GRC Report Staff

Spanish Boards Under the Microscope in CNMV’s 2025 Governance Review

The Spanish National Securities Market Commission (CNMV) published its annual reports on corporate governance and board remuneration on September 21, drawing together disclosures submitted by listed companies for the 2025 financial year. Spain’s listed companies reported greater adherence to the country’s Good Governance Code in 2025, even as the largest companies lost some ground on a measure the code is meant to encourage: independent oversight in the boardroom.

AI Is Expanding the DPO’s Role Faster Than Organizations Are Preparing for It

A study released Tuesday by France’s data protection authority, the CNIL, alongside the French Ministry of Labour and Solidarity and the French Association of Data Protection Officers (AFCDP), found that 55% of DPOs already consider the EU AI Act part of their responsibilities. Seventy-one percent would like their role formally extended to include compliance with the regulation.

New York Sets November Registration for Major AI Developers Under RAISE Act

New York will begin directing large frontier AI developers to register with the state in November, giving companies roughly two months to prepare before the central requirements of the state's RAISE Act take effect in January.

EDPB Sets Five-Step Method for GDPR Fines & Finalizes DSA Privacy Guidelines

Europe’s data protection authorities have never lacked ways to punish a GDPR violation. They can warn an organization, reprimand it, order it to change what it is doing, restrict its processing or stop that processing altogether. And, of course, they can fine it. What has been less settled is how an authority should decide among those choices.

ASIC Finds Climate Disclosures Improving Under Australia’s New Sustainability Reporting Rules

ASIC has found an improvement in climate-related financial disclosures under Australia’s new mandatory sustainability reporting regime, although the regulator says companies still have work to do on some of the disclosures that demand the most judgment. The Australian Securities and Investments Commission reviewed a sample of 40 sustainability reports lodged for financial years ending Dec. 31, 2025. Its findings provide an early picture of what mandatory reporting has changed after years in which companies largely disclosed climate information voluntarily.

Amway, Affiliates Agree to $225 Million Settlement Over FTC, Washington Deception Allegations

Amway and two of its largest affiliates have agreed to a $225 million judgment to resolve allegations that they used unfair and deceptive practices to recruit people into Amway's multilevel marketing business and keep them buying products once they were there. Nearly all of the money would go to participants who lost money after being recruited by the two affiliates, World Wide Group LLC and Leadership Team Development Inc.

KPMG Survey Finds Cyberattacks Rising as CISOs Grapple With AI & Complexity

Cyberattacks increased at 83% of large U.S. organizations over the past year, according to a recent KPMG survey, even as companies poured more money into artificial intelligence and expanded the responsibilities of the executives charged with keeping their systems secure.