investigations

Indonesian Antitrust Watchdog To Probe Gojek-Tokopedia Deal
Indonesian Antitrust Watchdog To Probe Gojek-Tokopedia Deal
May 20, 2021  |  ANTITRUST

Indonesia’s antitrust agency said it wants to take a look at the history-making merger between two of the country’s startups to guard against monopolistic practices....

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FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed
FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed
May 19, 2021  |  Loans

Long after nearly $800 billion in Paycheck Protection Program (PPP) life-line loans were rapidly dispersed to ailing businesses during the height of the pandemic, a...

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SEC To Examine Retail Brokerage Apps, Payment For Order Flows
SEC To Examine Retail Brokerage Apps, Payment For Order Flows
May 07, 2021  |  Regulation

The federal Securities and Exchange Commission (SEC) is investigating how retail broker apps encourage stock trading and earn money when those trades are executed. SEC...

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CFPB Looks Into US Bancorp’s Consumer Sales Practices
CFPB Looks Into US Bancorp’s Consumer Sales Practices
May 06, 2021  |  Banking

The Consumer Financial Protection Bureau (CFPB) is looking into some of U.S. Bancorp’s consumer sales practices, according to the financial services company’s 10-Q filed this...

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French Competition Agency: Banks Risk ‘Marginalization’ In Face Of Big Tech, FinTechs
French Competition Agency: Banks Risk ‘Marginalization’ In Face Of Big Tech, FinTechs
April 29, 2021  |  Banking

France’s competition agency has concluded an investigation into banks, Big Tech and the financial technology (FinTech) sectors, with a warning that vigilance is needed due...

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Apple To Face EU Antitrust Charge Later This Week
Apple To Face EU Antitrust Charge Later This Week
April 27, 2021  |  ANTITRUST

The European Union (EU) is set to hit Apple with an antitrust charge later this week after a two-year probe into the iPhone maker’s alleged...

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China Expands Big Tech Probe To Focus On Meituan
China Expands Big Tech Probe To Focus On Meituan
April 26, 2021  |  International

Chinese regulators are taking an even closer look at Meituan, an app that lets users order a variety of services that include meal delivery as...

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Wirecard Staff Reportedly Took Large Sums Of Cash From HQ
Wirecard Staff Reportedly Took Large Sums Of Cash From HQ
April 22, 2021  |  Security & Fraud

Wirecard staffers reportedly took millions of euros in funds from the firm’s German base in plastic bags during a timeframe that spanned years, the Financial...

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German Prosecutors To Investigate BaFin Over Wirecard Scandal
German Prosecutors To Investigate BaFin Over Wirecard Scandal
April 12, 2021  |  Regulation

Prosecutors in Frankfurt are opening a criminal investigation into the way Germany’s financial regulatory authority BaFin supervised Wirecard AG, and whether a portion of the...

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