Browsing: fines

ASIC has issued over $4.3 million in infringement notices to 22 companies for alleged failure to lodge financial reports on time for FY25.

Anti-money laundering program deficiencies at Stockholm-based Skandinaviska Enskilda Banken came to light following the 2016 Panama Papers leak that ensnared hundreds of banks.

The US Treasury Department said Tuesday that it is imposing penalties of more than $1.2 billion on Bank of America, citing “violations of anti-money laundering and sanctions laws.”

Ireland’s data protection watchdog, acting on behalf of the European Union, said Monday it had fined Google 403 million euros ($462 million) for improperly using users’ location data, eight years after consumer groups complained.

Korea’s privacy regulator is sharply raising the cost of data breaches, aiming to push companies to treat data protection as a preventive investment rather than a routine cost of doing business.

France’s data protection authority has handed down a €500,000 ($580,000) fine against a private hospital in Saint-Étienne after a 2025 cyberattack exposed medical and personal data tied to more than 727,000 people. The CNIL announced the penalty against Hôpital Privé de la Loire on September 3, 2026, closing out a year-long investigation into how an…

The Central Consumer Protection Authority (CCPA) imposed Rs. 1 Lakh fine on Amazon Seller Services Private Limited publishing “misleading advertisements” permitting listing and sale of commercially produced sweets under the false and misleading label of ‘Shri Ram Mandir Ayodhya Prasad’.