Velox Clearing, a Miami-based clearing broker with just two-dozen registered representatives, has learned the hard way that a skeleton compliance crew and patchwork surveillance don’t cut it when you’re moving thinly traded penny stocks for foreign clients.
As the world becomes more interconnected and regulatory frameworks grow in complexity, organizations are under increasing pressure to manage risks effectively while remaining compliant. The role of artificial intelligence (AI) in Governance, Risk, and Compliance (GRC) is evolving rapidly, offering promising solutions to enhance decision-making, automate repetitive tasks, and ensure compliance across various business functions. While the integration of AI into GRC tools provides unprecedented efficiency, it also introduces challenges that organizations must carefully navigate.
In a move pitched as part simplification, part survival strategy, EU member states have agreed to rein in some of the most ambitious corporate sustainability rules on the books, at least for now.
There’s nothing like a fresh list from the Financial Action Task Force (FATF) to remind the world’s financial institutions that risk never sleeps. At its latest plenary meeting this June, the FATF (the global watchdog for anti-money laundering, counter-terrorist financing, and counter-proliferation finance i.e., AML/CFT/CPF) updated its closely watched list of countries with strategic deficiencies in these areas. Two new names made the cut, three were struck off, and the usual suspects remain firmly entrenched in the high-risk zone.
Somewhere, buried in an unsecured cloud server, were 16 billion reasons to worry about your organization’s security posture. They weren’t ransomware payloads or zero-days. They were passwords. And not just a few stray credentials, 16 billion of them.
Europe’s insurers and pension funds might be standing tall right now (capital buffers solid, premiums growing, and profits holding up) but the European Insurance and Occupational Pensions Authority (EIOPA) is urging them not to let their guard down. In its June 2025 Financial Stability Report, the regulator strikes a careful balance: acknowledging the sector’s resilience while pointing to a world growing less predictable by the day.
Amid signs of a fragile recovery, Finland’s financial watchdog is warning that stability could be at risk if aggressive global power politics, mounting geopolitical tensions, and a slower-than-expected economic rebound persist. While the financial system remains stable for now, the Financial Supervisory Authority (FIN-FSA) and the Bank of Finland urge increased resilience measures and macro-prudential reforms to brace for what may come.