Legislation

IRS to Distribute $2.4 Billion in Automatic COVID-19 Stimulus Payments
Capital, Risk & Assets IRS to Distribute $2.4 Billion in Automatic COVID-19 Stimulus Payments

The IRS has initiated a groundbreaking program to distribute approximately $2.4 billion in automatic stimulus payments to taxpayers who failed to receive their COVID-19 stimulus payments amid the pandemic. This initiative, aimed to be completed by the end of January, targets around one million

January 15, 2025
AUSTRAC's New Powers Under AML/CTF Act 2024 Bolster Enforcement
Regulatory & Compliance AUSTRAC's New Powers Under AML/CTF Act 2024 Bolster Enforcement

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has been granted new investigative and information-gathering powers under the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024 (Cth) (the AML/CTF Act). These changes, effective January 7, 2025, significantly

January 7, 2025
How Did the Stock Market Perform in the 2024 Election Year?
Capital, Risk & Assets How Did the Stock Market Perform in the 2024 Election Year?

The stock market's performance in 2024 defied many expectations, with several developed markets reaching record highs despite a backdrop of global uncertainties. This article delves into the key events, trends, and investment lessons from the year, providing insights for long-term investors.

January 3, 2025
Will FDIC Hold Former SVB Executives Accountable for Huge Losses?
Capital, Risk & Assets Will FDIC Hold Former SVB Executives Accountable for Huge Losses?

In what could mark a significant move towards accountability within the banking sector, the Federal Deposit Insurance Corp. (FDIC) is seriously contemplating filing lawsuits against former executives and directors of Silicon Valley Bank (SVB). This decision is centered on allegations of severe

December 19, 2024
Global Online Safety Regulation Network Outlines Strategic 2025-2027 Plan
Regulatory & Compliance Global Online Safety Regulation Network Outlines Strategic 2025-2027 Plan

The Global Online Safety Regulators Network (GOSRN) has unveiled an extensive and carefully crafted strategic plan for 2025-2027, marking an important milestone in international collaboration in the realm of online safety regulation. This plan, unveiled during a prominent panel discussion at the

December 12, 2024
Iowa's Consumer Privacy Law: Balancing Protection and Compliance
Digital & Technology Iowa's Consumer Privacy Law: Balancing Protection and Compliance

The new Iowa Consumer Data Protection Act (IACDPA), signed into law by Iowa Governor Kim Reynolds on March 28, 2023, is poised to introduce significant changes to how businesses handle personal data come January 1, 2025. This legislation represents a strategic move to fortify consumer data privacy,

November 20, 2024
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