GRC Report Staff

On Tuesday, the European Parliament is expected to outline a set of principles aimed at strengthening copyright protections as generative AI systems increasingly rely on vast troves of creative content for training. The discussion comes as policymakers grapple with concerns from publishers, artists, and media organizations that their work is being absorbed into AI models without clear acknowledgment or compensation.

The world’s largest technology platforms have submitted updated reports to the European Commission outlining how they are complying with the European Union’s Digital Markets Act, the regulation designed to curb the market power of dominant digital platforms.

Spain’s National Commission for Markets and Competition (CNMC) has launched an investigation into potential anti-competitive conduct within the country’s insurance sector, examining whether insurers and insurance brokers may have coordinated aspects of claims handling and market practices.

Poland’s competition and consumer protection authority says years of enforcement against misleading country-of-origin labels on fruit and vegetables are beginning to pay off, with follow-up inspections now showing that irregularities in grocery stores have dropped to negligible levels.

The U.S. Treasury Department’s Financial Crimes Enforcement Network has issued an $80 million civil money penalty against Canaccord Genuity, accusing the broker-dealer of willfully violating the Bank Secrecy Act (BSA) through systemic anti-money laundering failures tied to securities fraud activity.

Australia’s corporate regulator has taken the unusual step of asking a court to wind up Liberty Bell Bay after the company repeatedly failed to lodge mandatory financial reports and allegedly ignored court orders requiring it to do so.

The UK water regulator Ofwat has proposed a £22.46 million penalty against South East Water, accusing the company of repeated failures that left hundreds of thousands of customers without reliable water supply over several years.