- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Kyle Brasseur2022-10-20T19:13:00
Clearview AI insists it does not have a presence in the European Union and is therefore not subject to the General Data Protection Regulation (GDPR). The bloc’s individual data privacy regulators believe otherwise.
France’s CNIL became the fourth data protection authority (DPA) this year to fine U.S.-based Clearview AI over its controversial facial image aggregation practices. The agency’s penalty against the company of 20 million euros (U.S. $19.6 million) announced Thursday matches the Hellenic and Italian DPA before it, while the U.K. Information Commissioner’s Office’s fine of more than 7.5 million pounds (then-U.S. $9.4 million) in May carried a lighter touch.
The Hellenic and Italian enforcement actions were handed down in July and February, respectively.
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France’s data protection authority last month fined facial recognition company Clearview AI €5.2 million (then-U.S. $5.7 million) for failing to comply with an October order to cease and desist from further violations of the General Data Protection Regulation.
The Italian data protection authority shut down ChatGPT in the country, alleging the AI chatbot violates European Union privacy laws and has no controls to stop it interacting inappropriately with young children.
Discord, a popular communication service primarily utilized by the video game community, was assessed a fine of €800,000 (U.S. $829,000) by the French data protection authority for multiple violations of the General Data Protection Regulation related to safeguarding user data.
Capital One promised very high interest rates on millions of savings accounts but the bank didn’t deliver, losing customers more than $2 billion, the Consumer Financial Protection Bureau alleged.
Robinhood, a disruptive force in the market for Main Street investors but also a serial offender of securities laws, will pay a total of $45 million to settle numerous violations of SEC rules and regulations by two of its broker-dealers.
A broker-dealer subsidiary of Toronto-based BMO Financial Group will pay nearly $41 million in penalties to the Securities and Exchange Commission to settle allegations that its traders issued misleading disclosures on bonds for three years, causing $19 million in harm to its customers.
