The UK water regulator Ofwat has proposed a £22.46 million penalty against South East Water, accusing the company of repeated failures that left hundreds of thousands of customers without reliable water supply over several years.
The Central Bank of the United Arab Emirates has sought to reassure markets that the country’s banking and financial sector remains resilient and fully operational, even as geopolitical tensions across the region have intensified.
The European Commission has proposed new legislation aimed at strengthening Europe’s industrial base while accelerating the shift toward low-carbon manufacturing. But beyond its economic ambitions, the proposal could introduce a new set of governance and compliance considerations for companies operating across strategic industrial sectors.
A New Zealand High Court has imposed a $1.3 million (NZD $2.1 million) penalty on ASB Bank after internal process failures resulted in incorrect charges and missed discounts for thousands of customers. The ruling follows enforcement action by New Zealand’s Financial Markets Authority and stems from issues tied to the bank’s insurance products and digital banking services. In total, more than 25,000 customers were affected, prompting ASB to refund approximately $2.9 million (NZD $4.7 million) once the issues were identified.
Poland’s competition and consumer protection authority had a busy year in 2025, issuing hundreds of decisions across sectors ranging from banking and telecommunications to e-commerce and agricultural machinery, and imposing more than $290 million (PLN 1.15 billion) in fines.
The Monetary Authority of Singapore has issued new supervisory guidance aimed at strengthening how financial institutions prepare for the economic transition associated with climate change. The regulator released three sets of Guidelines on Environmental Risk Management – Transition Planning, setting out expectations for banks, insurers, and asset managers on how to assess and manage climate-related risks within their business models and portfolios.
Privacy regulators from around the world are stepping up scrutiny of generative AI tools capable of producing realistic images and videos of real people, warning that the technology is already being used in ways that threaten privacy, dignity, and safety.