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Future FinTech and China Foundation of Consumer Protection Enter Into Cooperation Agreement to Use Blockchain Technology Against Counterfeit Products
February 12, 2021 GMT
NEW YORK, Feb. 12, 2021 /PRNewswire/ Future FinTech Group Inc. (NASDAQ: FTFT) (“Future FinTech”, “FTFT” or “Company”), a leading blockchain based e-commerce business and a fintech service provider, announced today that, its wholly-owned subsidiary Chain Cloud Mall Network and Technology (Tianjin) Co., Limited (“CCM”) has signed a cooperation agreement with The Merchandise and Quality Week Magazine, a news magazine directly owned by China Foundation of Consumer Protection. The cooperation has a term for five years, from February 1, 2021 to January 31, 2026. The Anti-Counterfeiting Committee of China Foundation of Consumer Protection will set up a “Quality and Safety Office” and appoint Mr. Zhi Yan, th
Shanon J. Carson | Berger Montague
WILLIAMSPORT – A trio of registered nurses have brought a prospective class action lawsuit against Geisinger Health and Evangelical Community Hospital, claiming the Pennsylvania hospitals engaged in a secret “no-poach agreement” that suppressed professional mobility and salaries in Central Pennsylvania.
Nichole Leib and Kevin Brokenshire of Pennsylvania and Diane Weigley of Georgia (and formerly of Pennsylvania) filed suit in the U.S. District Court for the Middle District of Pennsylvania on Feb. 3 versus Geisinger Health of Danville and Evangelical Community Hospital, of Lewisburg.
“This class action challenges an illegal agreement between two competitors, Geisinger and Evangelical, not to recruit (or “poach”) each other’s physicians, nurses, psychologists, therapists and other health care professional.” the suit says.
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“As a result, CBUAE has issued [the] UAE’s first comprehensive financial consumer protection regulatory framework that defines the relationship between the financial and banking service providers and consumers in order to ensure the protection of financial consumers and continued confidence in the sector.”
The new measures are designed to improve the quality of information provided by financial institutions about products and services, as well as offering a more effective and efficient way of settling disputes, the regulator said.
This includes a requirement for banks and financial institutions to put in place an independent and fair complaint resolution system to receive and address consumer complaints, it added.