“It's been a long, a long time coming
But I know a change is gonna come” (Sam Cooke)
After two years’ painful gestation, EU legislators hope to gain European Parliament approval this year, for a new regulation aimed at safeguarding personal data. For many EU citizens however, these changes can’t come quickly enough.
The United States (US) Department of Justice (DoJ) has announced that Glasgow-based shipping company Norbulk Shipping UK Ltd (Norbulk) has pleaded guilty to "failing to maintain an accurate oil record book", and "providing false statements to the [US coast guard] concerning the vessel's garbage record book". According to the DoJ, the company was sentenced to pay a US$750,000 fine and placed on three years of probation.
The United Kingdom (UK) Equality and Human Rights Commission (EHRC) has announced that it has "launched a new government-backed project aimed at unlocking economic and creative potential by increasing the diversity of people working in Britain's television sector".
The United Kingdom Financial Conduct Authority (FCA) has announced that it has fined Lloyds Bank Plc, Bank of Scotland Plc and Black Horse Ltd (together, Lloyds) £117 million for "failing to treat their customers fairly when handling [p]ayment [p]rotection [i]nsurance (PPI) complaints between March 2012 and May 2013".
The European Investment Bank (EIB) has announced that it is lending development company wpd AG €156 million to develop the Nordergründe wind farm in the German coastal part of the North Sea. According to the EIB, the wind farm will "consist of 18 turbines with a total generating capacity of 111 [megawatts]".
The Latvian Presidency of the Council of the European Union (EU) has announced that the Latvian, Austrian, Estonian, Lithuanian, Dutch and Finnish Ministers for Defence, as well as the heads of the European External Action Service, the European Defence Agency and the EU Military Committee have signed a pledge to "mitigate human-related risks in cyber space by launching the Cyber Hygiene initiative".
The European Investment Bank (EIB) has announced that it will provide a €150 million loan to household goods company AB Electrolux (Electrolux) "for the development of more energy-efficient, more user-friendly and better performing white goods and small electric household appliances".
European Union (EU) competition regulator the European Commission (EC) has made available the following fact sheets (both dated 15 April 2015) outlining recent parallel actions against Google:
The United Kingdom Financial Conduct Authority (FCA) has announced that it has fined (14 April 2015) Clydesdale Bank (Clydesdale) £20,678,300, the largest-ever fine handed down by the FCA for failures relating to payment protection insurance (PPI). According to the FCA, Clydesdale's failures include "implement[ing] inappropriate policies which meant that its PPI complaint handlers were not taking into account all relevant documents when deciding how to deal with complaints".
The BMW Group has announced that it will partner with German logistics company the SCHERM Group to invest "a six-figure amount" in a pilot project, beginning in mid-2015, to "deploy a 40-ton pure-electric truck in [Munich] ... and become the first automobile manufacturer in Germany to use an electric truck of this size to transport materials on public roads".
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