GRC Report Staff

In a major settlement, Hino Motors, a subsidiary of Toyota Motor Corporation, has agreed to plead guilty to criminal conspiracy charges and pay a staggering $1.6 billion to resolve allegations of emissions fraud. The U.S. Department of Justice (DOJ), Environmental Protection Agency (EPA), and a host of other federal and state agencies announced the resolution, which includes criminal fines, civil penalties, and a series of corrective measures.

The Federal Trade Commission (FTC) and the Department of Justice (DOJ) recently released updated antitrust guidelines for business activities affecting workers. The announcement, made on January 16, 2025, replaces the 2016 Antitrust Guidance for Human Resource Professionals and highlights a renewed focus on safeguarding workers' rights through rigorous enforcement of competition laws.

The European Banking Authority (EBA) has stepped up its efforts to help financial institutions navigate the complexities of Environmental, Social, and Governance (ESG) risks with the release of its draft Guidelines on ESG scenario analysis. These guidelines, now open for public consultation, offer a roadmap for institutions to adopt forward-looking approaches and test their resilience against a backdrop of increasingly volatile environmental and social challenges.

The Office of the Comptroller of the Currency (OCC) has begun the year by unveiling a sweeping set of enforcement actions aimed at holding banks and their personnel accountable. January’s slate includes hefty penalties, prohibitions, and stern warnings for institutions and individuals alike. Beyond the headlines, it’s a sharp reminder of the regulator’s ongoing commitment to rooting out misconduct at every level of the financial sector.

In a world where swiping right or transferring money can be done in seconds, trust is the bedrock of our digital lives. For Cash App users, that trust has been shaken—and regulators are stepping in with a forceful reminder that convenience can’t come at the cost of consumer protection.

When over 50 million people trust you to manage their money, getting it right isn’t just important—it’s everything. Unfortunately for Block, Inc., the parent company of Cash App, state regulators say the company dropped the ball.

If you’ve ever felt a pang of anxiety about whether your web hosting service is keeping your data safe, the Federal Trade Commission (FTC) is here to validate those fears. Today, the FTC announced a proposed settlement with GoDaddy, one of the world’s largest web hosting companies, after accusing it of leaving the digital backdoor wide open for cybercriminals—and misleading its customers about the state of its security.