A large health provider group in Florida has agreed to pay $541 million to resolve allegations it inflated patient diagnosis codes in order to boost its reimbursement through a Medicare program. The Villages Health System (TVH) intentionally made patients appear sicker on bills it filed from 2020 through 2024 to three private insurers that […]
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Posted inData Privacy
Meta reaches $18B settlement with states over child safety violations
Meta has agreed to pay up to $18 billion and overhaul teen safety features on Facebook and Instagram as part of a settlement with 47 states, the District of Columbia, and U.S. territories.
Posted inRegulatory Policy
When personal liability becomes a compliance responsibility
At times, enforcement agencies will issue a press release that announces the resolution of a case, but that also elicits more questions than answers. Sometimes the most instructive lessons for compliance, accounting, and internal audit teams can be found in what is not stated publicly.
Posted inRegulatory Policy
Deloitte agrees to pay U.S. government $21.5 million to settle alleged DEI discrimination
Professional services firm Deloitte has agreed to pay the U.S. government $21.5 million to settle a case alleging that the firmโs employment practices were discriminatory.
Posted inTop Stories
Zillow and Redfin settle with FTC over alleged anticompetitive violations
Zillow and Redfin have settled with the Federal Trade Commission (FTC) and five states over allegations they engaged in anticompetitive activity. Zillow and Redfin, two separate businesses based on online platforms that post apartment rentals and real estate for sale, made an illegal agreement in 2025 to dismantle Redfinโs apartment rental listing business, the FTC […]
Posted inRegulatory Enforcement
SEC accuses former Wall St. bankers, including BOA employee, of insider trading scheme
The SEC has charged two former Wall Street investment bankers with insider trading tied to the 2022 acquisition of energy company South Jersey Industries.
Posted inRegulatory Enforcement
TikTok pays $400M to settle children’s privacy allegations, but agreement terms kept secret
TikTok has agreed to pay $400 million to the Department of Justice (DOJ) to settle long-running complaints that the company has repeatedly violated childrenโs privacy. The DOJ sued TikTokโs predecessor, Musical.ly, in 2019 for allegedly not complying with the Childrenโs Online Privacy Protection Act (COPPA), which prohibits the collection, use and disclosure of personal data […]
Posted inRegulatory Policy
EU anti-corruption directive raises questions over compliance and enforcement
The EU is clamping down on corruption. Its anti-corruption directive came into force and significantly raises the bar, with measures to close enforcement gaps and improve cross-border cooperation.
Posted inBest Practices
From mainframes to Agentic AI, what legacy system discipline can teach us about building trustworthy customer data platforms
For the past decade, I’ve led customer data and regulatory platforms at one of the world’s largest card issuers, following years modernizing mainframe systems at IBM. The mainframes I maintained early in my career were not sophisticated by modern standards. They earned the trust of the organizations that depended on them anyway, because every transaction […]
Posted inAML
End of BOI rule doesn’t mean end of BOI responsibilities for banks, small businesses
The Financial Crimes Enforcement Network (FinCEN) ended the requirement that small businesses report beneficial ownership information (BOI) but neither businesses nor banks should consider themselves off the hook about BOI, experts said. FinCEN announced Aug. 11 it was killing the BOI rule, a mandate that certain small businesses report information about any persons holding […]
