Finnair is facing a big setback in a long-running antitrust investigation after Finland’s competition authority accused the airline of repeatedly providing misleading and incomplete information during the early stages of the case.
Cbus, one of Australia’s biggest superannuation funds, has been hit with a $23.5 million penalty after the Federal Court found the trustee failed to process thousands of death and disability insurance claims in a reasonable time, in some cases leaving families waiting more than a year for decisions at moments when they needed answers most.
Comunicaciones Celulares (better known as Comcel), the company behind TIGO Guatemala, has wrapped up a Foreign Corrupt Practices Act investigation that has managed to outlast joint-venture partners, ownership structures, and even an earlier DOJ case closure. The company’s newly finalized deferred prosecution agreement brings more than $118 million in fines and forfeiture, and a close to a decade-long saga that proves, once again, that FCPA matters rarely fade quietly into the night just because companies hope they will.
One of the nation’s largest bedside wound-care providers will pay $45 million to resolve federal allegations that it routinely billed Medicare for procedures that were unnecessary, and in some cases, never performed.
The global anti–money laundering community saw another shift this fall as the Financial Action Task Force (FATF) updated its lists of jurisdictions with strategic deficiencies. FinCEN, which acts as the United States’ financial intelligence unit, issued a notice on Friday advising U.S. financial institutions to take these changes into account as they review their risk-based controls and international relationships.
The Federal Energy Regulatory Commission is taking stock of a busy year in enforcement, releasing its nineteenth Annual Report on Enforcement with a clearer picture of how the agency spent FY2025 policing the country’s natural gas and electricity markets.
The Commodity Futures Trading Commission and 30 state securities regulators have secured more than $51 million in sanctions and restitution in a long-running precious metals fraud case that targeted older investors across the country.