UK water regulator Ofwat has proposed a £44.7 million enforcement package against Dŵr Cymru Welsh Water following an investigation that uncovered what it described as serious breaches in how the company operated and maintained parts of its wastewater system.
The European Commission and the European Data Protection Board (EDPB) have published the responses received during a public consultation on draft guidelines designed to clarify how two cornerstone pieces of EU digital regulation (the Digital Markets Act (DMA) and the General Data Protection Regulation (GDPR) should interact in practice.
Thailand’s Securities and Exchange Commission is attempting to tighten oversight of digital asset transfers, opening a public consultation on proposed “Travel Rule” requirements that would require digital asset businesses to collect and transmit detailed transaction information.
Poland’s competition authority has launched an investigation into the practices of the country’s electricity transmission system operator after complaints from renewable energy producers raised concerns about how generation curtailments are being applied across the market.
Chevron has agreed to pay just over $1 million to settle allegations that it violated the Clean Air Act’s Renewable Fuel Standard program by generating and selling renewable fuel credits that should never have entered the market.
Italy’s data protection authority has fined energy supplier Acea Energia €2 million after an investigation found that contracts for electricity and gas services were activated without customers’ knowledge, following failures in how the company and its sales partners handled personal data.
A new risk monitoring report from the European Securities and Markets Authority suggests that despite resilient market performance in the latter half of last year, the conditions that could trigger market stress have not disappeared. If anything, they are becoming more complex.