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Facebook, X and YouTube to Do More Against Online Hate Speech, EU Says
Meta's Facebook, Elon Musk's X, Google's YouTube and other tech companies have agreed to do more to tackle online hate speech. Compliance with the updated code could impact regulators' enforcement of the Act, EU officials said.
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Google to Update Its Crypto Ads Policy in the UK Starting January 15: All Details
Starting January 15, all cryptocurrency platforms wishing to advertise on Google must demonstrate that they hold a registration license from the UK’s Financial Conduct Authority (FCA). This measure ensures Google’s compliance with the UK’s regulations governing the marketing of cryptocurrency products.
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GST, Visa Fees, Mobile Data Charges & More: Key Changes From January 1 That Will Affect Your Finances And Planning
Key updates include stricter GST compliance measures, the launch of Thailand's global e-visa system, streamlined US visa rules, ITC Hotels' demerger, and new telecom regulations for Jio, Airtel, Vodafone, and BSNL.
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Apple Reportedly Plans to Discontinue Lightning to 3.5mm Headphone Jack Adapter
Apple, with its iPhone 15 series, made the shift from its proprietary lightning port to the USB Type-C in compliance with the regulations made mandatory by the European Union (EU). Now, it appears that the Cupertino-based technology giant is planning to discontinue its accessories which feature a lightning port, starting with the lightning to 3.5mm...
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EU to Assess if Apple's iPad Operating System Complies with Digital Markets Act
EU's move followed Apple's publication of a compliance report for its iPad OS, designated by the commission in April as an important gateway for businesses to reach their customers.
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EU AI Act Checker Reveals Big Tech's Compliance Pitfalls
Most commonly used AI models are reportedly failing to meet EU regulations in critical areas like cybersecurity resilience and non-discriminatory outputs. The EU had been considering new AI regulations long before OpenAI made ChatGPT publicly available in late 2022. Legislators established specific regulations for "general-purpose" AI systems follo...
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European Union AI Act Checker Reveals Big Tech's Compliance Pitfalls
Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity resilience and discriminatory output, according to data seen by Reuters.
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Top EU Privacy Regulator Opens Probe Into Google's AI Compliance
The EU is probing if Google adequately protected the personal data of European Union users before using it to help develop its foundational AI Model.
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Axis Bank, HDFC Bank Fined 2.91 Crore For Deficiencies In Regulatory Compliance
The RBI said a penalty of Rs 1.91 crore has been imposed on Axis Bank for contravention of certain provisions of the Banking Regulation Act, and non-compliance with certain directions.
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Brazil Telecom Regulator Moves to Block Access to Elon Musk's X After Court Order
Brazil telecommunications regulator Anatel announced on Friday that it was moving to block access to Elon Musk's X microblogging platform, in adherence to a directive from a judge after X missed a deadline to pick a legal representative for the firm in the country.
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Hong Kong SFC to Audit Compliance of Crypto Firms After Exchange Licencing Deadline
Hong Kong Securities and Futures Commission (SFC) will inspect all firms linked to the cryptocurrency sector. The platform have been informed about compliance audits in the coming weeks. Hong Kong authorities had imposed a deadline up to June 1 for existing crypto firms to get their licencing and other documentation work in order.
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Brazil’s CBDC Pilot Reportedly Delayed to 2025 Due to Lack of Privacy Safeguards: Details
Brazil has reportedly postponed the pilot of its Drex CDBC to 2025 as the central bank feels, blockchain privacy solutions are insufficient. The regulator is looking to prevent financial inconvenience to Brazilian nationals. The CBDC is expected to finetune the country’s financial compliance, banking, and tax secrecy regulations.
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Pune Plans To Webcast Pubs Entry-Exit Points To Ensure Rules Are Followed
The Pune district administration is mulling the idea of webcasting of entry and exit points of pubs and bars in the city to ensure better compliance with rules and regulations, an official said on Saturday.
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FATF Upset, Worried About Nations Being Slow in Regulating Crypto: Details
The FATF has expressed concerns about nations delaying deployment and adoption of crypto-related rules. The Paris-based global financial watchdog is leaving room for criminal activities to take shape.
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Paytm Terminates Some Ties With Troubled Payments Bank Unit
Payments firm Paytm on Friday cut some ties with its payments bank unit, which India's banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a meltdown in its shares last month.
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Facebook, X and YouTube to Do More Against Online Hate Speech, EU Says
Meta's Facebook, Elon Musk's X, Google's YouTube and other tech companies have agreed to do more to tackle online hate speech. Compliance with the updated code could impact regulators' enforcement of the Act, EU officials said.
-
Google to Update Its Crypto Ads Policy in the UK Starting January 15: All Details
Starting January 15, all cryptocurrency platforms wishing to advertise on Google must demonstrate that they hold a registration license from the UK’s Financial Conduct Authority (FCA). This measure ensures Google’s compliance with the UK’s regulations governing the marketing of cryptocurrency products.
-
GST, Visa Fees, Mobile Data Charges & More: Key Changes From January 1 That Will Affect Your Finances And Planning
Key updates include stricter GST compliance measures, the launch of Thailand's global e-visa system, streamlined US visa rules, ITC Hotels' demerger, and new telecom regulations for Jio, Airtel, Vodafone, and BSNL.
-
Apple Reportedly Plans to Discontinue Lightning to 3.5mm Headphone Jack Adapter
Apple, with its iPhone 15 series, made the shift from its proprietary lightning port to the USB Type-C in compliance with the regulations made mandatory by the European Union (EU). Now, it appears that the Cupertino-based technology giant is planning to discontinue its accessories which feature a lightning port, starting with the lightning to 3.5mm...
-
EU to Assess if Apple's iPad Operating System Complies with Digital Markets Act
EU's move followed Apple's publication of a compliance report for its iPad OS, designated by the commission in April as an important gateway for businesses to reach their customers.
-
EU AI Act Checker Reveals Big Tech's Compliance Pitfalls
Most commonly used AI models are reportedly failing to meet EU regulations in critical areas like cybersecurity resilience and non-discriminatory outputs. The EU had been considering new AI regulations long before OpenAI made ChatGPT publicly available in late 2022. Legislators established specific regulations for "general-purpose" AI systems follo...
-
European Union AI Act Checker Reveals Big Tech's Compliance Pitfalls
Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity resilience and discriminatory output, according to data seen by Reuters.
-
Top EU Privacy Regulator Opens Probe Into Google's AI Compliance
The EU is probing if Google adequately protected the personal data of European Union users before using it to help develop its foundational AI Model.
-
Axis Bank, HDFC Bank Fined 2.91 Crore For Deficiencies In Regulatory Compliance
The RBI said a penalty of Rs 1.91 crore has been imposed on Axis Bank for contravention of certain provisions of the Banking Regulation Act, and non-compliance with certain directions.
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Brazil Telecom Regulator Moves to Block Access to Elon Musk's X After Court Order
Brazil telecommunications regulator Anatel announced on Friday that it was moving to block access to Elon Musk's X microblogging platform, in adherence to a directive from a judge after X missed a deadline to pick a legal representative for the firm in the country.
-
Hong Kong SFC to Audit Compliance of Crypto Firms After Exchange Licencing Deadline
Hong Kong Securities and Futures Commission (SFC) will inspect all firms linked to the cryptocurrency sector. The platform have been informed about compliance audits in the coming weeks. Hong Kong authorities had imposed a deadline up to June 1 for existing crypto firms to get their licencing and other documentation work in order.
-
Brazil’s CBDC Pilot Reportedly Delayed to 2025 Due to Lack of Privacy Safeguards: Details
Brazil has reportedly postponed the pilot of its Drex CDBC to 2025 as the central bank feels, blockchain privacy solutions are insufficient. The regulator is looking to prevent financial inconvenience to Brazilian nationals. The CBDC is expected to finetune the country’s financial compliance, banking, and tax secrecy regulations.
-
Pune Plans To Webcast Pubs Entry-Exit Points To Ensure Rules Are Followed
The Pune district administration is mulling the idea of webcasting of entry and exit points of pubs and bars in the city to ensure better compliance with rules and regulations, an official said on Saturday.
-
FATF Upset, Worried About Nations Being Slow in Regulating Crypto: Details
The FATF has expressed concerns about nations delaying deployment and adoption of crypto-related rules. The Paris-based global financial watchdog is leaving room for criminal activities to take shape.
-
Paytm Terminates Some Ties With Troubled Payments Bank Unit
Payments firm Paytm on Friday cut some ties with its payments bank unit, which India's banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a meltdown in its shares last month.
