GRC Report Staff

A member or alternate member of the Board of Appeal of the European Supervisory Authorities (ESAs), Michele Siri, has filed a routine declaration of commitment and interests under Article 59(6) of the ESA founding regulations. The declaration affirms independence and the absence of conflicting interests, and it will be entered in a public register. It is a governance item with no new obligations for firms, but it is relevant for teams that track the integrity of the appeals process.

Bundesbank President Joachim Nagel and former Banque de France Governor François Villeroy de Galhau received the Grand Franco-German Media Prize in Paris for their commitment to European integration. The update is ceremonial and imposes no regulatory obligations. Compliance teams need take no action, though it offers limited context on central bank cooperation and policy tone.

The FCA has published final rules and guidance for the new UK cryptoasset regulatory regime, which is expected to take effect on 25 October 2027. Cryptoasset firms must be authorized and supervised under FSMA to operate in or to the UK, so compliance teams should begin gap assessments and authorization planning now.

EIOPA has acknowledged that Section 9.3 of its RFR Technical Documentation does not align with Article 51(a), paragraphs (2) and (3) of the Delegated Regulation, because it omits that assets and liabilities may be discounted using different curves. Both the omission and the PVBP presentation will be corrected in the next publication. Compliance and actuarial teams should treat the Delegated Regulation as the governing definition when calculating the CSSR for Volatility Adjustment (VA) purposes.

The FCA's Perimeter Guidance Manual (PERG) sets out when firms need authorization or exemption under the Financial Services and Markets Act 2000. The current text carries a notice that PERG has not yet been updated for the new regulated activity of providing targeted support, and it highlights the cryptoasset guidance in PERG 18. Compliance teams should treat the perimeter analysis for these areas as provisional and watch for further FCA changes.

The Norway Financial Supervisory Authority has published a warning about GoldPrideHoldings (goldprideholdings.com), with source material pointing to the Swiss regulator FINMA's warning list. Compliance teams should treat the entity as a potential unauthorized or fraudulent financial services provider and update screening and client-protection controls accordingly.

A member of the Board of Appeal of the European Supervisory Authorities has filed a public declaration of commitment and interests dated June 16, 2026, under Article 59(6) of the ESA founding regulations. The document is a routine governance filing with no new obligations for financial institutions. It matters to compliance teams mainly as a signal of the independence and integrity safeguards that apply to the body that hears appeals against ESA decisions.