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The United States Federal Trade Commission (FTC) has announced that Google has agreed (undated) to settle charges (undated) relating to its billing of consumers via mobile apps downloaded from Google's Play store for Android mobile devices.

Published in Consumer Protection

France's antitrust authority the Autorité de la concurrence (the Autorité) has announced that it has obtained the following commitments from single serve coffee capsule and machine brand Nespresso that address competition concerns raised with the Autorité by Nespresso machine-compatible coffee capsule makers DEMB and the Ethical Coffee Company:

Published in Competition

Deutsche Bank Fined for Reporting Failures

04 Sep 2014
Written by World Watch

The United Kingdom Financial Conduct Authority (FCA) has announced that it has fined (21 August 2014) Deutsche Bank's London branch (Deutsche) £4,718,800 for "incorrectly reporting transactions between November 2007 and April 2013".

Published in Financial Integrity

Bank Fined for Breaching Sanctions Regulations

04 Sep 2014
Written by World Watch

The United States Department of the Treasury has made available Enforcement information for August 27, 2014 (undated), announcing that Branch Banking & Trust Co (BB&T) has agreed to pay US$19,125 to settle an apparent breach of the Sudanese Sanctions Regulations.

Published in Anti-Money Laundering

The New York State Department of Financial Services (NYDFS) has announced that Standard Chartered Bank (SCB) has been issued an order (19 August 2014) (the Order) to undertake various measures, including payment of a US$300 million penalty, for its failures to remediate anti-money laundering (AML) compliance problems under a 2012 settlement with NYDFS.

Published in Anti-Money Laundering

Nestlé has announced that it has signed a partnership agreement with non-government organisation World Animal Protection, under which "the hundreds of thousands of farms that supply Nestlé with its dairy, meat, poultry and eggs will have to comply with tighter animal welfare standards".

PayPal has stated that it has "contained" a security issue made public by Australian school student Joshua Rogers, with the online payment processor maintaining that the vulnerability affected only "a small number of customers".

Published in Information Security

Kellogg's Releases Climate Policy

21 Aug 2014
Written by World Watch

Kellogg Company (Kellogg's) has published the following new documents (both undated) that relate to its management of corporate responsibility:

The United Kingdom Financial Conduct Authority (FCA) has released Guidance consultation - Social media and customer communications (August 2014) for public comment. The document sets out the FCA's proposed supervisory approach to financial promotions in social media.

Published in Consumer Protection

Apple has released Environmental Responsibility Report (June 2014), which reports on the company's progress in the area of environmental responsibility in 2013-14.

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