The European Banking Authority (EBA) has reported substantial improvements in how EU and EEA Member States supervise banks for money laundering and terrorist financing risks, marking the conclusion of a six-year review project.
NAVEX partnered with The Harris Poll to survey nearly 1,000 risk and compliance professionals globally about their R&C programs. The survey was conducted between April-May 2025, representing professionals from various industries and organization sizes globally
Insurance giant IAG New Zealand Limited has been ordered to pay a pecuniary penalty of $11.6 million (NZD 19.5 million) after admitting to widespread fair dealing breaches, marking one of the most significant enforcement outcomes in New Zealand’s financial services sector.
It turns out broadband speed isn’t just about how fast your Netflix loads, it’s also about trust. Australia’s Federal Court has ordered Telstra to pay $11.6 million (AUD 18 million) after the telecom giant quietly shifted nearly 9,000 Belong customers onto lower upload speed plans without so much as a heads-up.
Chinese regulators have ordered S&P Global’s mainland credit ratings unit to “rectify” its business practices, marking the latest escalation in Beijing’s ongoing crackdown on the country’s credit ratings industry. The move, reported by the Financial Times, reflects mounting concerns over low fees, inconsistent ratings, and the prevalence of top-tier grades in China’s corporate bond market.
Greystar Real Estate Partners, the nation’s largest residential property manager, has agreed to a $50 million settlement to resolve allegations that it conspired with competitors to keep apartment rents artificially high using RealPage’s widely scrutinized pricing software. The settlement, filed in federal court in Nashville, forms the largest share of a wave of preliminary agreements now totaling more than $141 million, according to Reuters.
Velocity Clearing, LLC has agreed to pay a $1 million penalty and bring in an independent consultant after FINRA uncovered sweeping failures in how the firm monitored for manipulative trading. The New Jersey-based broker-dealer, which has been a FINRA member since 2003, signed a settlement through a Letter of Acceptance, Waiver, and Consent (AWC), avoiding a formal disciplinary hearing.