30 tuoreinta uutista

UK: Banks fail to agree compensation plan for transfer scam victims

15.11.2019
The banking industry has failed to agree a plan to compensate bank transfer scam victims, which could leave consumers unprotected from January 2020. More than GBP 1mn (EUR 1.14mn USD 1.31mn) a day is...

France: EUR 192,000 fine for sending non-compliant waste to Malaysia

15.11.2019
France imposed a EUR 192,000 (USD 221,459.07) administrative fine on a waste brokerage firm for sending 20 containers of non-compliant plastic waste to Malaysia over the Summer. The administrative...

Italy: Deutsche Bank is fined EUR 4mn by the Antitrust authority

15.11.2019
German bank Deutsche Bank has been fined EUR 4mn (USD 4.61mn) by the Italian Antitrust authority. The sanction refers to the promotional campaign "Fai +1%" which promised a 1% prize to clients...

Estonia: Swedbank used by Russia to influence countries: finance minister

14.11.2019
In an interview with Swedish newspaper Dagens Industri, Martin Helme, Estonian Minister of Finance, said that Swedish bank Swedbank's operations in several countries have been used by Russian special...

Lithuania: Defendants in MG Baltic bribery case implicate ex-Pres. Grybauskaite

14.11.2019
The owner of Lithuanian business conglomerate MG Baltic, Darius Mockus, and the former chairman of the Liberal Movement, Eligijus Masiulis, claimed former president Dalia Grybauskaite had requested...

Russia: 113 cases of illegal logging registered in Udmurt Republic

14.11.2019
In 2019, 113 cases of illegal logging in the amount of 2,990 m3 were revealed in Udmurt Republic, Volga. The damage was estimated at RUB 53.05mn (EUR 690,470.74 USD 796,411.50). The violations were...

Netherlands: AFM investigates insider trading at VolkerWessels

14.11.2019
The Dutch financial markets authority AFM is investigating possible insider trading at construction company VolkerWessels. It wants to know if some investors knew in advance about the takeover bid by...

UK: PureCircle chief executive to step down

14.11.2019
PureCircle has said chief executive Magomet Malsagov will step down on a temporary basis following the discovery of improper transactions. John Slosar, chairman, will take on the role as interim...

Lithuania: Justice Ministry proposes decriminalising minor economic crimes

14.11.2019
Lithuania's Ministry of Justice has proposed decriminalising less serious economic, financial, and property crimes, BNS reports. Under the proposal, such infractions would only be subject to...

Spain: Mediaset and Atresmedia will appeal CNMC fines

14.11.2019
Mediaset and Atresmedia will appeal to the National Court against the fines that have been imposed by the Spanish competition authority CNMC relating to anti-competitive practices in television...

Germany: Dieselgate questions may be referred to ECJ

14.11.2019
The judge in the dieselgate lawsuit filed in Germany by consumers against German car maker Daimler is planning to refer the matter to the European Court of Justice (ECJ). He wants the court to decide...

Russia: Turnover of counterfeit products in country

14.11.2019
The Federal Agency for Intellectual Property, Patents and Trademarks estimates the turnover of counterfeit products at around RUB 80bn (EUR 1.04bn USD 1.20bn) to RUB 100bn a year. According to...

Estonia: Planned second pillar pension reform could lead to more crimes

13.11.2019
Kilvar Kessler, chairman of the board of the Estonian Financial Supervision and Resolution Authority (Finantsinspektsioon), has stated in a letter to the Estonian Ministry of Finance that the planned...

Denmark: Bloomberg reports about Danske Bank exaggerated, lawyer says

13.11.2019
Steven M. Kohn, Danske Bank whistle-blower Howard Wilkinson's lawyer, responds to Bloomberg's reports about gold bars given to rich Russian customers of Danske Bank Estonian branch back in 2014. He...

UK: Police investigate Spac Nation over fraud allegations

13.11.2019
Police are looking into allegations of fraud and other offences relating to Spac Nation, which is an evangelical church that claims to help troubled young people. The church has been accused by...

Italy: Public Prosecutor asks prison sentence for ex ENI's CEO Paolo Scaroni

13.11.2019
The Public Prosecutor Massimo Gaballo has demanded a prison sentence of six years and four months for Paolo Scaroni, the former CEO of ENI, the Italian oil and gas group, in the appeal trial in which...

Netherlands: ABN Amro profit down 22% in third quarter

13.11.2019
Dutch bank ABN Amro saw its net profit fall 22% in the third quarter of 2019 to EUR 854mn (USD 985.03mn). Profits from investments fell in particular, and its attempts to cut costs were cancelled out...

Russia: ZEMZ fined due to emission of harmful substances

13.11.2019
The inspection carried out by the Prosecutor's office of the Chelyabinsk region (Urals) has revealed violations of environmental legislation in the activities of Zlatoust Electrometallurgical plant...

Estonia: Enefit Kaevandused to pay EUR 11,450 in damages to former union leader

13.11.2019
In Estonia, the Viru district court has ordered Enefit Kaevandused, a part of power company Eesti Energia, to pay EUR 11,450 (USD 13,206.80) in damages to former Miners' and Energy Workers'...

Sweden: Fake SEK 500 bills circulated in Örebro

13.11.2019
The Swedish police has issued a warning against a substantial amount of fake SEK 500 (EUR 47.83 USD 55.17) bills apparently now in market circulation, following eleven cases of attempted payments...

Sweden: Consumer Agency warns against fraudulent sales practices

13.11.2019
The Swedish Consumer Agency (Konsumentverket) has issued a public alert, warning against an increasing number of incidents of realisation and discount sales fraud, in which companies claim to offer...

Sweden: Jollyroom found guilty of fraudulent sales practices

13.11.2019
Swedish retailer of children's products Jollyroom has been found by the Swedish Patent and Market Court (Patent- och marknadsdomstolen) to have engaged in fraudulent claims of realisation- and...

UK: ASA ban PopJam advert

13.11.2019
The Advertising Standards Authority (ASA) has banned an advert from SuperAwesome Trading, the company behind PopJam, a content-sharing app aimed at seven to 12-year-olds. The app has a competitive...

Estonia: State ordered to pay compensation to Estonian Authors' Society

13.11.2019
The Tallinn Administrative Court has order the Estonian state to pay a total of EUR 816,559 (USD 941,845.82) to the Estonian Authors' Society (Eesti Autorite Ühing) and several other author...

Hungary: Country receives HUF 500bn fine from EC

12.11.2019
The European Commission (EC) has imposed a fine of over HUF 500bn (EUR 1.54bn USD 1.77bn) on Hungary for corruption and the mismanagement of EU funds over the EU budgetary period of between 2014 and...

Sweden: Norban first to require validated bids on Swedish real estate market

12.11.2019
The realtor company Norban will be the first in Sweden to require all property bids to be validated using Bank-ID, a type of electronic signature which can be used as identification. The goal is to...

Russia: UGOK to pay RUB 8.9mn for reservoir pollution

12.11.2019
The commercial court has upheld the claim of Rosprirodnadzor Urals against Uchalinsky GOK, a part of UMMC. The concentration plant must pay RUB 8.90mn (EUR 115,837.69 USD 133,610.98) to the budget as...

Netherlands: Prosecutors to appeal test case for fraud detection

11.11.2019
The Dutch public prosecutor's office is to appeal an October ruling by a court in Dordrecht that stated that the public prosecutor's office could not undertake proceedings over insurance fraud...

Latvia: Guest workers may have been recruited by questionable means

11.11.2019
According to Latvian media, guest workers constructing buildings for the Riga city administration may have been recruited through a questionable scheme in which a citizen of a third country hires...

Hungary: NAV impounds fake-branded perfumes

8.11.2019
The Hungarian tax and customs authority Nemzeti Ado- es Vamhivatal (NAV) has impounded some 3,000 fake-branded Gucci, Versace, Hugo Boss, Armani, Guerlain and Dior perfumes. The products have been...