By Sachin Ravikumar and Chandini Monnappa BENGALURU (Reuters) – A top apparel industry watchdog has launched an investigation into underwear maker Jockey International’s Indian partner Page Industries Ltd following allegations of human rights abuses at one of its factories, the watchdog told Reuters. The investigation by U.S.-based Worldwide Responsible Accredited […]
watchdog
U.S. consumer watchdog rescinds ban on mortgage marketing deals
WASHINGTON (Reuters) – The U.S. consumer watchdog said on Wednesday it was rescinding guidance that had effectively banned joint marketing agreements between mortgage lenders, realtors and other home buying service providers, saying it did not provide necessary “regulatory clarity” on how to comply with the law. The move is another […]
California Governor Gavin Newsom Signs Legislation Establishing Nation’s Strongest State Consumer Financial Protection Watchdog
AB 1864 Establishes the Department of Financial Protection and Innovation – modeled directly after the federal agency championed by President Obama and Senator Warren – to Fight Financial Predators and Cultivate Consumer-Serving Innovation SB 908 establishes a licensing law to specifically regulate debt collectors AB 376 creates Student Borrower Bill of Rights […]
Average UK home and car insurance costs to fall under watchdog plans
A watchdog will tell car insurance firms not to charge existing customers more to renew than they charge new customers. Photo: PA Home and car insurance firms are set to be banned from charging existing customers more than new ones, under a watchdog’s “radical” plans that could save customers £370m […]
State Department revoked award for journalist over social media posts critical of Trump and lied about it, watchdog finds
The State Department revoked a prestigious award from a Finnish journalist because of social media posts critical of President Donald Trump, according to a report from the State Department Office of Inspector General. Although the watchdog found that the State Department had acted within its “broad discretion” to rescind the […]
Federal consumer watchdog sues Encore Capital over debt collection tactics
San Diego’s Encore Capital has been sued by a federal consumer protection watchdog agency for failing to live up to terms of a 2015 settlement over its tactics for collecting bad debt. The Consumer Financial Protection Bureau filed the lawsuit Tuesday in U.S. District Court in San Diego. It alleges […]
UPDATE 1-German accounting watchdog probes Grenke after critical research report
* FREP says working closely with BaFin * Shares down 32% midafternoon, after steep fall on Tuesday (Updates with shares, background, seeking comments) FRANKFURT, Sept 16 (Reuters) – Germany’s accounting watchdog is scrutinising the balance sheets of German financial services provider Grenke following a critical report by a short-seller, the […]
U.K. Accounting Watchdog Fines Deloitte, Former Partners Over Autonomy Audits
The U.K. accounting watchdog Thursday said it has fined Deloitte £15 million ($19.5 million) and sanctioned two former partners over past audits of British software company Autonomy Corporation PLC. The Financial Reporting Council said Deloitte and former partners Richard Knights and Nigel Mercer were disciplined after an independent disciplinary tribunal […]
UK watchdog seeks to overhaul scandal-hit consumer investment market
© Reuters/Chris Helgren FILE PHOTO: The logo of the new Financial Conduct Authority is seen at the agency’s headquarters in the Canary Wharf business district of London By Huw Jones LONDON (Reuters) – There have been too many scams and scandals in Britain’s financial services market and a fundamental review […]
UK financial watchdog reviews ‘scandal-hit’ consumer investments
The UK’s Financial Conduct Authority has issued a “call for input” to the country’s consumer investment industry as it looks to overhaul the scandal-hit sector. The watchdog’s feedback request will help “shape its work” over the next three years as it makes its review of the sector a priority for […]