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1 Dec 2023, 6:00 am
Appearing at an Axios event in Washington, D.C., Chopra said policymakers should be concerned that the market for AI tools has the potential to quickly become oligopolistic and allow a small group of entrenched incumbents to wield outsize economic influence. . . . [read post]
28 Nov 2023, 4:50 pm
The Roundtable focused on sustainable finance disclosures and the Retirement Income Covenant. [read post]
20 Nov 2023, 2:36 am
Northern Ireland The Department of Finance has announced a review of Defamation Law in Northern Ireland and is asking those with an interest to share their views. [read post]
17 Nov 2023, 6:00 am
Past target areas have included consumer credit reporting, consumer debt collection, student loan servicing, international money transfers, and auto financing. [read post]
17 Nov 2023, 1:52 am
A few international corporations with headquarters in Japan include: Sony Toyota SoftBank Nintendo Mitsubishi There are also many American-based companies with offices in Japan in industries like tech (Apple, Google, SAP, Amazon, Salesforce), finance (PwC, Deloitte, Goldman Sachs, EY, KPMG), and consumer packaged goods (Johnson & Johnson, Procter & Gamble, Unilever, Coca Cola, Kraft Heinz). [read post]
15 Nov 2023, 6:26 am
The Securities and Exchange Commission filed 784 total enforcement actions in fiscal year 2023, a 3 percent increase over fiscal year 2022, including 501 original, or “stand-alone,” enforcement actions, an 8 percent increase over the prior fiscal year. [read post]
14 Nov 2023, 9:01 pm
The Securities and Exchange Commission announced that it filed 784 total enforcement actions in fiscal year 2023, a 3 percent increase over fiscal year 2022, including 501 original, or “stand-alone,” enforcement actions, an 8 percent increase over the prior fiscal year. [read post]
13 Nov 2023, 9:05 pm
Assessing Potential Risks The Analytic Framework retains the eight proposed “vulnerabilities that most commonly contribute” to financial stability risks.[24]Relative to the proposal, the Analytic Framework includes additional examples of the types of “quantitative metrics” the Council may consider under certain vulnerabilities: Vulnerability Sample Metrics – Proposal Additional Metrics – Final Leverage… [read post]
10 Nov 2023, 6:00 am
[So] the whole point of open banking and finance is opening that up to the wider ecosystem. [read post]
8 Nov 2023, 7:44 am
Jordan, Esq. is the Chair of the ESQ.title | Real Estate Law’s Residential and Commercial Real Estate Closing/Title Insurance Group, with nearly two decades of experience in the business of real estate closings, finance, and development. [read post]
8 Nov 2023, 6:35 am
The company’s chief executive officer, Victor Yang, is also vice president/group general counsel for Chinese consumer electronics giant TCL Corp., according to his LinkedIn profile and a September TCL news release that quotes him. [read post]
8 Nov 2023, 6:00 am
Handling corporate functions such as entity management, board management and matter management can be complicated and time-consuming. [read post]
7 Nov 2023, 9:05 pm
To regulate artificial intelligence, or AI, it is important to look at the various, and often contradictory, settings where AI operates – and how it is treated there. [read post]
6 Nov 2023, 7:39 am
Advancing Equity and Civil Rights Section 7 focuses on three key categories where AI can impact civil rights: (1) the criminal justice system; (2) government benefits and programs; and (3) issues in the broader economy, including hiring, housing, and consumer finance. [read post]
2 Nov 2023, 9:05 pm
According to Selbst and Barocas, some companies use AI services that systematically perform worse on certain demographic groups, but that anti-discrimination laws provide an imperfect remedy to this harm. [read post]
2 Nov 2023, 5:42 pm
The bulk of this letter details our concerns about the sale of Lorex security products to American consumers. [read post]
1 Nov 2023, 1:12 pm
Alan Kaplinsky, Senior Counsel in and former Practice Group Leader of Ballard Spahr’s Consumer Financial Services Group and frequent host of the Consumer Finance Monitor Podcast (a weekly podcast episode sponsored by our Consumer Financial Services Group) was recently the special guest of Bloomberg Intelligence analysts Elliott Stein and Nathan Dean on their podcast, Votes and Verdicts. [read post]
31 Oct 2023, 2:06 pm
While CFPB’s proposal has been applauded by consumer groups, there could be unintended consequences that could impact smaller medical and dental practices and patient access to healthcare in smaller markets. [read post]
31 Oct 2023, 12:51 pm
It also focuses on upholding consumer protection laws and Americans’ privacy and civil liberties. [read post]
27 Oct 2023, 7:03 am
In practice, it has been very difficult to attribute liability for fraud to organisations, particularly large global groups. [read post]
