MOSCOW—A Moscow court on Friday said it was fining Alphabet’s Google 7.2 billion roubles ($98 million) for what it said was a repeated failure to delete content Russia deems illegal, the first revenue-based fine of its kind in Russia. Moscow has increased pressure on big tech this year in a campaign that critics characterize as…
Russian Court Fines Alphabet’s Google 7.2 Billion Roubles
December 24, 2021
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Workers in Wales Could Face £60 Fine for Going Into Office Under New Covid Rules
Workers in Wales could be fined £60 for going to their office under new coronavirus law if they are able to work from home. The Welsh Government has amended legislation to make attending a workplace unnecessarily a criminal offence, amid the spread of the Omicron variant. However, people in Wales are still allowed to leave…
StanChart Fined $61.5 Million for Misreporting Liquidity Position
LONDON—The Bank of England said on Monday it was fining Standard Chartered 46.55 million pounds ($61.51 million) for misreporting its liquidity position to the regulator and for failings in its controls. The Prudential Regulation Authority (PRA) said the fine related to when the regulator was concerned from late 2017 about a “heightened risk” of U.S….
Northern Territory Vaccine Mandates Come Into Force
Northern Territory (NT) workers who interact with the public have been told to get their first COVID-19 vaccination by the end of Friday, Nov. 12 or risk a $5,000 fine. According to Chief Health Officer’s (CHO) health direction No.55, the COVID-19 vaccination is now mandatory for any worker or volunteer who has contact with the public…
German Watchdog BaFin Orders N26 to Pay $5 Million Fine
FRANKFURT—German financial regulator BaFin ordered online bank N26 to pay 4.25 million euros ($4.98 million) for delayed reports of suspicious activity in 2019 and 2020 in the area of anti-money laundering, the bank said in a statement. N26 said the fine was paid in full on July 14, adding all related proceedings have been closed….
South Korea Fines Google $177 Million for Blocking Android Customisation
September 14, 2021
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SEOUL—South Korea’s antitrust regulator has fined Alphabet Inc’s Google 207 billion won ($176.64 million) for blocking customised versions of its Android operating system (OS), in the U.S. technology giant’s second setback in the country in less than a month. The Korea Fair Trade Commission (KFTC) said on Tuesday Google’s contract terms with device makers amounted…
Wells Fargo Hit With New $250 Million Fine for Failure to Pay Back Wronged Customers
WASHINGTON—A top U.S. banking regulator fined Wells Fargo $250 million and placed new restrictions on the bank’s business after finding shortcomings in its earlier efforts to pay back customers it had previously harmed. The Office of the Comptroller of the Currency said the bank had not met the requirements of a 2018 consent order, when…
Florida to Start Fining Businesses $5,000 for Violations of Vaccine Passport Ban
September 3, 2021
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The Florida Department of Health has issued a notice indicating it will start issuing $5,000 fines to businesses, schools, and government agencies that require Floridians to show proof of COVID-19 vaccination. The health department rule, which goes into effect on Sept. 16, details the penalties that businesses and other entities, including nonprofits, face for violating section…
Ofcom Fines Chinese Broadcaster Over Forced Confession Programs
UK broadcast regulator Ofcom has fined a Chinese state broadcaster a further £200,000 ($273,000) over two programs aired in the UK that contained forced confessions. CGTN, previously known as CCTV, is an international English-language satellite news channel owned by the Chinese regime and directly controlled by the Chinese Communist Party (CCP). Ofcom revoked CGTN’s broadcast…
Amazon Hit With Record EU Data Privacy Fine
Amazon.com Inc has been hit with a record $886.6 million (746 million euros) European Union fine for processing personal data in violation of the bloc’s GDPR rules, as privacy regulators take a more aggressive position on enforcement. The Luxembourg National Commission for Data Protection (CNPD) imposed the fine on Amazon in a July 16 decision,…
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