Britain’s financial regulators will begin overseeing four of the world’s largest technology providers on Monday, extending their reach into the cloud infrastructure that banks and other financial institutions increasingly rely on to keep operating.
RentGrow will pay $2.25 million to settle federal allegations that its tenant screening reports included duplicate criminal and eviction records, potentially making some applicants appear to have more extensive histories than they did, the Federal Trade Commission announced Wednesday.
The Privacy Commissioner of Canada has published new guidance explaining how financial reporting entities should seek approval for codes of practice governing the sharing of personal information to detect money laundering, terrorist financing, and sanctions evasion. On its face, the document is procedural. It explains what organizations need to submit and what the Commissioner will expect before approving a code. But procedural documents often reveal where policymakers believe the difficult work actually lies, and this one suggests the challenge is no longer whether institutions should collaborate. It is how they can do so without weakening the privacy protections that made collaboration difficult in the first place.
The French Autorité des Marchés Financiers' latest review of anti-money laundering and counter-terrorist financing controls, published as part of the regulator's 2026 supervisory priorities and its broader Impact 2027 strategy, distills what inspectors found across 46 examinations that resulted in regulatory follow-up between January 1, 2022, and December 31, 2025. Those inspections produced 16 sanction decisions, 16 administrative settlement agreements, and 16 follow-up letters requiring firms to remedy deficiencies, with some inspections leading to more than one form of regulatory action.
Britain's communications regulator has fined Virgin Media £28 million after finding the company repeatedly subjected customers to unreasonable effort and unnecessary difficulty when they tried to cancel their contracts and switch to another provider. The penalty, announced Wednesday, is the largest Ofcom has ever imposed under its consumer protection rules for direct harm to consumers.
South Korea will require its largest publicly traded companies to begin mandatory sustainability reporting in 2028, moving forward a long-debated disclosure regime while introducing temporary legal protections intended to ease the transition and encourage broader corporate participation.
In interim measures published Wednesday, the Autorité de la concurrence ordered the Meta to resume talks with two organizations representing French press agencies and publishers after concluding that Meta's conduct may amount to an abuse of a dominant position. The regulator also directed the company to provide, within 15 days, the information that publishers say they need to judge whether Meta's payment offers bear any relationship to the value of the journalism appearing on its services.