fine

Hong Kong Hits UBS With $51M Fine For Fleecing Consumers

Hong Kong Hits UBS With $51M Fine For Fleecing Consumers
Hong Kong Hits UBS With $51M Fine For Fleecing Consumers
November 11, 2019  |  Cross-border Payments

Swiss bank UBS was hit with a $51.09 million fine by a Hong Kong watchdog for overcharging up to 5,000 clients for nearly a decade,...

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Malaysia Regulators Want To Slap Grab With $20M Fine
Malaysia Regulators Want To Slap Grab With $20M Fine
October 03, 2019  |  South East Asia

The Malaysia Competition Commission (MyCC) ruled that Singapore-based Grab is in violation of competition laws and is considering slapping them with a $20.5 million fine,...

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Bitcoin Daily: Tether Beats Out Bitcoin In Trading Volume; EOS Receives $24M Fine From SEC
Bitcoin Daily: Tether Beats Out Bitcoin In Trading Volume; EOS Receives $24M Fine From SEC
October 02, 2019  |  Bitcoin

Believe it or not, bitcoin is no longer the most used cryptocurrency, with data from CoinMarketCap.com revealing that the token with the highest daily and...

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PayPal’s iZettle Acquisition Draws Fine From UK Regulator
PayPal’s iZettle Acquisition Draws Fine From UK Regulator
September 24, 2019  |  Legal & Regulation

The Competition and Markets Authority (CMA) in the U.K. has levied a fine against PayPal for breaking rules regarding marketing in the country when it...

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YouTube To Stop Targeting Kids With Video Ads
YouTube To Stop Targeting Kids With Video Ads
August 20, 2019  |  Social Commerce

YouTube is proposing to stop advertisements that target videos watched by kids in a bid to satisfy both regulators and consumer groups. Get the Full...

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Citigroup Fined $1.25M For Background Check Infractions
Citigroup Fined $1.25M For Background Check Infractions
July 29, 2019  |  Legal & Regulation

The Financial Industry Regulatory Authority (FINRA) has fined Citigroup’s global markets business $1.25 million for not performing background checks on thousands of non-registered employees for...

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Facebook Could Pay $100M To Settle SEC Investigation
Facebook Could Pay $100M To Settle SEC Investigation
July 24, 2019  |  Facebook / Meta

Facebook is expected to settle on Wednesday (July 24) with the Securities and Exchange Commission’s investigation into its privacy practices.   Get the Full Story Complete...

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EU Begins Antitrust Probe Into Amazon, Fines Qualcomm
EU Begins Antitrust Probe Into Amazon, Fines Qualcomm
July 17, 2019  |  Europe

Margrethe Vestager, the EU’s competition commissioner, is preparing to leave office with a bang, launching an investigation into Amazon while also preparing a fine against...

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