GRC Report Staff

The U.S. Treasury is leaning harder into data, technology, and coordination as it steps up efforts to disrupt money laundering tied to organized crime and cross-border networks. This week, the Financial Crimes Enforcement Network announced a sweeping, data-driven operation focused on money services businesses operating along the southwest border, which is an initiative that shows how aggressively the department is now using financial intelligence to drive enforcement.

The University of Phoenix has confirmed that a cyberattack linked to a previously unknown software flaw has compromised the personal and financial data of nearly 3.5 million individuals, marking one of the largest education-sector breaches disclosed this year.

Foreign bribery cases rarely begin with a single, obvious act. They tend to surface through patterns, unusual secrecy, opaque ownership structures, and contracts that don’t quite add up. That reality is at the heart of new guidance released this week by the Serious Fraud Office and its Five Eyes law-enforcement partners.

The Saudi Central Bank has rolled out an updated Implementing Regulation of the Finance Companies Control Law, sharpening the rules that govern how finance companies operate across the Kingdom and folding several legacy frameworks into a more unified regulatory structure.

Australian fashion retailer City Beach has been ordered to pay about $9.4 million (AUD 14 million) in penalties after the Federal Court of Australia found it supplied tens of thousands of products that failed to meet mandatory button battery safety and information standards.

The Federal Trade Commission moved again this week to dismantle labor practices it says quietly box workers into lower pay and fewer options, ordering Adamas Amenity Services to stop enforcing no-hire agreements that regulators say restricted job mobility across New Jersey and New York City.

During Abu Dhabi Finance Week 2025, the UAE Sustainable Finance Working Group released its fourth statement, offering a clear signal that the country’s sustainable finance agenda is now moving beyond frameworks and into delivery. The update does not introduce a wholesale reset. Instead, it takes stock of what has already been built and focuses squarely on how those principles are beginning to shape real-world governance, disclosure, and financing decisions.