GRC Report Staff

The Dutch central bank has fined payment institution CCV Netherlands €2.65 million after finding that deficiencies in its transaction monitoring system persisted for more than two years, leaving thousands of merchant profiles improperly processed and potentially suspicious activity inadequately examined. De Nederlandsche Bank announced the penalty Monday, saying CCV failed to adequately and continuously monitor transactions as required under the Netherlands’ Anti-Money Laundering and Anti-Terrorist Financing Act, known by its Dutch abbreviation, Wwft.

Edwards Lifesciences paid $115 million for JC Medical in July 2024, an amount that landed just beneath the $119.5 million threshold that would have required the transaction to be reported to federal antitrust authorities. It was close, but close does not count in a statute governed by arithmetic. The Federal Trade Commission says the math was incomplete.

The Dutch Data Protection Authority has published two documents on Monday. One provides GDPR guidance for developers of generative AI models. The other offers a practical checklist for organizations that want to purchase, implement and use the technology.

For 208 business days, Deutsche Bank’s reports to Australia’s corporate regulator placed hundreds of thousands of derivatives transactions on the wrong side of the ledger. The problem was in the “direction” fields, mandatory entries showing whether the bank was acting as the effective buyer or seller at a specified price. Deutsche Bank reported those fields inaccurately for 264,574 over-the-counter derivatives transactions between Oct. 21, 2024, and Aug. 15, 2025, according to the Australian Securities and Investments Commission.

Five Dutch regulators have asked the government and corporate sector to reconsider a choice that rarely feels momentous when it is made: who supplies the technology beneath the business.

Britain’s financial regulators will begin overseeing four of the world’s largest technology providers on Monday, extending their reach into the cloud infrastructure that banks and other financial institutions increasingly rely on to keep operating.

RentGrow will pay $2.25 million to settle federal allegations that its tenant screening reports included duplicate criminal and eviction records, potentially making some applicants appear to have more extensive histories than they did, the Federal Trade Commission announced Wednesday.