GRC Report Staff

The Federal Trade Commission (FTC) has taken legal action against Air AI Technologies, a Delaware-based company accused of deceiving small businesses and entrepreneurs with false promises of rapid earnings and ironclad refund guarantees. According to the complaint, many customers lost significant sums of money, some as much as $250,000, after buying into Air AI’s business coaching programs, access cards, and reseller licenses.

Australia’s corporate watchdog has launched civil penalty proceedings against Equity Trustees Superannuation Limited, alleging the trustee failed in its gatekeeping role when overseeing investments in the Shield Master Fund.

For eight years, one of the world’s biggest banks was publishing research on Hong Kong-listed companies with a blind spot. Key disclosures were either missing or wrong. Now, regulators have stepped in.

Canada has taken another hard look at the shadow economy running through its borders, and the picture is as sobering as ever. In its 2025 National Risk Assessment on Money Laundering and Terrorist Financing, the government says organized crime groups, fraud schemes, and new twists driven by technology like artificial intelligence remain the most urgent threats to the integrity of the financial system.

The Bureau of Industry and Security (BIS), housed within the US Department of Commerce, is one of Washington’s central gatekeepers of national security and foreign policy. Its mission is carried out largely through export controls, which determine who can access sensitive US-origin goods, software, and technology.

JPMorgan Chase will pay $330 million to Malaysia to settle claims linked to the country’s 1MDB sovereign wealth fund scandal, even as its Swiss private banking arm faces a criminal conviction for failing to prevent aggravated money laundering.

The UK’s Competition and Markets Authority (CMA) has confirmed it will launch an initial investigation into the proposed acquisition of Shutterstock by Getty Images, two of the world’s largest stock image providers.