strategic Hub for Innovation and Financial Technology (FinHub) has announced the launch of virtual peer-to-peer meet-ups (P2Ps)....more
The Situation: The Financial Crimes Enforcement Network ("FinCEN") released interpretive guidance concerning the application of the Bank Secrecy Act ("BSA") and the anti-money laundering ("AML") regulations to certain...more
The Indonesian FinTech Association (Aftech) recently published a code of conduct providing guidance on ethical and responsible behavior (the code) for peer-to-peer financial technology (fintech) lending platforms that are...more
Businesses may often use peer-to-peer ("P2P") telemarketing calls involving interpersonal communication to promote goods and services directly to customers. While such calls may be effective in some cases, they appear to be...more
Looking back at the major changes since his last report 5 years ago, Andy Davis concluded on Monday evening that P2P platforms have "changed the game for small businesses, investors and regulators" in the UK, as he launched...more
Insurers and insurance distributors don’t usually think of themselves as emerging companies. These industries “emerged” more than 300 years ago; and they’ve been growing and developing ever since. So why is Cooley being asked...more