Compliance & Ethics

The Norway Financial Supervisory Authority (Finanstilsynet) has republished a warning, originally issued by the UK Financial Conduct Authority (FCA), about a clone of an FCA-authorized firm operating as "6 Trinity Street Investment Club." Clone firms use the identity of legitimate authorized entities to defraud investors, so compliance teams should update screening controls and client-facing fraud alerts.

The Norway Financial Supervisory Authority (Finanstilsynet) has published a warning about "Choice Finance UK," which the UK Financial Conduct Authority (FCA) has identified as a clone of an FCA-registered firm. Compliance teams should treat the entity as a likely fraud vehicle and update screening and client-protection controls accordingly.

De Nederlandsche Bank (DNB) took part in a House of Representatives roundtable on September 2, 2026, discussing tax-related obstacles to a well-functioning Dutch housing market. The event imposes no new requirements, but DNB's position paper signals supervisory and policy thinking that could influence mortgage-related tax policy and, in turn, credit risk and lending conditions. Compliance teams should treat it as a horizon-scanning item.

A warning concerning the website frabetholding.com has been published, with the source link pointing to the Swiss Financial Market Supervisory Authority (FINMA) warning list. Compliance teams should treat the entity as unauthorized and potentially fraudulent, and screen client and counterparty activity for any connection to it.

The Federal Communications Commission has proposed more than $10 million in fines against two telecommunications providers accused of submitting improper reimbursement claims under a federal program that helps low-income Americans pay for phone and internet service.

German engine manufacturer Deutz has been fined approximately $1.2 million (DKK 8 million) by Copenhagen City Court for violating Danish competition law in a dispute over spare parts for IC3 trains that has spent more than a decade before the courts.

Poland's competition authority has raised formal objections against four companies in Google's corporate group, alleging that the technology giant may have abused its dominant market position by withholding information from press publishers negotiating payment for the use of their articles.