fines

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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RBI Fines 19 Lenders For SWIFT Non-Compliance
RBI Fines 19 Lenders For SWIFT Non-Compliance
March 05, 2019  |  Regulation

The Reserve Bank of India (RBI), the country’s central banking institution, has fined almost 20 lenders, including the State Bank of India and ICICI Bank,...

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UK Fines Countrywide In AML Crackdown
UK Fines Countrywide In AML Crackdown
March 05, 2019  |  Regulation

U.K. estate agent Countrywide has been fined £215,000 (more than $283,000 USD) for failing to comply with the country’s money laundering prevention rules. Get the Full...

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EU Antitrust Reg Margrethe Vestager Plans Big Tech Policy Report
EU Antitrust Reg Margrethe Vestager Plans Big Tech Policy Report
January 21, 2019  |  Regulation

Margrethe Vestager, the European Union’s top antitrust cop, is coming to the end of her term as antitrust enforcer, but not before she plans to...

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Supply Chain Compliance Dives Into The Data
Supply Chain Compliance Dives Into The Data
January 14, 2019  |  B2B Payments

Corporates cannot afford to manage compliance in isolation. With the globalization of supply chains, entering new markets and working with unfamiliar partners can introduce major...

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Android Apps Feed Facebook User Data, Violate EU Reg
Android Apps Feed Facebook User Data, Violate EU Reg
December 31, 2018  |  Facebook

Some popular apps for Android smartphones are feeding data to Facebook without user consent, which could be a breach of the European Union’s (EU’s) General...

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Wells To Pay $575M Over Customer Abuse Claims
Wells To Pay $575M Over Customer Abuse Claims
December 28, 2018  |  Bank Regulation

Wells Fargo, implicated in a far-reaching banking scandal where it was accused of creating fake accounts and charging customers for services they didn’t sign up...

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