GRC Report Staff

EU Data Watchdogs Back Digital Omnibus Simplification but Push Back on Redefining Personal Data

The European Data Protection Board and the European Data Protection Supervisor have thrown their weight behind efforts to simplify the European Union’s digital rulebook, while drawing a firm red line around proposed changes to the definition of personal data.

Bank of England Embeds Climate Risk Into Core Monetary & Financial Stability Framework

Climate risk is no longer a theoretical overlay in central banking. It is becoming embedded in the day-to-day mechanics of monetary policy, supervision and financial stability. That is what James Talbot, Executive Director for International at the Bank of England, said while speaking at the London School of Economics. Talbot, who also chairs the monetary policy work-stream at the Network for Greening the Financial System, set out how the Bank is integrating climate considerations across its core objectives.

Australia Updates Radio Broadcasting Rules to Cover AI Use

Australia’s commercial radio broadcasters will soon have to be upfront with listeners about when artificial intelligence is on air, under a newly registered code that updates long-standing broadcasting rules for the first time to explicitly address AI.

Dutch Regulator Appeals Reduced Fine in Crypto Registration Case

A Dutch court has trimmed a multimillion-euro fine imposed on a crypto service provider for operating in the Netherlands without the legally required registration, in a case that continues to test how aggressively regulators can enforce anti-money laundering rules against the crypto sector.

Japan’s Financial Regulator Moves to Toughen Cybersecurity for Crypto Exchanges

This week, the Japanese Financial Services Agency published a draft policy aimed at strengthening cybersecurity measures for crypto-asset exchange service providers, opening the door for public feedback as authorities look to curb the steady drumbeat of crypto thefts and system breaches seen around the world.

Federal Court Blocks Texas Anti-ESG Law, Setting Limits on State Leverage Over Corporate Policy

A federal judge has permanently blocked Texas from enforcing Senate Bill 13, striking down one of the state’s most aggressive attempts to push back against Environmental, Social, and Governance practices through public investment and procurement rules.

France’s Data Protection Authority Reports €486.8 Million in Fines During 2025

Over the course of the last year, the France’s data protection authority, the Commission nationale de l'informatique et des libertés (CNIL), issued 259 decisions, ranging from sanctions and compliance orders to reminders of legal obligations and warnings. Together, those actions translated into €486,839,500 in cumulative fines, or roughly $530 million, with cookies, employee monitoring, and data security emerging as the most common fault lines.