Tag: financial
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New York enacts surcharge law
What to Know New York has recently enacted a new surcharge law impacting various industries across the state. The law, which took effect on January 1, 2022, aims to address issues related to pricing transparency and consumer protection. Key Features of the Law Under the new legislation, businesses in New York must disclose any surcharges…
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Discover to spend at least $500M on compliance next year
Financial services company, Discover, has recently announced its plan to allocate a minimum of $500 million towards compliance efforts in the upcoming year. This move highlights the increasing emphasis placed by financial institutions on regulatory compliance. Discover aims to strengthen its adherence to regulatory guidelines, ensuring that the company operates within the legal framework and…