The UK Financial Conduct Authority has fined John Wood Group £12,993,700 after concluding the company published misleading financial information in several of its recent earnings announcements.
Japan’s Fair Trade Commission has opened a new investigation into Microsoft, examining whether the company’s licensing practices around its enterprise software may be steering customers toward its own cloud platform and away from competing services.
A brokerage firm owned by Goldman Sachs has agreed to pay a $1.3 million fine after regulators found the firm failed to properly review whether its customers were receiving the best available trade executions.
The Office of the Comptroller of the Currency has finalized two rule changes aimed at reducing compliance burdens for community banks, eliminating an outdated reporting requirement and expanding streamlined approval pathways for certain corporate activities.
A cyberattack on research systems at the University of Hawaiʻi Cancer Center has exposed personal data connected to roughly 1.2 million individuals, according to incident disclosures released by the university in late February.
The UK’s anti-money laundering oversight regime for lawyers and accountants is stronger than it was in 2018. But according to the latest report from the Office for Professional Body Anti-Money Laundering Supervision, it is not yet where it needs to be.
Poland’s highest administrative court has revived a GDPR enforcement case against Fortum Marketing and Sales and its IT provider Pika, siding with the country’s data protection authority and reopening the path for multimillion-złoty fines tied to a 2020 data breach affecting more than 95,000 people.