GRC Report Staff

Shein Fined €40 Million in France for Misleading Discounts & Dubious Green Claims

The French government has fined online fashion retailer Shein €40 million after uncovering widespread deceptive practices in how the company advertised price reductions and promoted its environmental credentials.

AFM Applauds Early CSRD Reports but Calls for Sharper Focus on Materiality & Strategic Integration

The first wave of sustainability reports published under the EU’s Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS) is starting to roll in, and while the Netherlands Authority for the Financial Markets (AFM) has offered praise for the progress made, it’s also calling for greater clarity and strategic depth in future disclosures.

Korea Sanctions KAB & Telus International AI over Major Data Breaches & Security Failures

South Korea’s privacy watchdog has handed financial penalties to the Korea Accreditation Board (KAB) and Telus International AI for failing to put in place basic safeguards to protect personal data, following significant breaches tied to long-known security vulnerabilities.

Key Holding Pays the Price After Overlooking Cuba Sanctions

Key Holding, a Delaware-based logistics firm with global operations, just learned the hard way that in the world of sanctions, ignorance isn’t bliss, it’s rather expensive. After acquiring a Colombian freight subsidiary in late 2021, the company failed to realize that the acquisition brought new obligations under U.S. sanctions laws. That oversight ultimately led to 36 unauthorized shipments to Cuba, triggering a $608,825 settlement with the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).

Sustainable Signals 2025 Report Reveals How Corporations Are Turning Sustainability into Strategy

Sustainability has officially entered the core business agenda. For many corporations, it’s directly tied to profitability, investment decisions, and long-term risk management, no longer a side initiative or a reputational hedge. That shift comes through clearly in Morgan Stanley’s latest Sustainable Signals: Corporates 2025 report, where 88% of surveyed companies said they view sustainability as a value creation opportunity. The report, based on responses from over 330 decision-makers worldwide, shows that sustainability is maturing, but so are the risks and the complexi

Dutch Regulator Examines Risk Controls Behind Automated Energy Trades

In the high-speed world of energy trading, algorithms are calling more of the shots. But with greater automation comes a bigger question over who's watching the watchers?

GRC Leaders Are Scaling with AI, According to New Global Survey

If you’ve been feeling like everyone’s talking about AI but few are truly doing something transformative with it, you're not alone. But a new study from AuditBoard and Panterra Research shows that the most advanced organizations aren’t just dabbling in AI for governance, risk, and compliance (GRC). They’re scaling the mountain, and leaving others at base camp.