fines

Today in TechREG: EU Commissioner Urges Parliament to Pass Crypto Regulation; Qualcomm Wins Appeal of EU $1B Antitrust Fine
Today in TechREG: EU Commissioner Urges Parliament to Pass Crypto Regulation; Qualcomm Wins Appeal of...
June 15, 2022  |  Technology

In tech regulation news Wednesday (June 15), the European General Court sided with Qualcomm in its appeal of a $1 billion antitrust fine imposed by...

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Amazon Pushes for End to European Commission Probe with Data Sharing, Rival Boosting
Amazon Pushes for End to European Commission Probe with Data Sharing, Rival Boosting
June 13, 2022  |  Amazon

Amazon will share marketplace data with its sellers and boost rivals’ product visibility on its platform if the European Commission will close its 2020 investigation...

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Wells Fargo to Pay $7M to Settle SEC AML Allegations
Wells Fargo to Pay $7M to Settle SEC AML Allegations
May 20, 2022  |  AML

Wells Fargo Advisors agreed to pay $7 million to settle federal Securities and Exchange Commission (SEC) charges that the firm failed to report at least...

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CFPB Orders $8M Paid to Consumers in Student Loan Scam
CFPB Orders $8M Paid to Consumers in Student Loan Scam
May 11, 2022  |  CFPB

The Consumer Finance Protection Bureau (CFPB) has finalized an enforcement action against RAM Payment and Account Management Systems, two payment processors working with debt relief,...

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FinCEN’s AML Probes Identify Customer Due Diligence Deficiencies
FinCEN’s AML Probes Identify Customer Due Diligence Deficiencies
April 01, 2022  |  AML

The Financial Crimes Enforcement Network (FinCEN) has imposed more than $600 million in fines for anti-money laundering (AML) violations in just 14 months (from January 2021...

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French Court Fines Google $2M for ‘Abusive’ Developer Practices
French Court Fines Google $2M for ‘Abusive’ Developer Practices
March 29, 2022  |  Regulation

A French court has fined Google $2.2 million (€2 million) for what the country’s government has described as “abusive” dealings with developers on its app...

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Apple Now Faces $55M in Fines From Dutch Regulators Over Dating App Payments
Apple Now Faces $55M in Fines From Dutch Regulators Over Dating App Payments
March 28, 2022  |  Apple

The Authority for Consumers and Markets (ACM), the Dutch antitrust watchdog, has now hit Apple with €50 million ($55 million) in fines related to the...

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Dutch Regulator Says Apple Still Not Compliant on Dating App Payment
Dutch Regulator Says Apple Still Not Compliant on Dating App Payment
March 25, 2022  |  Apple

Apple will likely be smacked with another fine next week for not complying with an order by Dutch antitrust watchdog Authority for Consumers and Markets...

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Apple Proposes Solution to Dating App Violations Amid Fines
Apple Proposes Solution to Dating App Violations Amid Fines
March 21, 2022  |  Apple

One month after a Dutch regulator levied another fine against Apple for its failure to provide alternative payment methods on its dating apps, the tech...

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