GRC Report Staff

ESMA’s Draft Rules for ESG Rating Providers Set to Transform the Sector

The European Securities and Markets Authority (ESMA) has just dropped a draft of its Regulatory Technical Standards (RTS) under the EU’s ESG Rating Regulation. These proposed rules aim to bring more clarity, transparency, and trust to the world of ESG ratings, an area that has seen rapid growth but little oversight, until now.

Morgan Stanley’s Sustainable Signals Report Shows Growing Interest in Sustainability

Amid claims that ESG (Environmental, Social, and Governance) and sustainable investing were set to fade into obscurity under a second Trump presidency, new data from Morgan Stanley suggests otherwise. Instead of waning interest, sustainable investing is experiencing a significant surge, driven particularly by younger generations who are not just interested in financial returns but also in aligning their investments with their values.

Raytheon & Nightwing Group Pay $8.4 Million to Settle Cybersecurity Allegations

Raytheon and its former subsidiary, Nightwing Group, have reached an $8.4 million settlement to resolve allegations tied to cybersecurity lapses in contracts with the U.S. Department of Defense (DoD). This settlement, while hefty, speaks volumes about the importance of cybersecurity in defense contracting and the government’s commitment to keeping sensitive information safe from cyber threats.

AFM Sets New Standards for Sustainable Finance & ESG Compliance

The Dutch Authority for the Financial Markets (AFM) kicked off May 2025 with an important update on their priorities for sustainable finance. As consumers increasingly demand financial products that align with their values, the AFM has issued clear guidance on how financial institutions can meet this new wave of demand. But while progress has been made, the AFM is urging financial firms to do even more—and they’re not holding back on their expectations.

KPMG’s Geopolitical Risks Report for 2025 & How Your Business Can Adapt

The world is shifting beneath our feet. From the rising tension between global powers to the rapidly evolving tech landscape, businesses are facing geopolitical risks that feel more real and immediate than ever. These risks no longer sit in the background of boardroom discussions; they’re at the forefront, shaping strategic decisions on a daily basis.

Stability Meets Uncertainty in Europe’s Insurance & Pension Sectors

The European Insurance and Occupational Pensions Authority (EIOPA) has released its April 2025 risk dashboards, providing us with a snapshot of the current state of the European insurance and pension sectors. While the data paints a picture of stability overall, the outlook is far from simple. Geopolitical tensions, market volatility, and macroeconomic challenges continue to hover over the industry, creating an air of cautious optimism laced with uncertainty.

PIPC Calls for Changes to DeepSeek’s Privacy Practices

The Personal Information Protection Commission (PIPC) has taken a closer look at Hangzhou DeepSeek Artificial Intelligence (DeepSeek), a company that’s been under scrutiny ever since its R1 Large Language Model (LLM) AI chatbot launched earlier this year. What started as a routine review into the privacy practices of DeepSeek’s services has resulted in a series of recommendations that are shaking up how the company handles user data and cross-border transfers.e