By
Kyle Brasseur2023-05-09T13:28:00
The Croatian data protection authority (AZOP) handed down its largest penalty under the General Data Protection Regulation (GDPR) to date: a fine of nearly 2.3 million euros (U.S. $2.5 million) against debt collector B2 Kapital.
The enforcement action, announced in English in a May 4 press release by AZOP, is the first to include a GDPR fine surpassing seven figures in the country, according to the GDPR Enforcement Tracker. The previous high recorded was a penalty of €285,000 (then-U.S. $291,000) against a telecommunications firm in July.
AZOP said it uncovered violations of multiple articles of the GDPR at B2 in its investigation, several of which the regulator claims have still yet to be remedied.
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Debt collector EOS Matrix said it will challenge a General Data Protection Regulation penalty levied against it by the Croatian data protection authority after finding the data in question in the case does not match the data in its database.
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Paxful, a crypto peer-to-peer network, will plead guilty to multiple federal criminal charges related to violations of the Bank Secrecy Act (BSA), among others. The plea agreement follows years of scrutiny from regulators over anit-money laundering (AML) compliance failures.
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