The EU fined Temu €200 million for failing to assess risks of illegal products like hazardous baby toys and faulty chargers. This second DSA penalty highlights enforcement against Chinese marketplaces and demands better systemic safeguards.…
The Nevada Gaming Commission sued the company over its sports event contracts, and the platform was briefly barred from operating in the state earlier this year, according to Barron’s.
US Treasury Secretary Scott Bessent met with insurance regulators to talk about their exposure to private credit as the increasingly complex ties between the two sectors fuels mounting regulatory scrutiny.
Financial regulators in Ecuador have launched a joint probe into possible money laundering at Banco Guayaquil, the nation’s third-biggest bank by net profit.
The DMA, which took effect in May 2023, currently applies to companies including Alphabet, Amazon, Apple, Booking.com, ByteDance, Meta, and Microsoft. These firms are designated as gatekeepers,...
The newly adopted regulations aim to reshape how casinos structure their compliance programs, oversee employees and monitor outside agents who bring in high-value gamblers.
How often do businesses in Asia-Pacific face costly fines, internal stress, and reputational damage from API security incidents? Read the survey results.
Uber still faces close scrutiny by regulators worldwide as it mends its ways while ceding market share to rivals, says Wharton’s John Paul MacDuffie.…Read More
Investors and customers once tolerated Uber’s skirmishes with regulators as the price one pays for innovation. But that may no longer be so. …Read More
The latest regulatory actions on two investment banks over lapses in high-frequency trading reveal that settlements hinder the development of laws, say experts.…Read More
When are investors like termites? When they are trying to avoid government rules. And that is one reason a host of new regulations won't prevent a crisis like the subprime housing mess from happening again, according to a speaker at the recent annual…
