GRC Report Staff

India’s Central Bank Unveils Framework for Responsible AI in Finance

The Reserve Bank of India (RBI) has thrown open the conversation on how artificial intelligence should shape the future of Indian finance and, importantly, how it shouldn’t.

Match Group to Pay $14 Million & Overhaul Practices After FTC Allegations

Match Group, the company behind Match.com, OkCupid, PlentyOfFish, The League, and other dating platforms, will pay $14 million and make sweeping changes to its business practices to settle Federal Trade Commission charges that it misled consumers and made it unnecessarily difficult to cancel subscriptions.

Hong Kong’s Market Watchdogs Set Enforcement Precedent Over Non-Cooperation in Regulatory Probes

If there’s one thing regulators don’t like, it’s being ignored. And in Hong Kong, if you try to duck the calls of the market watchdogs, they’ll make sure everyone knows.

Deloitte Survey Finds Growing Public Experience With Extreme Weather, Shifting Climate Attitudes & Workplace Expectations

Extreme weather is no longer an abstract headline, it’s becoming a lived experience for much of the world. Deloitte’s latest Sustainability Signals survey shows that more than half of people globally have faced events like intense summer heat, flooding, or powerful storms in the past few years, with these encounters strongly shaping attitudes, spending habits, and workplace expectations.

Technology Seen as Critical to Stronger AML/CFT Enforcement in EU

The European Banking Authority (EBA) has found that supervisory technology, or SupTech, has the potential to make anti-money laundering and countering the financing of terrorism (AML/CFT) supervision more efficient, data-driven, and risk-focused across the EU, but warns that adoption is still in its early stages and not without challenges.

Court Ruling Sends Compliance Warning with $7.4 Million Penalty for Credit Act Breaches

For years, Rent4Keeps and one of its biggest franchisees, Darranda, made their money by selling essential household goods to people who could least afford them and charging them eye-watering sums along the way.

BaFin Offers Practical Guide to Navigating DORA’s Documentation Maze

Since the EU’s Digital Operational Resilience Act (DORA) took effect on January 17, 2025, financial entities across Europe have been working to align with its far-reaching operational resilience and ICT security rules. Now, Germany’s Federal Financial Supervisory Authority (BaFin) has stepped in with a tool designed to make one of DORA’s more challenging elements (documentation requirements) easier to grasp.