fines

Regulators Eye ‘Excess Capacity’ In European Banking System
Regulators Eye ‘Excess Capacity’ In European Banking System
July 08, 2019  |  Regulation

In Europe, and specifically in banking, mergers – not for scale, but for efficiency? To that end, Andrea Enria, the European Central Bank supervisor, said...

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Norwegian Regulator Slaps Santander With $1M Fine For AML Issue
Norwegian Regulator Slaps Santander With $1M Fine For AML Issue
July 02, 2019  |  Banking

The Financial Supervisory Authority (FSA) in Norway has fined Santander, a Spanish bank, $1 million for violating Norwegian anti-money laundering (AML) statutes, according to a...

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Tech Firms Push Back Against Proposed UK Content Regulations
Tech Firms Push Back Against Proposed UK Content Regulations
July 01, 2019  |  Regulation

Global tech companies like Google and Facebook have started lobbying against the U.K.’s proposed “duty of care” rules meant to prevent online harms, the Financial...

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Trump Says America Should Be Suing Tech Companies, Not EU
Trump Says America Should Be Suing Tech Companies, Not EU
June 27, 2019  |  Regulation

U.S. President Donald Trump lashed out at the EU on Wednesday (June 26) for its aggressive pursuit of U.S. tech companies and singled out EU...

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In The UK, Fines May Loom For Big Firms That Pay Late
In The UK, Fines May Loom For Big Firms That Pay Late
June 24, 2019  |  B2B Payments

New proposals on offer from Minister of Small Business Kelly Tolhurst in the U.K. may hit large firms in the pocketbook — via fines, if...

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Kelkoo Ready To Bring Google Fight To The US
Kelkoo Ready To Bring Google Fight To The US
June 06, 2019  |  Google

British price comparison site Kelkoo is ready to take its complaint against Google to U.S. antitrust regulators. The comments come as Kelkoo and other companies...

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Irish Mortgage Lender Must Pay €21M For Fleecing Interest Fees
Irish Mortgage Lender Must Pay €21M For Fleecing Interest Fees
May 31, 2019  |  Loans

Ireland’s central bank announced that it has fined a state-backed mortgage lender €21 million for overcharging its customers. The fine against Permanent TSB, which is...

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A Year Into GDPR, Fines Total €56M
A Year Into GDPR, Fines Total €56M
May 28, 2019  |  Regulation

A year after the debut of Europe’s General Data Protection Regulation (GDPR), a total of €56 million ($62 million) in fines have been doled out. According...

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FTC Split Over Facebook Settlement Delays Decision
FTC Split Over Facebook Settlement Delays Decision
May 24, 2019  |  Facebook

With a reported split between the Democrats and Republicans on the Federal Trade Commission (FTC), an anticipated settlement between Facebook and federal regulators related to...

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