United States

Companies

EY fires dozens of staffers for taking multiple online trainings at a time, but employees criticize onerous work culture.

JP Morgan sues customers who exploited the infamous “free money” ATM glitch.

Regulation

The Department of the Treasury issues regulations targeting US investments in national security technologies emerging from concerning countries.

CFTC charges two Louisiana companies for Forex fraud.

ESG

Florida accidentally bans banks from doing business in-state with hurricane emergency powers.

EU

Israeli pharmaceutical company Teva has been fined $500 Million by European Commission for delaying market entry of competing drugs.

Asia

Singapore has published a National Anti-Money Laundering Strategy, which outlines a strategic approach to address money laundering risks, and guides actions to combat money laundering amidst rapidly changing risks and criminal typologies.  

China’s probe into an AstraZeneca executive causes anxiety for foreign businesses.

Debate sparked in the US over definitions of China-owned farmland.

Hong Kong’s regulators have brought new measures against how financial institutions discuss block trades after Segantii Capital Management insider dealing case.

United Kingdom

Kristo Käärmann, CEO of Wise, fined £350,000 by FCA for tax notification issues.