Financial Regulations

How Does California's New Debt Collection Licensing Impact Collectors?
Finance How Does California's New Debt Collection Licensing Impact Collectors?

California is revamping its financial regulations, particularly affecting debt collectors, to enhance consumer protections. This overhaul requires debt collectors to adhere to new licensing rules under the guidance of the Department of Financial Protection and Innovation (DFPI). The DFPI has

Is Global Insurance Regulation Shifting Towards Risk-Based Models?
Finance Is Global Insurance Regulation Shifting Towards Risk-Based Models?

Insurance regulation worldwide is steadily moving toward risk-based models, significantly changing how insurers approach capital management and risk assessment. This shift aligns with a global trend that aims for superior risk management and heightened competitive dynamics in the insurance

How Will AI Reshape Financial Regulation and Stability?
Finance How Will AI Reshape Financial Regulation and Stability?

The finance sector is currently undergoing a significant transformation as it increasingly adopts artificial intelligence (AI). This shift towards AI integration is set to drastically improve operational efficiencies and strengthen risk management and adherence to regulations. Industry giants such

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