The Federal Court of Australia has ruled that Emma Sleep and Emma Sleep Southeast Asia breached the Australian Consumer Law by promoting products with inflated reference prices and misleading time-limited offers. Each entity was fined $4.9 million (AUD 7.5 million).
The Joint Committee of the European Supervisory Authorities has laid out a year shaped by digital transformation, rising cyber threats, and growing scrutiny of sustainable finance, according to its newly published 2025 annual report.
Italy’s competition watchdog has launched an investigation into Vorwerk over concerns that consumers were left with unusable devices after key digital services were switched off.
Sapia will pay more than £19.6 million to clients of WealthTek after UK regulators found the firm failed to put adequate safeguards around client money, exposing customers to the risk of loss.
In its latest update tied to the European Accessibility Act, the Netherland's Autoriteit Financiële Marktenthe laid out guidance for firms navigating accessibility requirements, while making clear that oversight will intensify in the months ahead. The aim is to ensure that people with disabilities can access and manage financial services independently in an increasingly digital environment.
The European Banking Authority has raised concerns over proposed changes by the European Commission to key technical standards governing how banks calculate operational risk, cautioning that parts of the revisions could undermine consistency and supervisory effectiveness across the EU.
The Polish Office of Competition and Consumer Protection found that provisions used by the events giant created confusion at venue entrances and imposed unfair hurdles on refunds for canceled shows. The regulator has imposed a fine of approximately $3.8 million (PLN 15.3 million) and ordered the company to compensate affected consumers.