fines

FinCEN’s AML Probes Identify Customer Due Diligence Deficiencies
FinCEN’s AML Probes Identify Customer Due Diligence Deficiencies
April 01, 2022  |  AML

The Financial Crimes Enforcement Network (FinCEN) has imposed more than $600 million in fines for anti-money laundering (AML) violations in just 14 months (from January 2021...

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French Court Fines Google $2M for ‘Abusive’ Developer Practices
French Court Fines Google $2M for ‘Abusive’ Developer Practices
March 29, 2022  |  Regulation

A French court has fined Google $2.2 million (€2 million) for what the country’s government has described as “abusive” dealings with developers on its app...

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Apple Now Faces $55M in Fines From Dutch Regulators Over Dating App Payments
Apple Now Faces $55M in Fines From Dutch Regulators Over Dating App Payments
March 28, 2022  |  Apple

The Authority for Consumers and Markets (ACM), the Dutch antitrust watchdog, has now hit Apple with €50 million ($55 million) in fines related to the...

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Dutch Regulator Says Apple Still Not Compliant on Dating App Payment
Dutch Regulator Says Apple Still Not Compliant on Dating App Payment
March 25, 2022  |  Apple

Apple will likely be smacked with another fine next week for not complying with an order by Dutch antitrust watchdog Authority for Consumers and Markets...

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Apple Proposes Solution to Dating App Violations Amid Fines
Apple Proposes Solution to Dating App Violations Amid Fines
March 21, 2022  |  Apple

One month after a Dutch regulator levied another fine against Apple for its failure to provide alternative payment methods on its dating apps, the tech...

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FinCEN Announces $140M Fine Against USAA FSB for Violations of Bank Secrecy Act
FinCEN Announces $140M Fine Against USAA FSB for Violations of Bank Secrecy Act
March 17, 2022  |  Bank Regulation

The Financial Crimes Enforcement Network (FinCEN) has announced a $140 million civil money penalty against USAA Federal Savings Bank for “willful violations” of the Bank...

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Meta Fined $18.6M Over Facebook Data Breach
Meta Fined $18.6M Over Facebook Data Breach
March 15, 2022  |  Meta

Meta Platforms has been fined 17 million euros ($18.6 million) for violating the European Union’s privacy regulations by failing to prevent data breaches on its...

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SEC: Alumni Ventures Group Misled Investors
SEC: Alumni Ventures Group Misled Investors
March 04, 2022  |  Legal

The Securities and Exchange Commission has charged venture capital fund adviser Alumni Ventures Group, LLC (AVG) and its CEO with making misleading statements about its...

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Barclays Faces $1M Penalty Over Payments Firm Collapse
Barclays Faces $1M Penalty Over Payments Firm Collapse
February 28, 2022  |  International

Barclays Bank Plc has been fined 783,800 pounds ($1 million) by the United Kingdom’s financial regulatory body for its failure to oversee Premier FX, the...

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