Italy’s antitrust regulator has taken aim at one of the country’s best-known jewellery brands, handing Morellato a €25,895,043 fine for a long-running set of distribution practices that, in the authority’s view, crossed the line from brand control into outright restriction of competition.
South Korea’s Financial Services Commission is tightening oversight of the crypto sector, proposing a set of rule changes that read less like a wholesale rewrite and more like a deliberate effort to close the gaps regulators believe have been quietly undermining the system.
The Federal Trade Commission has issued a warning to some of the world’s largest payment platforms, signaling that access to the financial system is now firmly on the regulator’s radar as a consumer protection issue.
Australia’s overhaul of its anti-money laundering and counter-terrorism financing framework has moved out of consultation mode and into execution, with regulators finalizing the rules that will govern how businesses transition into the new regime.
Poland’s Office of Competition and Consumer Protection has handed down more than $1.88 million (PLN 7,033,289) in fines to companies operating in the renewable energy sector, signaling that the country’s push toward clean energy will not come at the expense of consumer protection.
Italy’s competition regulator has opened two investigations into major players in the cosmetics sector, examining whether marketing practices may have encouraged children and adolescents to use products designed for adults.
The Federal Court has ordered Binance’s Australian derivatives arm to pay a $6.5 million penalty (AUD $10 million) after widespread failures in its client onboarding processes exposed hundreds of retail investors to high-risk crypto products.