Compliance & Ethics

The Federal Trade Commission (FTC) has filed an amicus brief in support of the Department of Justice’s (DOJ) Revised Proposed Final Judgment (RPFJ) aimed at addressing Google's violations of antitrust laws, specifically in relation to its monopolistic practices in search services and online advertising. The FTC, as the nation’s primary privacy enforcement agency, emphasized the importance of privacy protections within the proposed settlement.

At the 2025 European Anti-Financial Crime Summit, Patricia Dunne, Director of the Horizontal Supervision Directorate at the Central Bank of Ireland, delivered a thought-provoking speech on the intersection of technology, innovation, and the fight against financial crime. Her remarks, titled "AML and Innovation — Opportunities and Challenges", were aimed at exploring the balance between embracing new technologies and ensuring that risks are effectively managed to protect the financial system.

The Federal Trade Commission (FTC) is set to implement a new Rule on Unfair or Deceptive Fees, which will take effect on May 12, 2025. This regulation aims to combat deceptive pricing practices, including hidden fees and bait-and-switch tactics, in industries such as live-event ticketing and short-term lodging. The Rule seeks to ensure price transparency and protect consumers from misleading pricing strategies.

Credit Suisse Services AG has pleaded guilty to charges of conspiring with U.S. taxpayers to hide more than $4 billion in assets through offshore accounts. This revelation follows a years-long investigation into the bank’s role in helping wealthy individuals dodge U.S. taxes. The penalty for these crimes? A hefty $510 million in fines and restitution, marking yet another dark chapter in the Swiss bank’s troubled history.

The Federal Trade Commission (FTC) and the Department of Justice (DOJ) Antitrust Division are asking federal agencies to take a closer look at their own rulebooks. The goal? To identify and remove regulations that stifle innovation, reduce competition, and ultimately hinder the American economy.

The Irish Data Protection Commission (DPC) has handed down a large fine to TikTok, totaling €530 million, following an extensive investigation into the platform's handling of user data. The fine comes after the DPC concluded that TikTok violated key provisions of the General Data Protection Regulation (GDPR), specifically regarding its transfers of personal data of European Economic Area (EEA) users to China.

Raytheon and its former subsidiary, Nightwing Group, have reached an $8.4 million settlement to resolve allegations tied to cybersecurity lapses in contracts with the U.S. Department of Defense (DoD). This settlement, while hefty, speaks volumes about the importance of cybersecurity in defense contracting and the government’s commitment to keeping sensitive information safe from cyber threats.