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13 Aug 2021, 8:15 am by Kristian Soltes
Treasury, Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC). [read post]
11 Aug 2021, 12:52 pm by Alvaro Marañon, Benjamin Wittes
As long as ransomware payments are generally permitted, the pressure in corporate boardrooms to pay the tax will be inexorable and companies will continue to feed the beast. [read post]
30 Jul 2021, 7:58 am by Kristian Soltes
It also said in a written response [attached] to the Parliamentary Joint committee on Corporations and Financial Services, that Apple Pay “is available to all banks in Australia on fair and non-discriminatory terms. [read post]
29 Jul 2021, 7:32 am by Abby Lemert, Eleanor Runde
On July 19, the United States, joined by the European Union, NATO, the other “Five Eyes” member nations (Britain, Canada, Australia and New Zealand), and Japan condemned the hacking of Microsoft Exchange email server software, which became public in March and is believed to be the work of hackers tied to the Chinese Ministry of State Security (MSS). [read post]
28 Jul 2021, 4:42 pm by Bona Law PC
The Order aims to reduce the trend of corporate consolidation, drive down prices for consumers, increase wages for workers and facilitate innovation. [read post]
.: The Senate Commerce, Science and Transportation Committee will hold a hearing on protecting critical infrastructure. [read post]
23 Jul 2021, 8:38 am by Kristian Soltes
The parliamentary joint committee on corporations and financial services will conduct hearings on Monday and Tuesday next week to examine the surging use of mobile phones to make payments. [read post]
.: The House Energy and Commerce Subcommittee on Oversight and Investigations will hold a hearing on the growing threat of ransomware. [read post]
15 Jul 2021, 11:21 am by Abby Lemert, Eleanor Runde
A series of measures targeting Ant—including a mandated transformation into a financial holding company, subjecting the corporation to more stringent regulation—have followed. [read post]
13 Jul 2021, 5:30 am by Sherron Watkins
The company went bankrupt without ever reporting a losing quarter and the company’s financial statements only hinted at something squirrelly. [read post]
7 Jul 2021, 11:54 am by Eugene Volokh
Everything Justice Stevens said about business corporations generally in Citizens United also applies to newspaper corporations. [read post]
6 Jul 2021, 5:01 am by Eugene Volokh
Michigan Chamber of Commerce and of the four dissenters in Citizens United v. [read post]
22 Jun 2021, 11:08 am by Jon L. Gelman
He suggested that lower courts looking at contractual restrictions by the NCAA of student-athletes should consider the need to compensate the players for their athletic skills that ultimately financially benefit the colleges in the NCAA. [read post]
16 Jun 2021, 7:24 pm
The contrast between the 1st Pillar (the state duty to protect human rights) and the 2nd Pillar (the corporate duty to respect human rights) is the difference between 20th and 21st century sensibilities. [read post]
11 Jun 2021, 9:20 am by Kristian Soltes
The Cupertino-headquartered tech titan has recommended that no changes should be made to the existing financial services regulatory regime in a written submission to the Parliamentary Joint Committee on Corporations and Financial Services. [read post]
11 Jun 2021, 8:31 am by Abby Lemert, Eleanor Runde
Financial statements from 2020 show that Huawei’s worldwide sales of mobile phones dropped by 42 percent in the year following the U.S. ban. [read post]
9 Jun 2021, 8:28 am
 The USICA "is comprised of bills reported out of the committees on Commerce, Science, and Transportation; Foreign Relations; Homeland Security and Governmental Affairs; Banking, Housing, and Urban Affairs; Health, Education, Labor, and Pensions; and the Judiciary. [read post]
7 Jun 2021, 9:29 am by William Ford, Christiana Wayne
.: The Senate Appropriations Subcommittee on Commerce, Justice, Science and Related Agencies will hold a hearing on the president's fiscal 2022 budget request for the Justice Department. [read post]
27 May 2021, 9:15 am by Kristian Soltes
The Parliamentary Joint Committee on Corporations and Financial Services recently opened an inquiry into mobile payment and digital wallet financial services, with particular reference to the nature of commercial relationships and business models, including any imbalance in bargaining power operating between providers of mobile payment digital wallet services and financial services, merchants and vendors, and consumers. . . . [read post]