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10 May 2020, 8:45 am
The observation of the Australian Electronic Commerce Expert Group in its March 1998 Report to the Attorney-General is apposite:‘‘There is always the temptation, in dealing with the law as it relates to unfamiliar and new technologies, to set the standards required of a new technology higher than those which currently apply to paper and to overlook the weaknesses that we know to inhere in the familiar. [read post]
8 May 2020, 3:21 pm
Nussbaum, as signatory, declared that “he believes that to the best of his knowledge and belief, no other persons ... have the right to use the mark in commerce. [read post]
7 May 2020, 8:02 am
The package included increases for e-commerce transactions and decreases for supermarkets. [read post]
4 May 2020, 4:44 pm
Minnesota: On May 1, the Minnesota Commerce Department, issued a Commissioners Order, to all affected parties, stating, that in order to provide relief or safe harbor from legal obligations with respect to licensees or other persons regulated by the Department of Commerce, or to ensure continuity of department operations and processes, the Commissioner has delayed, stayed, or waived the deadlines and requirements set forth in Regulatory Guidance 20-25 and 20-26 (Deadline… [read post]
4 May 2020, 9:33 am
Wednesday, May 6, 2020, at 2:30 p.m.: The Senate Commerce, Science and Transportation Committee will hold a hearing on the impact of COVID-19 on the aviation industry. [read post]
1 May 2020, 7:00 am
(In actuality broad legislative latitude was assumed and relied upon by Congress stretching back far further, at least until 1887, when the Interstate Commerce Commission was created, or to George Washington’s first term, when the first National Bank of the United States was enacted.) [read post]
1 May 2020, 5:15 am
Pirates sell on Amazon for the same reason that Willie Sutton robbed banks–because that’s where the money is. [read post]
1 May 2020, 2:11 am
KEY POINTS FOR TRADERS Banking licence required if a drawing occurs in France. [read post]
30 Apr 2020, 8:48 am
According to the report, the Group is noted for its work with banks and non-banks on the full range of consumer finance regulatory matters, including credit cards, mortgage, and auto finance issues. [read post]
30 Apr 2020, 7:44 am
The fees, commonly known as swipe fees, are bank-to-bank charges paid from a merchant’s lender to a card-issuing bank when a purchase is processed. [read post]
30 Apr 2020, 6:00 am
The letter calls on the U.S. to expand the scope of humanitarian exemptions under U.S. sanctions to directly include devices and equipment necessary to effectively combat COVID-19, and to reach out to non-American banks to reassure them that they will remain in compliance with OFAC if they facilitate humanitarian assistance to Iran. [read post]
27 Apr 2020, 4:55 pm
Minnesota: On April 27, the Commissioner of Commerce issued a Commissioners Order providing guidance related to regulatory flexibility. [read post]
27 Apr 2020, 9:34 am
Led by CAC, the review body will consist of members from eleven government agencies (“Members”), including the National Development and Reform Commission, the Ministry of Industry and Information Technology (“MIIT”), the Ministry of Public Security, the Ministry of National Security, the Ministry of Commerce, the Ministry of Finance, the People’s Bank of China (“PBOC”), the State Administration for Market Regulation, the National… [read post]
24 Apr 2020, 3:56 pm
CLS Bank International. [read post]
24 Apr 2020, 2:15 pm
Financing banks, investors, suppliers, operators or service providers, including lawyers, can be pilloried if they contribute to negative impacts. [read post]
24 Apr 2020, 9:31 am
Consumers typically make an initial payment and sign an agreement automatically enrolling them in a 12-month (or some other period) payment plan with regular recurring charges, which are automatically debited from the consumer’s bank account. [read post]
24 Apr 2020, 9:10 am
The most recent example of this is that the Federal Reserve Bank of New York announced that it will now accept certain documents with electronic signatures in specified circumstances. [read post]
24 Apr 2020, 7:42 am
The CFAA provides for criminal and civil liability for unauthorized access or damage to a “protected computer,” which includes federal computers, bank computers and computers connected to the internet. [read post]
23 Apr 2020, 9:33 am
CLS Bank International,” outlining the effect of recent USPTO actions on patent eligibility determinations in certain technology areas most affected by the Alice decision. [read post]
23 Apr 2020, 7:54 am
Will the banks extend, repeal or modify the current fee-free arrangements? [read post]
