GRC Report Staff

FMG to Pay $1.3 Million After Admitting Misleading Insurance Representations

Farmers’ Mutual Group (FMG) has admitted to breaching fair dealing provisions under New Zealand’s Financial Markets Conduct Act after an investigation by the country’s financial regulator. The Financial Markets Authority’s inquiry, which followed a self-report by FMG, focused on two long-running issues affecting tens of thousands of policyholders.

GRC Report Announces Partnership With Risk-!n 2026 Conference

The GRC Report has announced a new partnership with the Risk-!n 2026 conference, aligning one of the fastest-growing governance, risk, and compliance media platforms with a cross-industry gathering focused on risk management, resilience, and decision-making.

As AMLA Takes Shape, ECB Signals a New Era of Coordinated Financial Crime Supervision

Europe’s long-promised reset of anti-money laundering supervision is moving from legislative text to lived reality. Speaking in Frankfurt on Tuesday, Claudia Buch, Chair of the Supervisory Board of the European Central Bank, used a policy workshop to lay out what the arrival of the European Anti-Money Laundering Authority actually means in practice.

Poland Targets Meta Over Alleged Failure to Provide Direct Contact for Facebook & Instagram Users

For millions of users, losing access to a Facebook or Instagram account is not a minor inconvenience. It can mean lost sales, reputational damage, or private messages falling into the wrong hands. And when that happens, speed matters. That urgency is at the center of new charges brought by Urząd Ochrony Konkurencji i Konsumentów against Meta Platforms, the company that manages Facebook and Instagram in Europe.

EU Data Watchdogs Back Digital Omnibus Simplification but Push Back on Redefining Personal Data

The European Data Protection Board and the European Data Protection Supervisor have thrown their weight behind efforts to simplify the European Union’s digital rulebook, while drawing a firm red line around proposed changes to the definition of personal data.

Bank of England Embeds Climate Risk Into Core Monetary & Financial Stability Framework

Climate risk is no longer a theoretical overlay in central banking. It is becoming embedded in the day-to-day mechanics of monetary policy, supervision and financial stability. That is what James Talbot, Executive Director for International at the Bank of England, said while speaking at the London School of Economics. Talbot, who also chairs the monetary policy work-stream at the Network for Greening the Financial System, set out how the Bank is integrating climate considerations across its core objectives.

Australia Updates Radio Broadcasting Rules to Cover AI Use

Australia’s commercial radio broadcasters will soon have to be upfront with listeners about when artificial intelligence is on air, under a newly registered code that updates long-standing broadcasting rules for the first time to explicitly address AI.