GRC Report Staff

The SEC has granted LCH SA conditional exemptive relief under Section 36 of the Exchange Act. LCH SA may file proposed rule changes for its RepoClear unit (the "Non-Registrable Business") solely under Section 19(b)(3)(A) and Rule 19b-4(f)(6), so they take effect on filing without an SEC approval order. This lets LCH SA admit US persons as RepoClear Clearing Members, and compliance teams at clearing agencies, clearing members, and their clients should understand the conditions and the remaining SEC oversight.

The Norway Financial Supervisory Authority (Finanstilsynet) has published a warning about corpagenesis-fr.net, a website that France's Autorité des Marchés Financiers (AMF) placed on its crypto-currency blacklist. The notice signals that the site is likely an unauthorized or fraudulent crypto-asset offering. Compliance teams should treat it as a cross-border red flag for screening, monitoring, and customer protection.

The FMA's Banking Distribution Report 2026 shows securities accounts at Austrian credit institutions rose 14% to 2.87 million, driven largely by digital models and branches of foreign (European) providers. Investment services complaints jumped 70%, and the FMA signaled a level playing field in supervision, closer home-country supervisor cooperation, and enhanced consumer lending powers from November 2026. Compliance teams should treat this as an indicator of where supervisory attention is heading.

The PCAOB has named Addison (Addi) Scott and Zian Xi as its first Audit Practitioner Fellows within the Office of the Chief Auditor. Each will serve a two-year term supporting standard-setting and research, with recent big-firm audit experience informing the Board's agenda. The appointments are not a rule change, but they signal that upcoming standards will draw on practitioner input and aim to balance audit quality against costs and benefits.

ASIC's Form 509 is the statutory summary of a company's affairs, lodged under section 497(1)(a)(i) of the Corporations Act 2001 when a company is wound up by creditors' voluntary liquidation. It must be lodged within 10 business days of the winding-up resolution meeting, together with Form 5604. Compliance teams should treat it as a routine procedural form rather than a new regulatory change, because the content is a form template dated 1 September 2017 and carries a 2026-09-15 date in the feed.

The ECB's Q2 2026 supervisory statistics for 108 significant institutions show capital at 16.00% CET1 and 20.13% total capital, with return on equity rising to 10.73%. Liquidity and funding ratios remain well above minimums but have eased year over year. This is a statistical release, not a new rule, but it gives compliance and risk teams useful peer benchmarks ahead of supervisory dialogue.

ASIC's Form 370 gives resigning or retiring company officeholders an optional way to notify ASIC directly of their departure, provided they attach a copy of their resignation letter. The 28-day lodgement window determines which cessation date ASIC records for a director, so timing matters for governance and liability. Note that the document is dated February 2021 and is a form with its guide, not a new rule or amendment.