GRC Report Staff

Singapore Prepares to Streamline Competition Oversight

Singapore’s competition regulator is inviting the business community to weigh in on a refreshed approach to how it reviews mergers and settles investigations — a move aimed at making compliance smoother and decision-making faster.

Microsoft Taken to Court in Australia Over Alleged Misleading Microsoft 365 Subscription Practices

The Australian Competition and Consumer Commission (ACCC) has commenced Federal Court action against Microsoft Australia and its parent Microsoft Corporation, alleging the companies misled approximately 2.7 million Australian Microsoft 365 subscribers over price increases tied to the integration of AI assistant Copilot.

EPA Gives Water Utilities New Tools to Confront Cybersecurity Risks

As cyber threats continue to test the resilience of U.S. water systems, the Environmental Protection Agency is rolling out new resources to help utilities strengthen digital defenses and keep safe water flowing.

New Zealand Scales Back Mandatory Climate Reporting to Support Capital Markets Growth

New Zealand is narrowing the scope of its mandatory climate-related disclosures regime, in a move the Government says will reduce compliance costs for businesses and help restore momentum in the public markets.

EU Finds TikTok & Meta in Preliminary Breach of Transparency Rules Under the DSA

The European Commission recently said it has preliminarily found both TikTok and Meta in breach of their transparency and user rights obligations under the Digital Services Act (DSA), marking the latest move in its ongoing scrutiny of Big Tech platforms’ compliance with the EU’s landmark online regulation.

APRA Eases Governance Reforms After Industry Pushback

The Australian Prudential Regulation Authority (APRA) has revised several of its proposed governance reforms following extensive industry consultation, signaling a more balanced approach to modernizing prudential standards for banks, insurers, and superannuation trustees.

ESMA Puts Cyber Resilience at the Heart of Its 2026 Supervisory Agenda

The European Securities and Markets Authority (ESMA) is doubling down on digital resilience. The EU’s markets watchdog announced that cyber risk and operational resilience will again headline its Union Strategic Supervisory Priorities (USSPs) in 2026, extending its focus on one of the most pressing challenges facing Europe’s financial system.