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Information Technology Enforcement Actions United Kingdom

Mayer Brown

Staffing Up: Antitrust Regulators Around the World Step Up Digital Platform and Technology Enforcement

Mayer Brown on

In February, the Japan Fair Trade Commission announced that it will hire additional staff to enforce the country's new Act on Promotion of Competition for Specified Smartphone Software. The Act “aim[s] to foster innovation...more

Cadwalader, Wickersham & Taft LLP

UK Regulators Fine Leading Bank £48m for Operational Failings

The UK’s Financial Conduct Authority (“FCA”) and Prudential Regulation Authority (“PRA”) have together fined a leading bank a total of £48,650,000 for IT failures that left customers unable to access their accounts. The fine...more

Morrison & Foerster LLP

New European Fintech Regulations Affecting ICT Providers

Morrison & Foerster LLP on

Both the EU and the UK are taking steps to enhance the rules in the financial services sector to add a new layer of direct regulation for key technology providers to banks and other regulated financial services institutions –...more

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