The European Commission is moving to scale back the complexity of the EU’s sustainability reporting regime, unveiling proposed revisions to the European Sustainability Reporting Standards that officials say will sharply reduce compliance burdens for businesses without dismantling the broader goals of the Corporate Sustainability Reporting Directive.
The UK’s financial regulator has opened a competition investigation into arrangements tied to PayPal’s digital wallet, placing three of the biggest names in global payments under fresh scrutiny as regulators continue to examine the growing power and structure of digital payment ecosystems.
At the height of the pandemic, federal broadband subsidy programs became a lifeline for millions of Americans struggling to stay connected for work, school, healthcare, and daily life. Now, years later, one of the wireless companies that participated in those programs is facing a multimillion-dollar reckoning over how some of those enrollments were handled.
Australia’s corporate regulator has issued nearly $518,000 (AUD $792,000) in infringement notices to companies within the Australian Canva Group, escalating its push against late financial reporting as part of a broader 2026 enforcement campaign.
Hungary’s data protection authority has opened an investigation into a major reported data leak involving Mediaworks Hungary Zrt., after hackers allegedly stole and published millions of files containing sensitive personal information on the dark web.
Singapore’s efforts to combat money laundering, terrorism financing, and proliferation financing received a strong endorsement Wednesday from the Financial Action Task Force, with the global watchdog concluding that the country maintains a “robust and effective” financial crime framework.
ING Belgium has agreed to pay a €1.6 million settlement in connection with a Belgian money laundering investigation tied to former European Commissioner Didier Reynders, as prosecutors sharpen scrutiny on how financial institutions handle suspicious transactions involving politically exposed figures.