Compliance & Ethics

A Federal Court ruling against Telstra Super has delivered one of the clearest judicial warnings yet to Australia’s financial services sector that poor complaint handling can carry real regulatory consequences. The decision found that Telstra Super failed to comply with mandatory internal dispute resolution requirements after mishandling a substantial number of member complaints over more than a year.

The Office for the Protection of Competition has fined HP Tronic approximately $1.7 million (CZK 38,971,000) for entering into prohibited agreements that restricted competition across the household appliances and electronics sector, according to a decision announced Tuesday.

The UK’s financial regulator has opened a competition investigation into arrangements tied to PayPal’s digital wallet, placing three of the biggest names in global payments under fresh scrutiny as regulators continue to examine the growing power and structure of digital payment ecosystems.

At the height of the pandemic, federal broadband subsidy programs became a lifeline for millions of Americans struggling to stay connected for work, school, healthcare, and daily life. Now, years later, one of the wireless companies that participated in those programs is facing a multimillion-dollar reckoning over how some of those enrollments were handled.

Australia’s corporate regulator has issued nearly $518,000 (AUD $792,000) in infringement notices to companies within the Australian Canva Group, escalating its push against late financial reporting as part of a broader 2026 enforcement campaign.

Singapore’s efforts to combat money laundering, terrorism financing, and proliferation financing received a strong endorsement Wednesday from the Financial Action Task Force, with the global watchdog concluding that the country maintains a “robust and effective” financial crime framework.

ING Belgium has agreed to pay a €1.6 million settlement in connection with a Belgian money laundering investigation tied to former European Commissioner Didier Reynders, as prosecutors sharpen scrutiny on how financial institutions handle suspicious transactions involving politically exposed figures.