GRC Report Staff

UK Privacy Regulator Secures Changes From 10 Major AI Developers, Expands Scrutiny to AI Agents

Britain's privacy regulator has secured changes or commitments to improve data protection practices from ten major artificial intelligence developers, including OpenAI, Google, Microsoft and Anthropic, following scrutiny of how their foundation models are trained and developed.

Poland Fines AS Inbank $1.2 Million Over Consumer Credit Practices

The Office of Competition and Consumer Protection (UOKiK) has imposed approximately $1.2 million (PLN 4.692 million) in fines on AS Inbank over three practices involving loans that were legally connected to the purchases they financed. The authority found that AS Inbank had treated the agreements as independent consumer loans, denying borrowers information about protections available under Polish law.

European Parliament Calls for Tighter Anti-Corruption Rules, Greater Scrutiny of Political Financing

The European Parliament has called for stricter rules on political financing, conflicts of interest and lobbying as the European Commission prepares the EU's first anti-corruption strategy. In a new resolution, lawmakers urged the Commission to strengthen oversight of public procurement, improve cooperation between national investigators and EU enforcement agencies, and introduce more consistent standards for monitoring corruption across member states.

Deloitte Fined £6.05 Million Over Audit Failures at Go-Ahead Group

The UK's Financial Reporting Council (FRC) has fined Deloitte £6.05 million for failures in its audits of Go-Ahead Group, including inadequate scrutiny of two rail subsidiaries that retained more than £30 million in public money owed to the Department for Transport (DfT).

Australian Privacy Regulator Investigates Developer Behind HeyCyan Smart Glasses App

Australia's privacy regulator has opened an investigation into the developer of an application used in inexpensive smart glasses sold through Kmart, Big W Marketplace and Amazon, after the company failed to answer questions about how the devices collect and handle personal information.

43 States & Territories Seek Court Approval of $400 Million Generic Drug Price-Fixing Settlement

A coalition of 43 states and territories has asked a federal court to approve a $400 million settlement with Sandoz and Fougera Pharmaceuticals, two generic drug manufacturers accused of participating in a widespread conspiracy to fix prescription drug prices, divide markets and suppress competition.

Ofcom Investigates Meta Over Instagram Instants Safety Assessments

Britain's communications regulator has opened an investigation into whether Meta failed to carry out required safety assessments before introducing Instagram Instants, a feature that allows users to share photos and videos that disappear after being viewed.