GRC Report Staff

FCA Finalizes Rules for UK Cryptoasset Regime Taking Effect October 2027

The FCA has published final rules and guidance for the new UK cryptoasset regulatory regime, which is expected to take effect on 25 October 2027. Cryptoasset firms must be authorized and supervised under FSMA to operate in or to the UK, so compliance teams should begin gap assessments and authorization planning now.

EIOPA Confirms RFR Technical Documentation Error in Credit Spread Sensitivity Ratio Calculation for

EIOPA has acknowledged that Section 9.3 of its RFR Technical Documentation does not align with Article 51(a), paragraphs (2) and (3) of the Delegated Regulation, because it omits that assets and liabilities may be discounted using different curves. Both the omission and the PVBP presentation will be corrected in the next publication. Compliance and actuarial teams should treat the Delegated Regulation as the governing definition when calculating the CSSR for Volatility Adjustment (VA) purposes.

FCA Perimeter Guidance Manual Update Flags Pending Targeted Support and Cryptoasset Perimeter Change

The FCA's Perimeter Guidance Manual (PERG) sets out when firms need authorization or exemption under the Financial Services and Markets Act 2000. The current text carries a notice that PERG has not yet been updated for the new regulated activity of providing targeted support, and it highlights the cryptoasset guidance in PERG 18. Compliance teams should treat the perimeter analysis for these areas as provisional and watch for further FCA changes.

Norway FSA Republishes Warning on GoldPrideHoldings, a Swiss-Linked Unauthorized Entity

The Norway Financial Supervisory Authority has published a warning about GoldPrideHoldings (goldprideholdings.com), with source material pointing to the Swiss regulator FINMA's warning list. Compliance teams should treat the entity as a potential unauthorized or fraudulent financial services provider and update screening and client-protection controls accordingly.

EBA Board of Appeal Member Publishes Declaration of Commitment and Interests for 2026

A member of the Board of Appeal of the European Supervisory Authorities has filed a public declaration of commitment and interests dated June 16, 2026, under Article 59(6) of the ESA founding regulations. The document is a routine governance filing with no new obligations for financial institutions. It matters to compliance teams mainly as a signal of the independence and integrity safeguards that apply to the body that hears appeals against ESA decisions.

EIOPA Clarifies Policy Treatment and Asset Type Guidance for New QRT S.27.03 Reporting

EIOPA has issued a final Q&A (ID 3612) clarifying how undertakings should treat renewed and expired policies in the new QRT S.27.03 and where to find guidance on commercial versus industrial asset types. Expired policies must follow the approach used for comparable datapoints in QRT S.05.01, and asset classification guidance sits in Annex IV of S.06.02. Compliance teams should align data logic and classification rules now to avoid inconsistent submissions.

BaFin Warns of Unauthorized AI Investment Platforms Nevald, Rendzyx, and Zinsoren

BaFin has warned the public about a series of nearly identical websites, run by unknown operators, that promote an AI-based investment platform under the names "Nevald," "Rendzyx," and "Zinsoren" without the required authorization. Compliance teams should treat the listed domains as indicators of investment fraud and use them to strengthen fraud detection, customer protection, and monitoring controls.