GRC Report Staff

FOMC Raises Federal Funds Target Range 25 Basis Points to 3.75-4.00 Percent in Unanimous Vote

The Federal Open Market Committee voted 12-0 to raise the federal funds target range by 1/4 percentage point to 3-3/4 to 4 percent, citing elevated inflation and a solid economy. For compliance teams, the move signals continued tightening and raises the importance of interest rate, liquidity, and credit risk monitoring, as well as customer disclosures tied to variable rates.

Federal Reserve Releases September 2026 FOMC Economic Projections Following September 15-16 Meeting

The Federal Reserve Board and FOMC released participants' economic projections tables and charts on September 16, 2026, following the September 15-16 meeting. The release is informational and imposes no direct compliance obligations. It matters to compliance and risk teams because the projections inform interest rate, liquidity, and macroeconomic assumptions used in stress testing, capital planning, and risk governance.

CISA Updates Cyber Incident Reporting Form to Better Identify Emerging Threats

The Cybersecurity and Infrastructure Security Agency (CISA) unveiled an updated cyber incident reporting form Monday, November 9, designed to help federal analysts identify connections between attacks that might otherwise appear unrelated.

EY Survey Finds Funding Constraints Slowing Corporate Sustainability Progress

More than half of organizations surveyed by EY Ireland are struggling to turn their sustainability commitments into action, with funding shortages emerging as the biggest obstacle and fewer than a quarter actively delivering and tracking progress on decarbonization.

South Korea Fines Baemin & Coupang $440 Million Over Food Delivery Competition Violations

South Korea's competition regulator has imposed approximately $440 million (KRW 631.9 billion) in provisional fines on food delivery platforms Baemin and Coupang for restricting restaurant pricing and engaging in other practices that undermined competition in the country's food delivery market.

ASIC Form 5606 Requires Administrators to Lodge Notice of Creditor Meeting Within Two Business Days

ASIC's Form 5606 is the prescribed notice that a voluntary administrator must lodge after giving creditors notice of the meeting required under section 449C(4) of the Corporations Act 2001. The lodgement period is short (two business days), and late fees apply. Compliance teams at institutions with credit exposure to Australian companies in administration should understand the process and the information it makes public. The source lists the form as dated 1 September 2017 (in a 2026-09-16 feed entry), so this appears to be an existing form being republished or re-surfaced rather than a new rule.

ASIC Form 211 Sets Requirements for Notifying Division or Conversion of Share Classes

ASIC's Form 211 and accompanying guide set out how companies must notify the regulator of a division or conversion of share classes under section 246F of the Corporations Act 2001. The notice must be lodged within 14 days, and late lodgement fees apply. The form itself dates from November 2014, so the 2026-09-16 date appears to reflect a republication or catalog update rather than a new rule. Compliance teams should confirm their corporate secretarial processes still align with it.