When you’re seeking help for substance use disorder, the last thing you need is to be misled. But that’s exactly what Evoke Wellness, a Florida-based treatment clinic, was accused of doing in a deceptive advertising scheme that spanned Google search ads and telemarketing.
Americas Securities has reached a settlement with FINRA after admitting to multiple rule violations related to inaccurate trade reporting and supervisory failures. Under the terms of the settlement, the firm has agreed to pay a $275,000 fine and accept a censure.
The European Commission is once again raising the stakes in the fight against financial crime by updating its list of high-risk countries. These jurisdictions, which exhibit significant gaps in their anti-money laundering (AML) and countering the financing of terrorism (CFT) frameworks, will now face increased scrutiny from EU financial institutions.
The U.S. Department of Justice (DOJ) just announced that it will resume its foreign-bribery investigations, but with a narrowed focus aimed at protecting American businesses' ability to compete on the global stage and safeguarding national security. This decision follows a four-month review prompted by an executive order from President Trump, which had paused such investigations earlier this year.
As the global economy continues to navigate the aftershocks of Russia's invasion of Ukraine and the global trade war, Norway's financial system remains relatively stable but not without challenges. Despite moderate growth over the past two years, the Norwegian economy is confronting mounting uncertainties. Inflation and interest rate hikes have presented significant challenges, while high household debt and property price imbalances continue to pose risks to the financial sector.
AI is everywhere, and its presence is only growing, shaping how we interact online. For Ofcom, the UK’s communications regulator, this presents both an exciting opportunity and a challenge in how to support the incredible potential of AI while keeping the public safe from its risks.
In a move that reflects both urgency and foresight, the European Union has adopted a revised Cybersecurity Crisis Management Blueprint. The newly updated framework, approved by EU Member States at a recent Council meeting, aims to fortify the Union’s ability to handle large-scale cyber incidents and crises. It’s a response to a growing reality of cyber threats evolving faster than ever, and the Union needs a well-coordinated plan to face these challenges head-on.