The U.S. Department of the Treasury’s Office of Foreign Assets Control has reached a $1,720,000 settlement with IMG Academy, concluding a case that stretches across five academic years and nearly 90 transactions tied to individuals sanctioned under U.S. counternarcotics laws.
The European Central Bank has fined J.P. Morgan €12.18 million after concluding the bank misreported key risk figures used to calculate its capital requirements over several years.
The Italian Competition Authority has opened two fresh investigations and launched a separate moral suasion action over alleged ambush marketing linked to the 2026 Olympic and Paralympic Winter Games. The move comes shortly after interim measure proceedings involving Harmont & Blaine, a case we previously covered concerning suspected unauthorized references to the Games in commercial advertising.
At a time when households are still feeling the strain of rising costs and businesses are navigating rapid technological change, the Australian Competition and Consumer Commission has set out a compliance and enforcement agenda designed to steady the ground beneath both.
Sweden’s financial watchdog has formally reprimanded Samhällsbyggnadsbolaget (SBB), concluding that the property group’s 2021 consolidated financial statements painted a rosier picture than reality allowed.
On a narrow strip of land between River Rouge and Detroit, heavy industry has shaped the skyline for generations. This week, it also shaped a major federal court ruling. The U.S. District Court for the Eastern District of Michigan has ordered DTE Energy Company and three related entities to comply with the Clean Air Act and pay a $100 million civil penalty tied to sulfur dioxide emissions from the EES Coke facility on Zug Island.
Poland’s competition and consumer protection authority has launched proceedings against HBO Europe, alleging that the streaming provider may have infringed the collective interests of consumers by unilaterally restricting access to its service on certain devices while subscriptions remained active.