The Financial Reporting Council has published new guidance aimed at helping audit firms navigate the rapid adoption of generative and agentic artificial intelligence, marking what it describes as the first such guidance from any audit regulator globally.
There’s a quiet but consequential shift underway in how companies are expected to talk about pollution. And if the Global Reporting Initiative gets its way, that conversation is about to become far more detailed, far more comparable, and far harder to sidestep.
The Federal Trade Commission has brought an enforcement action against OkCupid and its affiliate Match Group Americas, accusing the companies of quietly sharing users’ personal data with a third party despite telling users otherwise.
Italy’s privacy regulator has fined Intesa Sanpaolo €31.8 million after concluding that a prolonged, undetected data breach exposed deep flaws in the bank’s internal controls and security oversight. The decision from the Italian Data Protection Authority follows an investigation triggered by the bank’s own breach notification in July 2024. What emerged was not a one-off lapse, but a pattern of unauthorized access stretching over more than two years.
Australia’s overhaul of its anti-money laundering and counter-terrorism financing framework has moved out of consultation mode and into execution, with regulators finalizing the rules that will govern how businesses transition into the new regime.
Poland’s Office of Competition and Consumer Protection has handed down more than $1.88 million (PLN 7,033,289) in fines to companies operating in the renewable energy sector, signaling that the country’s push toward clean energy will not come at the expense of consumer protection.
Italy’s competition regulator has opened two investigations into major players in the cosmetics sector, examining whether marketing practices may have encouraged children and adolescents to use products designed for adults.