Finance News – Penalty
What is your interest today?
- ABC News Business
- BBC Business
- Business Insider Markets
- CBC Business
- City A.M.
- CNBC Business
- CoinDesk
- Cointelegraph
- Crypto News
- CryptoSlate
- Decrypt
- Economic Times Markets
- Euronews Business
- Financial Post Top Stories
- Financial Times
- Finextra Crypto
- Finextra Market
- Finextra Wealth
- Globe and Mail Investing
- Investing.com Global Markets
- Investing.com Global Mkts
- Investopedia
- Kiplinger
- MarketWatch MarketPulse
- MarketWatch Top Stories
- Quartz
- Sky News Money
- Sydney Morning Herald Biz
- Sydney Morning Herald Business
- TechCrunch Fintech
- The Block
- The Guardian – Business
- WSJ Markets News
Judge orders $228 million penalty for NY man who used investor funds for luxury cars in crypto tradi...
A court mandated a payment exceeding $228 million from a New York individual involved in a fraudulent investment scheme that misappropriated funds for personal luxury purchases.
Read Full Article →Giving trust beneficiary information to CRA when it isn’t required can lead to penalty trap
Providing beneficiary details to the tax authorities unnecessarily may result in financial penalties for trusts that submit Schedule 15 filings during periods when such disclosures...
Read Full Article →‘Wrong kind of sorry’: Qantas hit with $90m penalty for illegally sacking 1800 workers
The court imposed a record-breaking $90 million penalty on Qantas, including a $50 million payment to the Transport Workers’ Union, highlighting the severe financial consequences o...
Read Full Article →Trump announces 25% tariff on India plus 'penalty' for trade with Russia
The newly introduced 25% tariff on imports from India represents a slight decrease from the previous rate, potentially impacting trade dynamics and economic relations between the c...
Read Full Article →Trump Threatens India With 25% Tariff, Plus 'Penalty' on Aug. 1
The potential introduction of increased tariffs and additional fees by the United States could impact trade dynamics and economic relations between the two countries starting in ea...
Read Full Article →Trump slaps 25 per cent tariffs on India over ties with Russia
The introduction of increased import duties on Indian goods is likely to impact bilateral trade flows, potentially leading to higher costs for importers and affecting economic rela...
Read Full Article →South West Water allowed to invest £24m rather than pay £19m fine
South West Water will direct £24 million towards regulatory measures instead of an immediate £19 million sanction, reflecting a financial decision linked to environmental complianc...
Read Full Article →Monzo fined £21m after customers used No 10 and Buckingham Palace as addresses
The substantial monetary penalty imposed on Monzo highlights regulatory concerns over inadequate verification processes amid rapid customer growth, emphasizing the importance of st...
Read Full Article →US judge denies Ripple, SEC joint request to reduce $125M penalty
The decision maintains Ripple’s obligation to comply with federal securities regulations and upholds the $125 million penalty, underscoring the continued financial impact of regula...
Read Full Article →Judge rejects SEC, Ripple motion on XRP sales and $125m penalty
The court’s decision to uphold the $125 million penalty reinforces regulatory accountability for digital asset transactions and highlights the ongoing legal challenges surrounding...
Read Full Article →Ripple Stuck With $125 Million Penalty as Judge Denies XRP Settlement With SEC
Ripple faces a substantial financial burden after a federal judge rejected the proposed agreement with the SEC, resulting in a significant monetary penalty related to the ongoing r...
Read Full Article →IRS: Avoid ‘falling behind’ by making second-quarter estimated tax payment by June 16
Making the required second-quarter estimated tax payment by June 16 helps taxpayers prevent potential penalties and maintain compliance with federal tax regulations.
Read Full Article →Thames Water hit with biggest ever penalty over sewage and dividend breaches
Thames Water faces a combined financial penalty exceeding £120 million due to violations involving sewage management and improper distribution of funds to shareholders.
Read Full Article →Thames Water slapped with historic £123m fine from Ofwat
The £123 million penalty imposed on Thames Water by the regulator reflects significant financial consequences stemming from violations related to wastewater management and dividend...
Read Full Article →Qantas judge’s corporate tip: ‘Don’t play us for fools’
The judge overseeing Qantas’s case is expected to impose a substantial penalty for the unlawful dismissal of over 1800 employees, reflecting the serious financial consequences for...
Read Full Article →Bitcoin SV Investors File to Revive 'Loss of Chance' Claim in $13.3 Billion Case With Binance
Bitcoin SV investors are attempting to reinstate a legal claim in the UK that could result in Binance facing a penalty amounting to billions of dollars, highlighting substantial fi...
Read Full Article →Credit Suisse to pay $511 million for helping U.S. taxpayers hide over $4 billion overseas
Credit Suisse agreed to a $511 million penalty due to violations related to facilitating the concealment of more than $4 billion by U.S. taxpayers in foreign accounts.
Read Full Article →