ING Belgium has agreed to pay a €1.6 million settlement in connection with a Belgian money laundering investigation tied to former European Commissioner Didier Reynders, as prosecutors sharpen scrutiny on how financial institutions handle suspicious transactions involving politically exposed figures.
The Danish Data Protection Agency has ordered Aalborg Municipality to bring its handling of personal data into compliance with data protection rules, after an investigation found the municipality had failed to delete information it no longer had a legal basis to retain.
The U.S. Securities and Exchange Commission has moved to expand its ongoing case tied to Twitter, adding a trust associated with Elon Musk while simultaneously signaling a potential end to the litigation.
Ireland’s Data Protection Commission has opened a formal inquiry into Infinite Styles Services, the Irish entity of SHEIN, examining how it transfers the personal data of EU and EEA users to China.
Senior figures from across Canada's audit ecosystem recently gathered for a roundtable co-hosted by the Office of the Superintendent of Financial Institutions, the Canadian Public Accountability Board, and the Canadian Securities Administrators. Around the table were representatives from audit firms, accounting professional bodies, standard setters, and regulatory authorities, all working through a shared concern on how to maintain confidence in financial reporting as the underlying risk environment becomes harder to read.
The European Securities and Markets Authority is untangling one of the more persistent challenges in European financial regulation, how to make reporting simpler without losing the data regulators rely on.
The Federal Trade Commission is moving to restrict how one of the data broker industry’s more prominent players handles location data, proposing a settlement that would prohibit Kochava and its subsidiary Collective Data Solutions from selling or sharing sensitive location information unless consumers have clearly agreed to it.