GRC Report Staff

Spain Charts Climate Risk to Protect Its Coastal Economy

A new climate risk initiative in Spain is taking a more structured and forward-looking approach to a problem that has long been acknowledged but less often operationalized. How will climate changereshape the viability of marine aquaculture?

Switzerland Advances Banking Act Reforms as FINMA Calls for Stronger Preventive Powers

Switzerland’s financial watchdog has thrown its support behind a fresh push to strengthen the country’s banking rules, while making clear that lawmakers should go further to close gaps exposed by past crises.

Online Mattress Retailer Fined $9.8 Million Over Misleading Discount Claims

The Federal Court of Australia has ruled that Emma Sleep and Emma Sleep Southeast Asia breached the Australian Consumer Law by promoting products with inflated reference prices and misleading time-limited offers. Each entity was fined $4.9 million (AUD 7.5 million).

EU Supervisors Spotlight Digital Risk & Cyber Resilience as Financial System Evolves

The Joint Committee of the European Supervisory Authorities has laid out a year shaped by digital transformation, rising cyber threats, and growing scrutiny of sustainable finance, according to its newly published 2025 annual report.

Italian Regulator Probes Vorwerk After Neato Robot Devices Allegedly Rendered Unusable

Italy’s competition watchdog has launched an investigation into Vorwerk over concerns that consumers were left with unusable devices after key digital services were switched off.

Sapia to Pay £19.6 Million to WealthTek Clients as FCA Rebukes Firm Over Client Money Failures

Sapia will pay more than £19.6 million to clients of WealthTek after UK regulators found the firm failed to put adequate safeguards around client money, exposing customers to the risk of loss.

AFM Steps Up Pressure on Financial Firms to Strengthen Digital Accessibility Compliance

In its latest update tied to the European Accessibility Act, the Netherland's Autoriteit Financiële Marktenthe laid out guidance for firms navigating accessibility requirements, while making clear that oversight will intensify in the months ahead. The aim is to ensure that people with disabilities can access and manage financial services independently in an increasingly digital environment.