Welcome to GRIP, Global Relay’s new digital information service on practical compliance and regulatory change.
Please enjoy this free trial of our subscription content service, for a limited time only.
-
TracFone to pay $16m to settle investigation of data protection failures
The Verizon owned company failed to keep customer data safe during three breaches.
-
Meta fined $220m for violating consumer laws and data protection rights in Nigeria
The company was found engaging in repeated conduct of “abusive, and invasive practices” against users in Nigeria.
-
ASIC roundup: American Express to pay A$8m penalty, and multiple bannings
The Australian Securities & Investments Commission’s latest actions and news, July 15 – 19, 2024.
-
Australian banks to pay back A$28m to low-income customers
ASIC reviewed four big banks all found systemically charging high fees to low-income customers.
-
Singaporean banks to strengthen resilience against phishing scams
A digital token will strengthen online security for customers.
-
No smoke without fire – the FCA’s handling of the BSPS scandal
The UK regulator has published a letter on its handling of the British Steel Pension scheme. We ask if it is justified in its “glowing” assessment.
-
FCA statement rejects criticism of how it handled BSPS scandal
Regulator takes unusual step of publishing a public response to complaints about how it dealt with British Steel pensioners.
-
FCA issues fines totaling £1m for pension advice and oversight failings
Latest episode in long-running scandal means 83% of pension transfer advice failed to comply with minimum required standards.