fines

SEC Only Collects Half Of Fraud-Related Fines
SEC Only Collects Half Of Fraud-Related Fines
May 21, 2019  |  Regulation

New data shows that the U.S. Securities and Exchange Commission (SEC) has only collected 55 percent of the $20 billion in fraud-related fines it imposed...

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EU Fines Banks Billions For Manipulating Currency Prices
EU Fines Banks Billions For Manipulating Currency Prices
May 16, 2019  |  Regulation

The European Union has slapped Barclays, RBS, Citigroup, JPMorgan and MUFG with a €1.07bn fine over allegations that they worked together to manipulate the foreign exchange...

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EU Antitrust Regulators Fine Banks For FX Manipulation
EU Antitrust Regulators Fine Banks For FX Manipulation
May 09, 2019  |  Regulation

European Union antitrust regulators are going to fine seven banks for manipulating the foreign exchange market, according to reports. The banks involved are Barclays, Citigroup,...

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Senators Oppose FTC/Facebook Settlement
Senators Oppose FTC/Facebook Settlement
May 07, 2019  |  Facebook

Two U.S. senators have spoken out against a reported settlement between the Federal Trade Commission (FTC) and Facebook related to the Cambridge Analytica scandal. In...

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RBI Fines Yes Bank For Money Transfer Violations
RBI Fines Yes Bank For Money Transfer Violations
May 03, 2019  |  Regulation

The Reserve Bank of India (RBI) has fined Yes Bank Rs 11.25 lakh under the Payment and Settlement Systems Act of 2007, according to reports. “(The)...

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Sloan Alone: Why The Wells Fargo CEO (Perhaps) Had To Go
Sloan Alone: Why The Wells Fargo CEO (Perhaps) Had To Go
March 29, 2019  |  Personnel

Pushed?  Jumped ?  The speculation begins and runs rampant as Timothy Sloan steps down from Wells Fargo’s helm – and yes, shares popped.  In the...

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Jamie Dimon: Big Tech Should Prep For Big Reg
Jamie Dimon: Big Tech Should Prep For Big Reg
March 21, 2019  |  Regulation

JPMorgan Chase CEO Jamie Dimon said tech giants need to brace themselves for a similar slew of tough regulations to what big banks faced after...

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Netherlands First EU Country To Release GDPR Fining Policy
Netherlands First EU Country To Release GDPR Fining Policy
March 14, 2019  |  Regulation

The Dutch Data Protection Authority (DDPA) in the Netherlands has released its own General Data Protection Regulation (GDPR) fining policy, according to reports, and is...

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UK Complaints Body Gets Nod To Increase FinTech Fines
UK Complaints Body Gets Nod To Increase FinTech Fines
March 08, 2019  |  Regulation

Britain’s Financial Conduct Authority (FCA) has said the Financial Ombudsman Service, which handles complaints from financial companies and customers, will be able to raise fine...

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