Kia Motor and Hyundai Motor’s US units on Sunday agreed to a record $210 million civil penalty after US auto safety regulators announced they failed to recall 1.6 million vehicles for engine issues in a timely manner.
A South Korean watchdog group that protects personal information in the country fined Facebook $6.06 million on Wednesday morning and even sought a criminal probe for providing users’ personal data to other operators without any consent.
JPMorgan has agreed to pay a $250 million civil money penalty after failing to “maintain adequate internal controls and internal audit” over its asset and wealth management division, the New York-based banking giant said on Tuesday.
United Kingdom’s financial regulator fined currency options broker TFS-ICAP $4.6 million on Monday afternoon for routinely reporting fake trades to customers for almost ten years.
Turkey issued fines against the world’s leading social media companies after failing to appoint a local representative to guarantee that they are complying with the country’s new internet law, a senior official said on Wednesday.
Hong Kong’s financial watchdog fined the Asian unit of Goldman Sachs Group Inc. $350 million for its involvement in the state fund 1Malaysia Development Berhad bribery scandal, the regulator said on Thursday.