In a massive shift in federal climate policy, the U.S. Environmental Protection Agency finalized a rule repealing the 2009 Greenhouse Gas Endangerment Finding and rolling back federal greenhouse gas emission standards for light, medium, and heavy-duty vehicles.
Italy’s competition watchdog has turned its attention to the beauty aisle. The Italian Competition Authority has launched an investigation into Procter & Gamble amid concerns that advertising for the Braun Skin i-Expert IPL hair removal device may have gone too far in promising long-lasting results.
Farmers’ Mutual Group (FMG) has admitted to breaching fair dealing provisions under New Zealand’s Financial Markets Conduct Act after an investigation by the country’s financial regulator. The Financial Markets Authority’s inquiry, which followed a self-report by FMG, focused on two long-running issues affecting tens of thousands of policyholders.
Europe’s long-promised reset of anti-money laundering supervision is moving from legislative text to lived reality. Speaking in Frankfurt on Tuesday, Claudia Buch, Chair of the Supervisory Board of the European Central Bank, used a policy workshop to lay out what the arrival of the European Anti-Money Laundering Authority actually means in practice.
For millions of users, losing access to a Facebook or Instagram account is not a minor inconvenience. It can mean lost sales, reputational damage, or private messages falling into the wrong hands. And when that happens, speed matters. That urgency is at the center of new charges brought by Urząd Ochrony Konkurencji i Konsumentów against Meta Platforms, the company that manages Facebook and Instagram in Europe.
A Dutch court has trimmed a multimillion-euro fine imposed on a crypto service provider for operating in the Netherlands without the legally required registration, in a case that continues to test how aggressively regulators can enforce anti-money laundering rules against the crypto sector.
Hong Kong’s securities regulator has taken disciplinary action against Kylin International, fining the firm about $1.15 million (HK$9 million) for a series of compliance and governance failures tied to its management of private funds.