GRC Report Staff

Global Momentum Builds as Economies Advance Towards Adopting ISSB Standards

A significant portion of the global economy is moving to adopt or align with the sustainability disclosure standards issued by the International Sustainability Standards Board (ISSB).

ICO Proposes £750,000 Fine Against PSNI Over Workforce Data Breach

The UK's Information Commissioner's Office (ICO) has announced its intention to fine the Police Service of Northern Ireland (PSNI) £750,000 for failing to protect the personal information of its entire workforce.

FINRA Fines Thrivent Investment Management $325,000 Over Supervisory Failures

The Financial Industry Regulatory Authority (FINRA) has taken disciplinary action against Thrivent Investment Management Inc. for failing to establish and maintain a supervisory system reasonably designed to detect potential signature forgery or falsification of electronic signatures.

AMF Highlights Progress in 2023 & Determination for 2024 in Annual Report

The Autorité des Marchés Financiers (AMF), France's financial markets regulator, published its 2023 Annual Report this week, highlighting the progress made last year in line with its strategic priorities for 2023-2027 and its resolve to stay on track in 2024.

Fund Managers Punished by SEC for Obscuring Portfolio Details

An Asia-focused investment advisory firm and its top executives misled investors about one of the firm's flagship funds and failed to disclose conflicts of interest, according to charges announced today by the Securities and Exchange Commission.

CMA Investigates Meta Over Suspected Anti-Competitive Use of Data

The UK's Competition and Markets Authority (CMA) has launched an investigation into Meta (formerly Facebook) under Chapter II of the Competition Act 1998. The investigation concerns Meta's conduct related to the collection and use of data in providing online advertising services and its single sign-on function.

EBA Finds Divergences in Issuance & Regulation of 'Virtual IBANs' Across EU

The European Banking Authority (EBA) has published a report highlighting divergences in how "virtual IBANs" are issued and regulated across the European Union. The report identifies issues stemming from these divergences and provides recommendations to address them.