GRC Report Staff

Cyber Resilience Needs More Than Checkboxes, Says German Business Chamber

As Germany scrambles to catch up on implementing the EU’s updated cybersecurity directive, the country’s leading business group is warning lawmakers not to let good intentions get lost in bad bureaucracy.

AER Reports Over $53 Million in Penalties as Consumer Protection Drives 2024–25 Enforcement Efforts

The Australian Energy Regulator (AER) is keeping consumers front and center in the fight for fairness. In its newly released 2024–25 compliance and enforcement report, the regulator laid out a year’s worth of action designed to hold energy companies accountable and ensure that vulnerable Australians aren’t left in the dark.

Morgan Stanley Report Finds Companies Doubling Down on Sustainability for Long-Term Value

A growing number of global companies continue to see sustainability as a pathway to long-term value, not just risk mitigation, according to the 2025 Sustainable Signals: Corporates report from the Morgan Stanley Institute for Sustainable Investing.

Hong Kong Regulator Fines Three Banks for Anti-Money Laundering Failures

‍The Hong Kong Monetary Authority (HKMA) has taken disciplinary action against three banks for failing to meet anti-money laundering and counter-terrorist financing (AML/CFT) requirements, citing serious deficiencies in their transaction monitoring systems and oversight.

Goldman Sachs-Led Consortium Acquires Majority Stake in NAVEX, Marking Major GRC Software Investment

A consortium led by Goldman Sachs Alternatives, including Blackstone, has acquired a majority stake in NAVEX, a global provider in ethics, risk, and compliance software, in a deal that demonstrates growing investor appetite for governance, risk, and compliance (GRC) platforms amid increasing regulatory complexity.

ASIC Sues Fortnum Private Wealth Over Alleged Cybersecurity Failures

Australia’s financial markets watchdog has launched civil proceedings against Fortnum Private Wealth, accusing the advice firm of neglecting basic cybersecurity obligations and exposing thousands of clients to significant data risks, including one breach that allegedly saw sensitive client information surface on the dark web.

ESG Assurance Gains Ground Despite Regulatory Headwinds, KPMG Survey Finds

Even in the face of shifting regulations, mounting data demands, and a murky compliance landscape, companies aren’t backing down from their ESG reporting commitments. That’s the central message from KPMG’s 2025 ESG Assurance Maturity Index, which paints a nuanced picture of steady, if uneven, progress, and a growing divide between those leading the charge and those still trying to find their footing.