IR-2019-196, December 4, 2019 WASHINGTON — With millions of people logging in to websites and online accounts this holiday season, the IRS and the Security Summit partners remind taxpayers that common mistakes can increase their of risk having sensitive financial and tax data stolen by identity thieves. The Internal Revenue Service, state tax agencies and […]
Monthly Archives: December 2019
Peloton Interactive, Inc. Announces Participation in the UBS Global TMT Conference
NEW YORK, Dec. 03, 2019 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) today announced that the Company will be participating in the UBS Global TMT Conference, held at the New York Hilton Midtown Hotel in New York City, on Monday, December 9, 2019, at 8:30 AM ET. Attending for Peloton will be John Foley, […]
Peloton Interactive, Inc. Announces Participation in the Barclays Global TMT Conference
NEW YORK, Dec. 03, 2019 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) today announced that the Company will be participating in the Barclays Global TMT Conference, held at the Palace Hotel in San Francisco, on Wednesday, December 11, 2019, at 1:30 PM PT. Attending for Peloton will be John Foley, Co-Founder & Chief Executive […]
Federal Regulators Issue Joint Statement on the Use of Alternative Data in Credit Underwriting
News Release 2019-142 | December 3, 2019 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemConsumer Financial Protection BureauFederal Deposit Insurance CorporationOffice of Comptroller of the CurrencyNational Credit Union Administration WASHINGTON – Five federal financial regulatory agencies today issued a joint statement on the use of alternative data in underwriting by banks, […]
Agencies Clarify Requirements for Providing Financial Services to Hemp-Related Businesses
News Release 2019-141 | December 3, 2019 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationFinancial Crimes Enforcement NetworkOffice of Comptroller of the CurrencyConference of State Bank Supervisors WASHINGTON—Four federal agencies in conjunction with the state bank regulators today issued a statement clarifying the legal status of hemp growth […]
Bank Secrecy Act: Interagency Statement on Providing Banking Services to Customers Engaged in Hemp Production
FIL-78-2019 December 3, 2019 Bank Secrecy Act: Interagency Statement on Providing Banking Services to Customers Engaged in Hemp Production Printable Format: FIL-78-2019 – PDF (PDF Help) Summary: The FDIC, along with the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Financial Crimes Enforcement Network (FinCEN) […]
FTC Announces Panels for FTC-CFPB Workshop on Accuracy in Consumer Reporting
The Federal Trade Commission announced the panels for its December 10, 2019 workshop, cohosted with the Consumer Financial Protection Bureau (CFPB), to examine issues affecting the accuracy of traditional credit reports as well as employment and tenant background screening reports. The December workshop seeks to bring together stakeholders—including industry representatives, consumer advocates, and regulators—for a […]
Treasury Applies Further Pressure on Movement of Venezuelan Oil to Cuba
Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) identified six vessels as blocked property of Petroleos de Venezuela, S.A. (PdVSA) pursuant to Executive Order (E.O.) 13884, which blocks the property and interests in property of the Government of Venezuela. Additionally, OFAC identified the vessel Esperanza as blocked property of […]
FTC Announces Settlements with Four Companies Related to Allegations they Deceived Consumers over Participation in the EU-U.S. Privacy Shield
The Federal Trade Commission has reached settlements with four companies that allegedly misrepresented their participation in the EU-U.S. Privacy Shield framework, which enables companies to transfer consumer data legally from European Union countries to the United States. The FTC also alleged that two of the companies failed to comply with Privacy Shield requirements. In separate […]
National Tax Security Awareness Week, Day 2: Don’t take the bait: Recognize, avoid phishing scams from identity thieves
IR-2019-195, December 3, 2019 WASHINGTON — As the holiday season approaches, the IRS and Security Summit partners warned taxpayers to watch out for phishing scams in the deluge of holiday email messages coming from retailers and others. More than 90% of all data thefts begin with an email phishing scam. The IRS, state tax agencies […]