GRC Report Staff

AMLA Executive Board Member Hennie Verbeek-Kusters used the 83rd IBSA General Membership Meeting in Brussels on September 14, 2026 to outline AMLA's priorities for financial intelligence. She emphasized relevant, accurate and timely intelligence, stronger feedback loops across the AML/CFT system, cross-border information-sharing, and new public-private information-sharing mechanisms. Compliance teams should treat this as a signal of supervisory expectations on suspicious activity reporting quality and cooperation.

Premier Payment Solutions Ltd (trading as PPS Money and MTBS), a UK small payment institution, entered voluntary liquidation on September 10, 2026, and joint liquidators from BTG Begbies Traynor have been appointed. Customer funds are not covered by the Financial Services Compensation Scheme (FSCS), and small payment institutions are not required to safeguard funds under the Payment Services Regulations 2017. Compliance teams at firms with exposure to PPS Money, whether as customers, counterparties, or agent networks, should assess their positions promptly.

De Nederlandsche Bank published an analysis showing that interest rate changes have a smaller and less apparent effect on growth and inflation when uncertainty is high, particularly financial and geopolitical uncertainty. The publication is not a rule and imposes no obligations, but it matters for compliance and risk teams because it challenges assumptions about how quickly and fully rate moves flow through to the economy, and it bears on stress testing, scenario design, and interest rate risk management.

Superintendent Routledge announced that OSFI is recalibrating its risk appetite. Financial system resilience remains the primary responsibility, but OSFI is adding an enhanced focus on supporting sustainable economic growth and on promoting competitive intensity. Compliance teams should expect capital amendments this fall and in 2027, easier market entry, and an annual regulatory burden reduction program. These changes will affect capital planning, supervisory engagement, and regulatory change management.

Regulation H (12 CFR Part 208) is the Federal Reserve's core rulebook for state member banks. It covers admission to the System, ongoing conditions of membership, capital adequacy, dividend limits, and branch establishment. The text provided is a codified, consolidated version dated 2026-09-14 and is truncated mid-§ 208.6(f). It reads as a restatement of existing requirements, not a clearly identified new amendment, so compliance teams should confirm whether any substantive change is intended.

The Deutsche Bundesbank hosted its 21st Central Bank Conference on the Microstructure of Financial Markets, covering FX volatility, central clearing and collateral, transparency, safe asset liquidity, and AI in securities markets. The event creates no binding obligations, but it signals supervisory research priorities that may shape future policy. Compliance teams should treat it as an early indicator of emerging regulatory focus areas.

The SEC's Division of Examinations published a Risk Alert detailing observations on how investment advisers conduct the annual compliance review required under the Advisers Act compliance rule (Rule 206(4)-7). The alert identifies areas advisers should consider and encourages them to strengthen their review processes. Compliance teams should treat it as a preview of examination priorities and benchmark their current review practices against it.