GRC Report Staff

The SEC has granted temporary, conditional relief from the Exchange Act "exchange" definition for Tokenized Securities Venues (TSVs) trading tokenized NMS stock through permissioned AMM Liquidity Pools. It also provides a conditional "dealer" exemption for liquidity providers. The relief expires five years after publication, and the SEC is seeking public comment. Compliance teams should assess participation, conditions, and engagement opportunities now.

The Hong Kong Monetary Authority set the Base Rate at 4.25% with immediate effect on September 17, 2026, following a 25-basis point increase in the US federal funds target range. The adjustment was driven by the pre-set formula, which tracks the US rate, rather than by local interbank conditions. Compliance teams should confirm that rate-linked products, disclosures, and liquidity procedures reflect the new rate.

The European Parliament has called for new safeguards governing the use of artificial intelligence in EU institutions, including greater scrutiny of its influence on elections, political decision-making, and fundamental rights.

South Korean regulators have identified weaknesses in how major bank holding companies select their chief executives, appoint independent directors and oversee senior management, prompting a proposed overhaul of corporate governance rules intended to curb executive entrenchment.

Deutsche Bank has been fined €8 million by Germany’s financial regulator for failing to handle customer complaints promptly and delaying securities account transfers during the migration of Postbank customers to its shared IT platform in 2023.

A sharp fall in financial asset prices could leave Australian institutions facing higher funding costs and diminished investment values. A disruption at a major technology provider could affect several institutions at once. The Australian Prudential Regulation Authority (APRA) is concerned about the possibility of such pressures occurring together.

The Canadian Securities Administrators (CSA), through the Ontario Securities Commission, has published a notice and request for comment on proposed amendments to National Instrument 81-102 Investment Funds. The amendments would provide exemptions from certain repurchase transaction requirements for investment funds. Only the title and metadata were available for this review, so compliance teams should read the full PDF before relying on any detail below.