GRC Report Staff

From AI to Policing, Sweden’s Data Protection Authority Maps Where Privacy Risks Loom in 2026

The Swedish Data Protection Authority (IMY) has identified three areas that will shape its guidance and enforcement work over the coming year: the use of artificial intelligence in the public sector, the protection of children and young people online, and the expanding range of tools used by law enforcement authorities.

Tribunal Confirms Sanctions Against Banque Havilland Over Qatari Riyal Scheme

A UK tribunal has backed the Financial Conduct Authority’s findings against Banque Havilland, concluding that the bank and two senior figures deliberately devised a scheme intended to undermine the Qatari economy and then lied to regulators and the court when the plan came to light.

South Korea Fines Ready-Mixed Concrete Cartel for Price Fixing in Gwangyang

South Korea’s competition watchdog has fined seven ready-mixed concrete manufacturers and sellers for running a coordinated price-fixing and market-allocation scheme that effectively shut down competition in the private construction market in the Gwangyang area.

EIOPA Survey Highlights Rapid but Measured Generative AI Adoption

Generative AI is no longer a distant experiment for Europe’s insurers, but it’s also not something they’re rolling out recklessly. A new market-wide survey from European Insurance and Occupational Pensions Authority paints a picture of rapid uptake paired with notable restraint, as firms weigh efficiency gains against new operational, regulatory, and governance risks.

Italian Regulator Moves on Alleged Olympic Ambush Marketing Ahead of Milan-Cortina 2026

Italy’s competition authority has opened an investigation into fashion brand Harmont & Blaine, alleging the company may have crossed the line in how it referenced the Milan-Cortina 2026 Olympic and Paralympic Winter Games in its marketing.

Climate Risks Are Shifting Across Portugal’s Insurance & Pension Sectors

The Portuguese Insurance and Pension Funds Supervisory Authority (ASF) has released the third edition of its Annual Report on Climate Risk Exposure, offering a grounded look at how climate transition and physical risks are shaping Portugal’s insurance and pension fund sectors. Developed throughout 2025 with data referenced to year-end 2024, the report shows that investment portfolios are gradually aligning with the climate transition, while the value of assets exposed to floods and wildfires continues to rise.

TD Bank’s Insider Guilty Pleas Are the Aftershocks of a Long-Running AML Failure

Two recent guilty pleas by former employees of TD Bank have drawn renewed attention to the role insider access can play in facilitating financial crime — particularly when combined with weaknesses in transaction monitoring, escalation, and account oversight.