The Bank of England has recently fined Vocalink Limited £11.9 million for failing to comply with a formal direction aimed at strengthening its risk and control framework, marking the first time the central bank has levied a fine against a financial market infrastructure firm under the Banking Act 2009.
The U.S. Department of Justice’s Antitrust Division recently announced a new Whistleblower Rewards Program in partnership with the United States Postal Service. The initiative marks the first time the Antitrust Division will offer financial incentives to individuals who report antitrust crimes and related offenses — with potential rewards reaching up to 30% of the criminal fines recovered in applicable cases.
Japan’s Financial Services Agency (FSA) has released a new report capturing the latest efforts by the country’s financial institutions to manage climate-related risks, showing steady progress but also ongoing struggles with turning sustainability ambition into practical, measurable action.
Stantec Inc., a Canadian-based environmental and engineering firm, has agreed to pay $4 million to settle allegations that it violated the False Claims Act by submitting, or causing others to submit, false certifications in applications for U.S. Environmental Protection Agency (EPA) Brownfields Assessment Grants.
The UK’s Financial Conduct Authority (FCA) has fined Monzo Bank £21,091,300 for serious and repeated failures in its financial crime controls, citing deficiencies in the digital bank’s customer onboarding, risk assessment, and transaction monitoring systems between 2018 and 2022.
The French financial markets regulator, the Autorité des Marchés Financiers (AMF), has published its 2025 Markets and Risk Outlook, painting a picture of resilience tempered by deepening volatility, persistent geopolitical tensions, and growing operational and cyber threats.
The U.S. Securities and Exchange Commission (SEC) and SolarWinds Corp. have reached a tentative agreement to settle the high-profile lawsuit stemming from the Russia-linked Sunburst cyberattack, Reuters first reported Wednesday.