A new survey of European business leaders shows overwhelming support for robust corporate sustainability and due diligence rules, countering efforts in Brussels to pare back environmental and reporting requirements under the EU’s Omnibus simplification package.
Germany’s financial watchdog BaFin has released its second supervisory statement on the EU’s Digital Operational Resilience Act (DORA), offering guidance to financial entities eligible for simplified requirements on ICT risk and third-party risk management.
Tyson Foods has agreed to pay $85 million to settle claims it conspired with rivals to drive up pork prices, a deal that pushes total consumer recovery past $200 million in one of the largest antitrust cases to hit the U.S. meat industry.
India’s central bank has set out a sweeping package of reforms designed to toughen the country’s financial system, modernize regulation, and improve protections for everyday consumers. Announced on October 1, the measures cover everything from how banks set aside funds for bad loans, to how exporters manage foreign currency, to how consumers resolve disputes with their banks.
Ireland’s Digital Regulators Group (DRG) has launched a Short Guide to Digital Regulation, a resource designed to help the public and businesses navigate the country’s complex web of digital oversight.
The UK’s audit watchdog has kicked off an ambitious set of consultations aimed at shoring up trust in financial reporting, with proposals that touch fraud detection, going concern judgments, auditor reporting, and enforcement powers.
Malta’s financial watchdog is warning that progress on digital operational resilience, while encouraging, is still uneven across the sector. In a Dear CEO letter published this week, the Malta Financial Services Authority (MFSA) laid out the results of its 2024 supervisory reviews, calling for firms to push further in preparing for the EU’s Digital Operational Resilience Act (DORA).