Compliance & Ethics

Hyatt Changes Card Surcharge Practices in Australia Following ACCC Investigation

Hyatt hotels in Australia have revised their card payment surcharge practices after an investigation by the Australian Competition and Consumer Commission (ACCC) found potential issues with how surcharges were applied to debit card payments at the Hyatt Regency Sydney.

Temporary Employment Industry Group Fined €4.52 Million in Portugal Over Worker Hiring Restrictions

Portugal’s competition regulator announced that it has fined the Portuguese Association of Private Employment and Human Resources Companies (APESPE) €4.52 million after concluding the group maintained a no-poach clause that restricted hiring between its member companies for decades.

Adobe Agrees to $150 Million Settlement Over Alleged Subscription Practices That Misled Customers

Adobe has agreed to a proposed $150 million settlement with the U.S. Department of Justice to resolve allegations that the company’s online subscription practices violated federal consumer protection law, marking one of the most prominent enforcement actions to date involving digital subscription models.

SEC Commissioner Calls for Fresh Look at Corporate Disclosure, Proxy Voting, & Tokenized Equity Markets

At a meeting of the SEC’s Investor Advisory Committee on Thursday, Commissioner Mark T. Uyeda outlined a set of policy issues that increasingly sit at the intersection of market innovation and regulatory practicality.

Poland Probes Developers Over Alleged Pressure on Apartment Buyers

Poland’s consumer protection authority has opened formal proceedings against three residential developers following complaints from homebuyers who said they were pressured into accepting new contractual terms after signing purchase agreements.

Thailand’s SEC Moves to Introduce Travel Rule for Digital Asset Transfers as Part of AML Push

Thailand’s Securities and Exchange Commission is attempting to tighten oversight of digital asset transfers, opening a public consultation on proposed “Travel Rule” requirements that would require digital asset businesses to collect and transmit detailed transaction information.

Aetna to Pay $117.7 Million to Settle U.S. Allegations of Inflated Medicare Advantage Claims

Aetna has agreed to pay $117.7 million to resolve allegations that it improperly inflated payments from the federal government by submitting inaccurate diagnosis codes for certain Medicare Advantage enrollees, the U.S. Department of Justice announced Wednesday.