Category : Search result: financial penalties


Trump faces $370m lawsuit from New York Attorney General

Former US President Donald Trump confronts massive financial penalties as New York Attorney General Letitia James escalates her civil fraud lawsuit, while Adam Schiff faces defamation claims in separate proceedings.

Newsom halts Republican crime bill in California

California Governor Gavin Newsom blocks Republican-led legislation that would have made certain drug and theft crimes more severe, sparking renewed debate about criminal justice reform in the state.

Japan Courts Wall Street Firms in Challenge to London

Japan's ruling Liberal Democratic Party, under former Prime Minister Shinzo Abe's influence, is actively persuading major Wall Street firms to establish operations in Tokyo, creating new competition for London's financial dominance.

Digital Money: The Regulatory Challenge Ahead

As cryptocurrencies and central bank digital currencies transform global finance, regulators face unprecedented challenges in maintaining stability and protecting consumers in this new financial frontier.

9 Essential Money Checks Before 2025

Financial experts reveal the crucial money audits you need to conduct now to protect your finances from common pitfalls and boost your savings potential.

Barefoot Investor Crisis: La Trobe Account Frozen

Scott Pape's Barefoot Investor community faces a major crisis as La Trobe Financial abruptly freezes its popular Cash Management Account, blocking access to funds for more than 120,000 account holders.

Expert: One Scenario Could 'Wipe Out' Your Pension

A leading financial expert issues a stark warning about a single economic event that could devastate pension pots across the UK. Discover what it is and how to protect your retirement savings.

Optus Faces Manslaughter Probe Over Deadly Triple Zero Outage

Australian telco giant Optus could face unprecedented corporate manslaughter charges as a national inquiry investigates a catastrophic 16-hour Triple Zero outage linked to multiple fatalities, prompting calls for massive fines and criminal liability.

FCA censures Admiral over PPI complaint mishandling

The Financial Conduct Authority has publicly censured Admiral Insurance for systematically mishandling PPI complaints, failing to properly investigate claims, and unfairly rejecting customers.

FCA: UK Finance's Old Tech Poses 'Significant' Risk

The UK's Financial Conduct Authority has raised a major red flag, revealing that a large portion of the nation's finance sector is dangerously reliant on outdated technology, posing a severe threat to operational resilience and consumer protection.

Piastri Out of Italian GP - McLaren Names Shock Replacement

McLaren's rising star Oscar Piastri has been dramatically ruled out of the Italian Grand Prix at Monza due to a power unit penalty, with reserve driver Alex Palou stepping into the high-pressure role for the iconic race weekend.

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