Australia’s corporate regulator has taken the unusual step of asking a court to wind up Liberty Bell Bay after the company repeatedly failed to lodge mandatory financial reports and allegedly ignored court orders requiring it to do so.
The UK water regulator Ofwat has proposed a £22.46 million penalty against South East Water, accusing the company of repeated failures that left hundreds of thousands of customers without reliable water supply over several years.
A New Zealand High Court has imposed a $1.3 million (NZD $2.1 million) penalty on ASB Bank after internal process failures resulted in incorrect charges and missed discounts for thousands of customers. The ruling follows enforcement action by New Zealand’s Financial Markets Authority and stems from issues tied to the bank’s insurance products and digital banking services. In total, more than 25,000 customers were affected, prompting ASB to refund approximately $2.9 million (NZD $4.7 million) once the issues were identified.
Poland’s competition and consumer protection authority had a busy year in 2025, issuing hundreds of decisions across sectors ranging from banking and telecommunications to e-commerce and agricultural machinery, and imposing more than $290 million (PLN 1.15 billion) in fines.
Two companies operating in New Zealand’s courier market have been ordered to pay a combined $724,000 USD ($1.225 million NZD) after the country’s competition regulator uncovered cartel conduct involving agreements that restricted competition between courier providers.
Japan’s Fair Trade Commission has opened a new investigation into Microsoft, examining whether the company’s licensing practices around its enterprise software may be steering customers toward its own cloud platform and away from competing services.
The Office of the Comptroller of the Currency has finalized two rule changes aimed at reducing compliance burdens for community banks, eliminating an outdated reporting requirement and expanding streamlined approval pathways for certain corporate activities.