South Korean e-commerce giant Coupang has announced a compensation package worth $1.18 billion (SKW 1.69 trillion), according to Reuters, for users affected by one of the country’s largest data breaches, but the plan has quickly become the latest flashpoint in an escalating political and regulatory backlash.
The Federal Trade Commission has moved to reopen and set aside a 2024 final consent order against AI writing company Rytr, concluding that the original enforcement action failed to meet the legal standards of the FTC Act and imposed unnecessary constraints on artificial intelligence innovation.
The European Banking Authority has quietly but meaningfully updated the rulebook that governs how EU supervisors share sensitive information with their counterparts outside the bloc. In revised Guidelines published on December 22, 2025, the EBA strengthened its framework for assessing whether third-country confidentiality and professional secrecy regimes meet EU standards, an essential precondition for effective cross-border supervisory cooperation.
On December 22, Kathy Hochul signed the Responsible AI Safety and Evaluation Act, or RAISE Act, setting what state leaders describe as a nation-leading standard for transparency and accountability among developers of so-called frontier AI models. The legislation requires large AI developers to publicly document their safety practices and to notify the state within 72 hours when serious harm linked to their systems is identified.
The Federal Trade Commission is sending a message to companies that play fast and loose with online reviews. FTC staff issued warning letters to 10 companies, flagging potential violations of the agency’s relatively new Consumer Review Rule, which targets fake, misleading, and manipulated product reviews.
Italy’s competition watchdog has hit Ryanair with a €255.76 million fine, jointly and severally with its parent Ryanair Holdings plc, after concluding that the airline abused its dominant position in the market for passenger air transport services to and from Italy.
The U.S. Treasury is leaning harder into data, technology, and coordination as it steps up efforts to disrupt money laundering tied to organized crime and cross-border networks. This week, the Financial Crimes Enforcement Network announced a sweeping, data-driven operation focused on money services businesses operating along the southwest border, which is an initiative that shows how aggressively the department is now using financial intelligence to drive enforcement.