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  • RBI digital payments: Track fishy transactions, RBI tells payment firms

    The Reserve Bank of India has directed all regulated payment companies to track high-value or suspicious transactions during the course of general elections, according to multiple senior executives in the know.In a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mechanisms to influence voters or indirectly fund poll candidates.ET has seen a copy of the letter.“The regulator wants payment companies to track...
  • FAA Reauthorization Bill Includes Family Seating Rules, Extends Voucher Life

      Reuters reports the new regulations are part of the five year, $105 billion FAA reauthorization bill, which could be approved by the U.S. Senate before the week ending May 3, 2024.   New Regulations Designed to Help U.S. Aviation Maintain “Gold Standard” The bill comes after both chambers of the U.S. Congress passed a […]
  • Rules on doorstep sales and telemarketing to be tightened again

    Stricter rules are to be brought in to protect households from aggressive telemarketers and doorstep sellers by giving them more rights to cancel on-the-spot contracts. Economic affairs minister Micky Adriaansens said the regulations needed to be tightened “because consumers are still being put under pressure on the doorstep or on the phone to sign something like a new energy contract immediately.” Telesales will be restricted to consumers who have given their explicit consent, including former...