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Danske Bank fined NKr 50m for market manipulation
According to the Norwegian regulator a reference swap rate was intentionally driven higher at the time of pricing in order to produce higher trading profits.
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Finnish regulator fines three individuals for late notifications
The delays in transaction reporting ranged from two months to almost a year.
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Swedish BNPL provider Klarna fined Skr 500m for AML violations
The Swedish Financial Supervisory Authority fined Klarna for violation of several key rules of AML regulations.
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Lyngby-Taarbæk municipality fined for personal data failures
At least 1,000 former employees continued to access a system with personal data after their employment ended.
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Finnish DPO fines Posti €2.4m for GDPR violations with electronic mailbox
The company allegedly illegally processed customer data when creating a new electronic mailbox for two million customers that haven’t requested the service.
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Meta receives $840m fine from EU regulators for ‘unfair market competition practices’
Regulators say Meta is abusing its market position by tying its ads services to Facebook.
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Finnish companies fined for late notification of managers’ transaction
The three companies failed to notify the information within three days, some took almost a year.
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FCA work in review October 10-17, 2024
Our at-a-glance guide to recent FCA activity.