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Tag: watchdog

Biden consumer watchdog seeks delay of Trump-era debt collection rules

Finance
Ting Shen/Bloomberg via Getty ImagesThe Consumer Financial Protection Bureau proposed a delay Wednesday to two debt-collection rules issued in the waning days of the Trump administration.Those rules broadly addressed how debt collectors may communicate with and make disclosures to consumers.Kathy Kraninger, the former CFPB head during the Trump administration, said the measures helped keep consumers informed. Critics argue that some aspects of the plan give companies too much power and allow them to hound indebted Americans for payments.More from Personal Finance:Biden tax plan may lead to more Roth retirement accountsSocial Security beneficiaries received most of the recent $ 1,400 checksPPP loan money will likely run out before May 31 deadlineBoth measures — issued in October and Decemb...
UK to launch new watchdog next year to police tech giants

UK to launch new watchdog next year to police tech giants

Technology
Britain plans to create a new watchdog to police big tech companies including Google and Facebook to counter their market dominance and prevent them from exploiting consumers and small businessesBy By KELVIN CHAN AP Business WriterNovember 27, 2020, 10:35 AM• 3 min readShare to FacebookShare to TwitterEmail this articleLONDON -- Britain plans to create a new watchdog to police big tech companies including Google and Facebook to counter their market dominance and prevent them from exploiting consumers and small businesses.The U.K. government said Friday that it's setting up a “Digital Markets Unit" next year to enforce a new code of conduct governing the behavior of tech giants that dominate the online advertising market.The Digital Markets Unit, scheduled to launch in April, will oversee a...
Brexit: Watchdog warns of ‘significant’ border disruption

Brexit: Watchdog warns of ‘significant’ border disruption

Business
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Fears over ‘weakening’ of UK green watchdog

Fears over ‘weakening’ of UK green watchdog

Science
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Head of UK’s data watchdog working from home… in Canada

Head of UK’s data watchdog working from home… in Canada

Technology
The head of the UK's data watchdog won't be heeding Boris Johnson's plea to get back to the office - as it has emerged she is working in Canada, eight hours away from her team of more than 500.The news was greeted with fury from senior figures in the UK's data protection community, who accused Information Commissioner Elizabeth Denham of abandoning her post at a moment when data issues are most central. "We are in a national crisis, and she has abandoned her post. She must resign," wrote tech policy analyst Heather Burns on Twitter.Data protection consultant Pat Walshe said: "I am taken aback by this revelation. We need urgent change at the ICO."The news that Ms Denham, who is Canadian, is working in the Canadian Pacific Time Zone, emerged in a Freedom of Information request sent to the In...