violated

The EU says Apple has violated the rights of app developers and could be fined 10% of sales

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Getty Images | SOPA Images The European Commission said today that it has determined that Apple is in violation of the Digital Markets Act (DMA) with App Store rules and fees that “prevent app developers from freely directing consumers to alternative channels for offers and content.” The commission “has informed Apple of its preliminary position” … Read more

The Swiss regulator rules that HSBC has violated money laundering rules

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Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The Swiss financial regulator has banned HSBC’s Swiss private bank from taking on prominent public figures as clients after finding the lender had breached anti-money laundering regulations. Finma has imposed a series of fines on … Read more