The USA's consumer watchdog is taking new steps to rein in financial companies that repeatedly violate the law. On Monday, the Consumer Financial Protection Bureau (CFPB) finalized rules to create a public registry of non-bank firms that engage in illegal practices like predatory lending, deceptive fees and other consumer abuses.
Environmental, social, and governance (ESG) considerations are becoming more deeply ingrained across all stages of the mergers and acquisitions (M&A) lifecycle, according to the results of Deloitte's 2024 ESG in M&A trends survey.
Live Nation Entertainment, the global entertainment and ticketing giant, has fallen victim to a cyber attack where company data was accessed and stolen by a criminal hacker. The company disclosed the incident in a regulatory filing.
The European Union has adopted a sweeping package of new anti-money laundering (AML) rules aimed at better protecting the bloc's financial system from illicit funds and terrorist financing. The stricter regulations will harmonize enforcement across member states and introduce more stringent requirements for certain sectors.
In today's globalized economy, supply chains span continents, connecting a vast network of suppliers, manufacturers, and distributors. While this intricate web fuels economic growth, it also introduces significant risks, including the often-overlooked issue of workforce exploitation. As regulators tighten scrutiny and consumers demand ethical sourcing, organizations must prioritize labor rights throughout their supply chain.
As organizations increasingly rely on software-as-a-service (SaaS) solutions to power their operations, the need to secure sensitive data has become paramount. While SaaS providers offer convenience and scalability, they often fall short in providing robust data protection measures, leaving the onus on businesses to safeguard their critical information.
The U.S. Department of Labor has filed a federal complaint against Hyundai Motor Manufacturing Alabama LLC and two of its suppliers, accusing the companies of employing oppressive child labor and seeking to stop their illegal use of underage workers.