The European Union is currently reviewing its regulations concerning financial transactions and data security. Several major technology companies, including Apple, Google, and Microsoft, have initiated inquiries into potential instances of financial fraud and data manipulation within the EU’s legal framework. The EU’s focus is on ensuring consistent application of regulations across member states. These investigations aim to address concerns about transparency and accountability within the digital economy. The EU is evaluating potential repercussions for companies engaging in these activities.
Credits: The Straits Times World News
