Monday, December 12, 2022

This Week in Ridiculous Regulations - Competitive Enterprise Institute

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Publisher: Competitive Enterprise Institute
Date: 2022-12-09T16:13:46 00:00
Twitter: @ceidotorg
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A little breathing room — California privacy agency modifies proposed regulations | Reuters

Given that the CPRA takes effect on Jan. 1, 2023, businesses are eager to receive finalized rules to assist with their implementation efforts.

Once the CCPA was signed into law, many businesses started their privacy compliance journeys with a data mapping exercise.

One issue that businesses need help with when it comes to data mapping (and privacy compliance in general) is how to address unstructured data.

Publisher: Reuters
Date: 2022-12-08T18:34:25.408Z
Author: _____
Twitter: @Reuters
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Hong Kong amends AML regulations to include VASP - ThePaypers

One of the amendments to AMLO involves the introduction of a licensing regime for virtual assets service providers (VASP).

Virtual asset service providers are defined by the Financial Action Task Force (FATF) as any natural or legal person who, as a business, conducts the following operations or activities:

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Upcoming hearings must build consensus on crypto regulations | The Hill

In the wake of FTX's collapse and the loss of billions of dollars in customer deposits, it is urgent to build consensus now on how to regulate cryptocurrencies.

With Congressional hearings scheduled for next week , open questions remain about how commodity-like digital assets should be regulated while simultaneously encouraging and enabling responsible financial innovation.

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Publisher: The Hill
Date: 2022-12-10T14:00:00 00:00
Author: Charles Clancy opinion contributor
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Proposed zoning ordinance changes setback regulations | Winchester Star | winchesterstar.com

BERRYVILLE — Proposed changes to Clarke County's zoning rules are intended to better specify things that potentially are allowable in setback areas on rural properties.

Potential issues resulting from ambiguities in current rules prompted county planning officials to put forth the amendments. The Clarke County Board of Supervisors will consider them during a public hearing at 6:30 p.m. Dec. 20.

Publisher: The Winchester Star
Author: MICKEY POWELL The Winchester Star
Twitter: @WinStarVa
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California's New Regulations on Auto Lending Impact Your Credit Union | Credit Union Times

CUs that deliver a steady stream of revenue can continue to invest in better products and additional benefits for members.

CUs must develop, monitor and evolve risk management strategies to reduce threats to members and their data.

The CFPB determines members aren't savvy enough to track their balances or know when they might be overdrawing.

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Publisher: Credit Union Times
Date: 2022-12-12
Author: Joe Winn and Jim Tenhundfeld
Twitter: @CookeonCUs
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Proposed ordinance to tweak rental regulations | WPHM

Port Huron City Council will hold their final meeting of 2022 this evening, which will include a first reading of a new ordinance that changes the city’s building and blight codes.

The proposed amendments modify non owner-occupied residential dwelling fees, changing registration fees from annual to biennial, and monitoring fees from quarterly to annually.

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Publisher: WPHM
Twitter: @WPHMradio
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PHHPC upholds vote on nursing home staffing, spending regulations despite pushback | Crain's ...

The regulations impose minimum requirements on how many hours a patient must be cared for by certain nursing home staff, as well as minimums on how much a facility must spend on patient care.

Meanwhile, nursing home staff organizations, including Local 1199 of the Service Employees International Union, support the requirements.

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Publisher: Crain's New York Business
Date: 2022-12-09T16:11:11-05:00
Author: https www facebook com
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UK to ease financial regulations in post-Brexit shakeup – 104.5 WOKV

LONDON — (AP) — Britain announced plans Friday to ease banking rules brought in after the 2008 global financial crisis in a bid to attract investment and secure London's status as Europe's leading finance center.

Treasury chief Jeremy Hunt said the changes, which follow Britain's departure from the European Union in 2020, will make the U.K. "one of the most open, dynamic and competitive financial services hubs in the world."

Publisher: 104.5 WOKV
Date: 2022-12-09T11:15:12.421Z
Twitter: @wokvnews
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