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Business and Finance
Kia and Hyundai Agree to $210 Million US Auto Safety Civil Penalty
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...
Business and Finance
South Korean Watchdog Seeks Criminal Prosecution, Fines Facebook Over Personal Data Misuse
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...
Business and Finance
JPMorgan Chase Agrees to Pay $250 Million over Deficient Risk Management Practices
JPMorgan has agreed to pay a $250 million civil money penalty after failing to “maintain adequate internal controls and internal audit” over its asset...
Business and Finance
British Financial Conduct Authority Fines TFS-ICAP
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...
News and Politics
Turkish Regulator Fines Social Media Firms for Violating Online Law
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...
Business and Finance
Hong Kong Fines Goldman Sachs $350 Million over 1Malaysia Development Berhad Bribery Scandal
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...