investigations

Bank of London Discloses Investigation by UK’s Prudential Regulation Authority

Bank of London Discloses Investigation by UK’s Prudential Regulation Authority
Bank of London Discloses Investigation by UK’s Prudential Regulation Authority
May 15, 2025  |  Legal & Regulation

FinTech company Bank of London is reportedly being investigated by the Bank of England’s Prudential Regulation Authority (PRA) for unspecified “historic” events and for inaccurate record-keeping, lax regulatory reporting and governance failures. Get the...

READ MORE >
Treasury IG and GAO Investigate DOGE Access to Federal Payment Systems
Treasury IG and GAO Investigate DOGE Access to Federal Payment Systems
February 14, 2025  |  Legal & Regulation

The Treasury Inspector General and the Government Accountability Office (GAO) are investigating the reported decision by Treasury Secretary Scott Bessent to allow the Elon Musk-led Department of Government Efficiency...

READ MORE >
FTC Urges Continued Research Into ‘Surveillance Pricing’
FTC Urges Continued Research Into ‘Surveillance Pricing’
January 17, 2025  |  Legal & Regulation

Days before the inauguration of President-elect Donald Trump, the Federal Trade Commission (FTC) released early findings from its ongoing study of what it calls “surveillance...

READ MORE >
UK’s Antitrust Regulator Tests New Powers Targeting Google
UK’s Antitrust Regulator Tests New Powers Targeting Google
January 14, 2025  |  Legal & Regulation

Since Jan. 1, the U.K.’s Competition and Markets Authority (CMA) has been granted new powers to regulate digital markets, investigate firms, impose remedies and enforce...

READ MORE >
Stenn Collapses Over FinTech’s Possible Ties to Money Launderers
Stenn Collapses Over FinTech’s Possible Ties to Money Launderers
December 16, 2024  |  AML

U.K. FinTech Stenn has reportedly collapsed over possible ties to a Russian money laundering scheme. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Macy’s Employee Accused of Concealing $132 Million in Delivery Costs
Macy’s Employee Accused of Concealing $132 Million in Delivery Costs
November 25, 2024  |  Retail

Macy’s has delayed its earnings call after discovering a multimillion-dollar “intentional” employee accounting error. Get the Full Story Complete the form to unlock this article and...

READ MORE >
UK’s CMA Says Apple and Google Policies ‘Hold Back Innovation’
UK’s CMA Says Apple and Google Policies ‘Hold Back Innovation’
November 22, 2024  |  ANTITRUST

Apple and Google may face a formal investigation into their mobile ecosystem policies in the United Kingdom after a provisional study found that these policies...

READ MORE >
Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
November 01, 2024  |  Bank Regulation

Capital One disclosed Thursday (Oct. 31) that it could face an enforcement action by the Consumer Financial Protection Bureau (CFPB) regarding its introduction of a...

READ MORE >