fines

BRITS could face hefty fines if caught smoking, or playing loud music at one popular holiday spot.

In some cases, the penalty could be as much as £2,500.

The area of La Laguna in Tenerife, has approved new rules banning smoking, camping, overnight stays and disruptive music on its beaches and natural swimming pools.

The announcement was made on October 7 and has been put in place to protect the coastline.

Under the new rules, beaches within the areas and natural pools are now smoke-free.

It also stops visitors from leaving rubbish behind including soap and shampoo in public showers.

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Unless there’s a a special permitted event, beachgoers are banned from playing loud music or general noise that disturbs those around them.

The new rules also state that there is a ban on camping and overnight stays on the beaches.

Within the area of La Laguna, the coastal areas where these rules have been enforced include Bajamar, Punta del Hidalgo, Jover and La Barranquera.

While there is a maximum fine of €3,000 (£2,500), it does not apply to every beach.

The amount also depends on the offence with those deemed minor having fines of €300 (£254).

In summer 2026, lots of beaches and hotels in Tenerife put rules in place to stop tourists reserving loungers and sand space with a towel.

Tourists could see their belongings confiscated and be fined up to €3,000.

It comes after strict rules were put in place across Spain for summer 2026.

The second-largest US bank faces record penalties for failing to comply with sanctions and money laundering laws.

The US Treasury Department has imposed more than $1.21 billion in penalties against Bank of America, the second-largest bank in the US, for violating anti-money laundering and sanctions laws.

The fines announced on Tuesday include the third-largest penalty in the department’s history, the US Treasury said in a statement.

“When a bank of this size fails to meet its anti-money laundering and sanctions obligations, the consequences extend far beyond its own walls, exposing the entire US financial system to significant illicit finance risks,” US Treasury Secretary Scott Bessent said.

He added that these “actions send a clear message that even the biggest financial institutions are not above the law”.

Enforcement actions

According to the Treasury Department, the Financial Crimes Enforcement Network (FinCEN) assessed a $1.2 billion penalty over the bank’s failure to mitigate and report “priority national security risks, including Chinese Money Laundering Networks and illicit finance along the southwest border”.

The failures identified by FinCEN involved deficiencies related to the bank’s suspicious transaction identification and reporting and customer due diligence processes. According to the statement, “the Bank effectively outsourced to third parties a substantial portion of its proactive detection and reporting obligations”.

“Bank of America failed to timely report to FinCEN over $5 billion dollars in suspicious transactions”, the Treasury said in the statement.

The Office of the Comptroller of the Currency (OCC) assessed a $750 million fine, the largest in its history, for the bank’s deficient and ineffective anti-money laundering compliance programme. FinCEN’s $1.2 billion penalty includes credit for the OCC fine.

The Office of Foreign Assets Control (OFAC) also announced an $11.6 million settlement agreement over apparent violations of numerous sanctions programmes, including on Iran, Russia, narcotics and global terrorism.

Bank of America agreed to settle 475 apparent violations of multiple sanctions programmes, and the settlement includes “significant compliance commitments regarding training, testing and audit, and future communication and cooperation with OFAC”.

In the statement, the Treasury said the actions “underscore the importance of effectively complying” with US anti-money laundering and sanctions requirements.

In response, Bank of America said in a statement: “Financial crime compliance is serious, and we are responsible for getting it right.”

“We have invested billions of dollars in technology and dedicated thousands of employees to combat financial crime, and our team is far along with and committed to completing the work required to address the issues raised by our regulators.”

Saracens are set to receive a series of fines from Prem Rugby due to director of rugby Brendan Venter’s failure to fulfil media commitments.

It is understood the club have already been handed a £5,000 sanction after Venter was not present at the Prem’s pre-season launch day.

The South African also did not speak to the media before, during or after the opening-weekend victory at Leicester.

The Daily Telegraph reported earlier on Tuesday, external that Venter “resigned” as director of rugby last month and took up a new role of “head of rugby culture and wine consultant”, with head coach Joe Shaw assuming responsibility for media commitments.

The report also claims Saracens asked permission in July for Shaw to front the club’s media commitments.

However, none of this has been confirmed by the club nor Prem Rugby.

It is also thought a change of job title would not preclude Venter from his contractual responsibilities.

Saracens announced in January that Venter would be returning to the club as director of rugby and have yet to confirm any change to his day-to-day responsibilities.

He succeeded Mark McCall, who stepped down at the end of last season after 15 trophy-laden years in the job.

Venter’s first spell as Sarries’ director of rugby, which began in 2009, also included clashes with authorities over media commitments.

In September 2010, the club apologised to European Rugby Cup (ERC) officials for then-captain Steve Borthwick’s failure to attend the Heineken Cup launch at Cardiff’s Millennium Stadium.

Borthwick, now England head coach, was the only missing representative from the coaches and captains of 12 English, Welsh and Scottish clubs attending the event.

He had been told by Saracens to instead attend a team bonding session at a beer festival in Munich.

In December 2010, Venter himself was warned by European Rugby Cup officials for a post-match interview after his side’s 24-21 Heineken Cup loss to Racing Metro, in which he repeatedly gave short answers, agreeing with whatever was being asked.

He later said it was inspired by a scene in the football mockumentary film, Mike Bassett: England Manager.

Venter left his full-time role at Saracens halfway through the 2010–11 season, to be replaced by McCall.