Review

Statement from Samuel Levine, Director of FTC Bureau of Consumer Protection, Regarding the Commission’s Order and Opinion in the Intuit TurboTax Case

Retrieved on: 
Mercredi, janvier 24, 2024

As the Commission has long understood, “free” is a powerful lure, one that Intuit deployed in scores of ads.

Key Points: 
  • As the Commission has long understood, “free” is a powerful lure, one that Intuit deployed in scores of ads.
  • I congratulate our team in the Division of Marketing Practices for securing this hard-fought victory for American consumers.
  • Learn more about consumer topics at consumer.ftc.gov, or report fraud, scams, and bad business practices at ReportFraud.ftc.gov.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Statement from Samuel Levine, Director of FTC Bureau of Consumer Protection, Regarding the Commission’s Order and Opinion in the Intuit TurboTax Case

Retrieved on: 
Mercredi, janvier 24, 2024

As the Commission has long understood, “free” is a powerful lure, one that Intuit deployed in scores of ads.

Key Points: 
  • As the Commission has long understood, “free” is a powerful lure, one that Intuit deployed in scores of ads.
  • I congratulate our team in the Division of Marketing Practices for securing this hard-fought victory for American consumers.
  • Learn more about consumer topics at consumer.ftc.gov, or report fraud, scams, and bad business practices at ReportFraud.ftc.gov.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

FTC says this Dude didn’t abide – by the law, that is

Retrieved on: 
Samedi, janvier 20, 2024

FTC says this Dude didn’t abide – by the law, that isWhat’s more, the complaint charges that Hey Dude Shoes posted five-star consumer reviews on its website, but didn’t publish less favorable reviews.

Key Points: 

FTC says this Dude didn’t abide – by the law, that is

  • What’s more, the complaint charges that Hey Dude Shoes posted five-star consumer reviews on its website, but didn’t publish less favorable reviews.
  • In some ads, Hey Dude promised, “All orders placed Monday-Thursday are processed and shipped within 1 business day.
  • Orders placed Friday afternoon-Sunday will be processed the following Monday.” But according to the FTC, Hey Dude engaged in a host of illegal fulfillment and refund practices.

Isabel Schnabel: Q&A on X

Retrieved on: 
Vendredi, janvier 19, 2024

Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.

Key Points: 
  • Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.
  • This article discusses these issues through the lens of a simple theoretical framework.

Piero Cipollone: One step ahead: protecting the cyber resilience of financial infrastructures

Retrieved on: 
Vendredi, janvier 19, 2024

Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.

Key Points: 
  • Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.
  • This article discusses these issues through the lens of a simple theoretical framework.

Liquidity conditions and monetary policy operations from 2 August to 31 October 2023

Retrieved on: 
Vendredi, janvier 19, 2024

This box describes liquidity conditions and the Eurosystem’s monetary policy operations during the fifth and sixth maintenance periods of 2023, from 2 August to 31 October 2023.

Key Points: 


This box describes liquidity conditions and the Eurosystem’s monetary policy operations during the fifth and sixth maintenance periods of 2023, from 2 August to 31 October 2023.

ESAs publish first set of rules under DORA for ICT and third-party risk management and incident classification

Retrieved on: 
Vendredi, janvier 19, 2024

ESAs publish first set of rules under DORA for ICT and third-party risk management and incident classification

Key Points: 
  • ESAs publish first set of rules under DORA for ICT and third-party risk management and incident classification
    The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today the first set of final draft technical standards under the DORA aimed at enhancing the digital operational resilience of the EU financial sector by strengthening financial entities’ Information and Communication Technology (ICT) and third-party risk management and incident reporting frameworks.
  • RTS on ICT risk management framework and on simplified ICT risk management framework
    The draft RTS on ICT risk management framework identify further elements related to ICT risk management with a view to harmonise tools, methods, processes and policies.
  • The RTS identify the key elements that financial entities subject to the simplified regime and of lower scale, risk, size and complexity would need to have in place, setting out a simplified ICT risk management framework.
  • The RTS ensure the ICT risk management requirements are harmonised among the different financial sectors.

FTC Pauses CARS Rule Effective Date

Retrieved on: 
Vendredi, janvier 19, 2024

The Federal Trade Commission has issued an order postponing the effective date of the Combatting Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending.

Key Points: 
  • The Federal Trade Commission has issued an order postponing the effective date of the Combatting Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending.
  • Two industry groups have petitioned to overturn the rule, asserting that the rule should be stayed while the court challenge is pending.
  • The Commission further notes that if the court reviewing the rule grants expedited review, as the litigants requested, a stay of the effective date should not postpone implementation of the rule by more than a few months, if at all.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

FTC Pauses CARS Rule Effective Date

Retrieved on: 
Vendredi, janvier 19, 2024

The Federal Trade Commission has issued an order postponing the effective date of the Combatting Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending.

Key Points: 
  • The Federal Trade Commission has issued an order postponing the effective date of the Combatting Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending.
  • Two industry groups have petitioned to overturn the rule, asserting that the rule should be stayed while the court challenge is pending.
  • The Commission further notes that if the court reviewing the rule grants expedited review, as the litigants requested, a stay of the effective date should not postpone implementation of the rule by more than a few months, if at all.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

ICO publishes updated Commissioner’s Opinion on age assurance for the Children’s code

Retrieved on: 
Vendredi, janvier 19, 2024

- New Opinion gives clarity to organisations on how to comply with age assurance

Key Points: 
  • - New Opinion gives clarity to organisations on how to comply with age assurance
    The Information Commissioner’s Office has renewed its 2021 age assurance Opinion with an updated version reflecting developments over the past two years.
  • The Opinion explains how age assurance can form part of a necessary and proportionate approach to reducing or eliminating risks and conforming to the code.
  • It also sets out how the Information Commissioner expects online services to apply age assurance measures that are appropriate for their use of children’s data.
  • If your business is using age assurance checks, you could apply to the Age Check Certification Scheme by ACCS.