The #FTC has implemented new requirements - effective January 2025 - for subscription-based businesses to provide transparent cancellation processes and obtain informed consumer consent. More on the new FTC rule from Jordan Rennie Briggs - https://bit.ly/3WheXAI #FederalTradeCommission #consumerprotection
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New FTC Rule: Say Goodbye to Tricky Subscriptions! ???? They can’t hold you hostage to these subscriptions contracts any more. The Federal Trade Commission (FTC) has announced a "Click-to-Cancel" rule making it easier for consumers to cancel recurring subscriptions with just a click! ?? ? No more hidden hoops or lengthy processes. Companies must now provide simple cancellation options and gain your clear consent before charging. This rule will protect consumers from deceptive practices and save time and money. ???? ?? Stay informed and protect yourself from unfair charges! #ConsumerProtection #ClickToCancel #FTCrule #SubscriptionScams #EasyCanceling #fcc
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Practice questions for Government Competitive Exams #GovernmentSecurities #Gsec #UPSC, #GovernmentExams, #CurrentAffairs, #MCQs, #PracticeQuestions, #Quizzes, #CompetitiveExams, #thebharatdatabase #MockTest #TestSeries Query: Who issues Government Securities or G-Secs?
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The IRS recently issued updates on the status of #ERC claims processing. Highlights include the fast-tracking of low-risk ERC payments and intensified efforts to curb improper claims. Learn more here. #TaxUpdates #IRSNews https://hubs.ly/Q02LjQDg0
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In an article for Law360, #GTLondon’s Matt Hancock discusses the Financial Conduct Authority's upcoming consultation on substantial changes to safeguarding requirements for payments firms. With the consultation closing in December, the FCA aims to replace the existing safeguarding regime, drawing influence from current client money rules and the current account switch service (CASS). These changes could significantly impact how customer funds are protected in the payments sector. Read the full article on Law360: https://buff.ly/3A2iNGa #FinancialRegulation #FCA #Law360
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The recent TISA UK and fscom survey highlights key challenges and inconsistencies in CASS compliance, particularly around the impact of Consumer Duty. Findings reveal a strong demand for clearer FCA guidance on managing client money interest, use of Payment Service Providers (PSPs), and a call for consistency in audit interpretations. Notably, 77% of firms seek enhanced regulatory support to navigate these complex areas effectively. Visit Grath.com to see how our platform can support your firm in meeting these evolving regulatory standards.
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??We use your feedback to make sure that federally regulated financial institutions comply with their obligations under law, regulations, codes of conduct or public commitments. Why it matters: ? Accountability: FCAC reports to Parliament on the number and types of complaints received ?? Consumer Protection: Your complaints help FCAC monitor trends and issues affecting financial consumers #ComplaintHandling
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Practice questions for Government Competitive Exams #GovernmentSecurities #UPSC, #GovernmentExams, #CurrentAffairs, #MCQs, #PracticeQuestions, #Quizzes, #CompetitiveExams, #thebharatdatabase #MockTest #TestSeries Query: What is one of the key outcomes of “Government Securities” buybacks?
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Today we have Corlytics' Susie MacKenzie participating in the conversation around "Trends in Enforcement" at AFME (Association for Financial Markets in Europe) with Thomas Makin, Simmons & Simmons and Dee O Sullivan, Financial Conduct Authority. ?What can we learn from recent regulatory actions ?Where to focus in 2025 and beyond #CL2024 #compliance #regtech #regulation
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Frustrated by the mountains of paper when dealing with evidence? Implement a paperless Chain of Custody with digital signatures associated with digital evidence, so you can keep track of the trail and time stamps. Get started today! https://lnkd.in/dqYdwqy5 #dfir #casemanagement
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