The Financial Crimes Enforcement Network (FinCEN) issued a release pausing enforcement measures under the Corporate Transparency Act (CTA), including fines or penalties, for failure to file or update the beneficial ownership information... Read more »
The Consumer Financial Protection Bureau issued a consent order against Global Tel Link Corporation and its subsidiaries for engaging in unfair payments practices in violation of the Consumer Financial Protection Act that... Read more »
The Consumer Financial Protection Bureau issued a consent order against Navy Federal Credit Union for engaging in unfair acts and practices in violation of the Consumer Financial Protection Act for charging illegal... Read more »
The Consumer Financial Protection Bureau entered consent orders with Apple Inc. and Goldman Sachs Bank USA for violations of the Consumer Financial Protection Act and Truth in Lending Act related to the... Read more »
The U.S. Securities and Exchange Commission (SEC) in recent years has taken an aggressive stance against employers over employment agreements that the agency believes impede its whistleblower program—as highlighted by a $10... Read more »
Quick Hits The SEC fined an employer $10 million in a settlement over charges that nondisclosure and confidentiality agreements impeded reporting of potential securities law violations. The settlement is part of a... Read more »
The UK-based Guardian newspaper released an exclusive report Friday revealing that Transport for London (TfL) issued fines to thousands of EU drivers by illegally obtaining their personal information in what is being... Read more »
Australia’s eSafety Commissioner issued social media platform X (formerly known as Twitter) with an infringement notice today for $610,500, for falling short in tackling child sexual abuse and cooperating with a probe... Read more »
The Irish Data Protection Commission (DPC) announced on Friday a €345m million fine against social media giant TikTok for severe breaches of data protection regulations. The DPC’s investigation into TikTok’s practices was... Read more »
Related Practices & Jurisdictions Thursday, September 14, 2023 The Security and Exchange Commission (“SEC”) continues to aggressively enforce its whistleblower program under the Biden Administration. As we have reported (here and here), the SEC... Read more »