GRC Report Staff

ESMA Sets Rules for ESG & Sustainability Claims in Fund Names

The European Securities and Markets Authority (ESMA) has issued new guidelines aimed at cracking down on misleading environmental, social and governance (ESG) claims used in the naming and marketing of investment funds.

FTC Finalizes Order Against Blackbaud Over 2020 Data Breach

The Federal Trade Commission has finalized a settlement order against Blackbaud Inc. over allegations that lax security practices at the cloud software company led to a massive data breach in 2020 exposing millions of people's personal information.

SEC Enhances Cybersecurity Rules to Better Protect Customer Data

The Securities and Exchange Commission has adopted amendments to Regulation S-P aimed at strengthening protections for consumers' personal financial information held by broker-dealers, investment companies, registered investment advisers, and transfer agents.

Nissan Cybersecurity Breach Exposes Thousands of Employees' Social Security Numbers

Nissan Motor Corporation has revealed that a recent cybersecurity breach has exposed the Social Security Numbers (SSNs) of thousands of its employees. The company disclosed the breach in a letter sent to affected employees yesterday, outlining the measures being taken to address the situation and offering support to mitigate potential impacts.

Treasury Unveils 2024 Strategy to Combat Illicit Finance Amid Evolving Threats

The U.S. Department of the Treasury today issued its 2024 National Strategy for Combating Terrorist and Other Illicit Financing, outlining the government's priorities to disrupt money laundering, terrorist financing, and other financial crimes.

Treasury Sanctions Target DPRK-Russia Arms Pipeline, Highlighting Rise of Sanctions Compliance Risk

The U.S. Treasury Department has imposed sanctions on two Russian individuals and three Russia-based entities accused of facilitating unlawful weapons shipments between North Korea and Russia, further escalating sanctions risks for companies amid the war in Ukraine.

Google Slapped with Fine by Turkish Regulator Over Search Remedies

Google has been hit with a significant fine by Turkey's Competition Authority for failing to fully implement remedies ordered last year to restore competition in local search services and accommodation price comparison platforms.