Compliance & Ethics

Walmart to Pay $100 Million Over Spark Driver Earnings Claims After FTC & State Action

Walmart has agreed to a $100 million judgment to settle allegations that it misled gig workers about how much they would earn delivering orders through its Spark Driver platform, closing out a case brought by the Federal Trade Commission and 11 states.

Malta’s 2026 Supervisory Agenda Puts Financial Crime & Consumer Outcomes Front & Center

In its Supervisory Priorities for 2026, the Malta Financial Services Authority outlines a roadmap that leans heavily into financial crime compliance and consumer protection, while continuing to track digital transformation and cross-border risks. The document reflects a regulator balancing two pressures at once: keeping pace with sweeping EU reforms and reinforcing domestic standards across a diverse financial services landscape.

ASIC’s Enforcement Surge Delivers $230.9 Million in Penalties & $385.1 Million in Customer Returns

New figures released by Australian Securities and Investments Commission show that between July and December 2025, the watchdog secured $230.9 million (AUD $349.8 million) in court-ordered civil penalties, the highest six-month total in its history. Over the same period, its actions set in motion $385.1 million (AUD $583 million) in refunds, remediation payments, and investor returns.

CNMC Says Apple & Amazon Delayed Compliance With 2023 Antitrust Order

Spain’s competition authority is once again turning its attention to Apple and Amazon, and this time not for the original conduct that led to a €194 million fine, but for what it says was a failure to stop it quickly enough.

Ofcom Sends Clear Warning With £1.4 Million Fine Over Missing Age Checks

Ofcom has announced it has fined adult content provider 8579 LLC a total of £1.4 million for failing to put age checks in place, as required under the Online Safety Act.

Swedbank Faces Regulatory Review Over Customer Due Diligence Controls

Sweden’s financial watchdog has opened a fresh investigation into Swedbank, this time zeroing in on whether the bank has complied with money laundering regulations, and, more specifically, whether it has done enough to truly know its customers.

SEC Wins Default Judgment Against Bluesky Eagle Capital Management Over False SEC Filings

A federal judge in Manhattan has handed the U.S. Securities and Exchange Commission a win in its case against purported investment adviser Bluesky Eagle Capital Management, entering a final judgment by default after the firm failed to defend itself against allegations that it made material misrepresentations in an SEC filing.