GRC Report Staff

EU Commission Weighs Early Lessons From Digital Markets Act Review

The European Commission has published a detailed snapshot of how stakeholders are responding to the ongoing review of the Digital Markets Act (DMA), offering an early sense of where Europe’s landmark digital competition rule is landing and where pressure is already building for change.

EU Supervisors Lay Groundwork for ESG Stress Testing Across the Financial System

Europe’s financial supervisors are taking another step toward embedding environmental, social, and governance risks into mainstream oversight, with the publication of new Joint Guidelines on ESG stress testing by the European Supervisory Authorities.

Labor Department Expands Voluntary Compliance Program for Employee Benefit Reporting

The U.S. Department of Labor is giving benefit plan administrators more breathing room to fix past reporting missteps, expanding a long-running self-correction program to cover missed annual filings by Multiple Employer Welfare Arrangements.

Denmark’s Data Protection Authority Draws a Hard Line on AI, Monitoring, & Privacy Risks in 2026

In a statement recently published, the Danish Data Protection Authority laid out the areas that will receive special attention in its supervisory work this year. The priorities form the backbone of inspections, guidance, complaint handling, and European cooperation planned for 2026, and they reflect a growing unease about how fast-moving technologies are reshaping everyday data processing, often in ways individuals have little real ability to resist.

Philippine SEC Introduces ISSB-Aligned Sustainability Reporting Requirements

The Philippines' Securities and Exchange Commission recently issued Memorandum Circular No. 16, Series of 2025, adopting the Philippine Financial Reporting Standards on Sustainability Disclosures and setting out new reporting rules for publicly listed companies and large non-listed entities. The circular marks a decisive shift away from the country’s earlier, more limited sustainability reporting framework and brings its sustainability reporting regime into line with global practices.

Dutch Regulators Urge Firms to Prepare for New EMIR 3 Reporting Duties

Dutch financial supervisors are pressing market participants to look closely at new reporting expectations under the revised European Market Infrastructure Regulation, following fresh clarification from Europe’s securities watchdog.

Hong Kong Regulator Fines Saxo Capital Markets Over Virtual Asset Distribution Failures

Hong Kong’s securities regulator has fined Saxo Capital Markets $510,000 (HK$4 million) after finding that the firm allowed retail investors to trade complex virtual asset-related products that should have been restricted to professional investors.