A Federal Court in Australia has recently ordered National Australia Bank (NAB) and its subsidiary, AFSH Nominees Pty Ltd (AFSH), to pay a combined $15.5 million in penalties after failing to meet legal obligations to customers facing financial hardship.
Liberty Mutual has agreed to pay back $4.7 million in profits to the U.S. government to settle a Foreign Corrupt Practices Act case involving bribes in India, a resolution that’s as much about politics and policy shifts in Washington as it is about corporate compliance in Mumbai.
When Congress rolled out the Paycheck Protection Program in the early, chaotic days of the pandemic, the intent was simple: get cash to struggling American businesses fast enough to keep people on payrolls. What it wasn’t designed for was multinational auto parts suppliers backed by the government of the People’s Republic of China.
The Reserve Bank of India (RBI) has thrown open the conversation on how artificial intelligence should shape the future of Indian finance and, importantly, how it shouldn’t.
Match Group, the company behind Match.com, OkCupid, PlentyOfFish, The League, and other dating platforms, will pay $14 million and make sweeping changes to its business practices to settle Federal Trade Commission charges that it misled consumers and made it unnecessarily difficult to cancel subscriptions.
If there’s one thing regulators don’t like, it’s being ignored. And in Hong Kong, if you try to duck the calls of the market watchdogs, they’ll make sure everyone knows.
Extreme weather is no longer an abstract headline, it’s becoming a lived experience for much of the world. Deloitte’s latest Sustainability Signals survey shows that more than half of people globally have faced events like intense summer heat, flooding, or powerful storms in the past few years, with these encounters strongly shaping attitudes, spending habits, and workplace expectations.