Hyatt hotels in Australia have revised their card payment surcharge practices after an investigation by the Australian Competition and Consumer Commission (ACCC) found potential issues with how surcharges were applied to debit card payments at the Hyatt Regency Sydney.
Portugal’s competition regulator announced that it has fined the Portuguese Association of Private Employment and Human Resources Companies (APESPE) €4.52 million after concluding the group maintained a no-poach clause that restricted hiring between its member companies for decades.
Macquarie Securities has been ordered to pay about $23 million ($35 million AUD) after Australia’s New South Wales Supreme Court found the firm responsible for years of inaccurate short sale reporting caused by failures in its internal systems and controls.
Italy’s data protection authority has fined Intesa Sanpaolo €17.6 million after concluding that the bank unlawfully processed the personal data of roughly 2.4 million customers while preparing a large-scale transfer of accounts to its digital subsidiary Isybank.
Adobe has agreed to a proposed $150 million settlement with the U.S. Department of Justice to resolve allegations that the company’s online subscription practices violated federal consumer protection law, marking one of the most prominent enforcement actions to date involving digital subscription models.
Sweden’s financial regulator has launched an investigation into Svenska Handelsbanken to determine whether the bank has met its obligations under anti-money laundering rules.
South Korea is set to strengthen its privacy enforcement regime after lawmakers approved amendments to the country’s Personal Information Protection Act (PIPA) that introduce tougher penalties for repeat data breaches, expand the responsibilities of corporate leadership, and require certain organizations to adopt formal security and privacy certification frameworks.