GRC Report Staff

UK Competition Watchdog Opens Investigation Into Meta’s Use of Publishers’ Content

Meta had planned to introduce new commercial terms on October 30 that could give it access to content published on the websites of businesses using its services. The company would be able to use that material to develop its own products, including artificial intelligence features, without necessarily giving publishers a choice over how their work was used.

Dutch Data Protection Authority Publishes Enforcement Policy After Questions From Organizations

The Dutch Data Protection Authority (AP) has published its enforcement policy after receiving questions from organizations about how it conducts proceedings against those suspected of violating privacy rules.

UAE Central Bank Fines Foreign Bank Branch $54.5 Million Over Repeated Compliance Failures

The Central Bank of the United Arab Emirates has fined the local branch of an unnamed foreign bank approximately $54.5 million (AED 200 million) after examinations found significant and repeated failures in its anti-money laundering controls, governance and sanctions compliance. Two senior executives were also penalized, and the bank must undertake a mandatory remediation programme subject to independent validation.

ASIC Form 511 Requires Verified Statements for Controller and Liquidator Reports Within 7 Days

ASIC's Form 511 is a standing form, not a new rule. It requires controllers and liquidators to verify, by signed statement, reports they receive under s430(1), s446C(2) or s475(2) of the Corporations Act 2001, and to lodge that statement within 7 days of receipt. Teams handling insolvency, receivership, or administration matters should confirm their lodgement processes are current. Late lodgement triggers fees, and ASIC may reject a non-compliant form.

OSFI Sets 2027 EI Break-Even Premium Rate at 1.62% with MIE Rising to USD-Equivalent CAD $70,800

OSFI's Office of the Chief Actuary published the 2027 Employment Insurance actuarial report, projecting a 7-year forecast break-even rate of 1.62% for employees (2.27% for employers), down slightly from 1.63% in 2026. Maximum insurable earnings rise 2.8% to CAD $70,800, and the EI Operating Account deficit is forecast at CAD $15.2 Billion. Payroll, HR, and compliance teams at employers must update withholding and premium calculations, and those with qualified wage-loss plans should review the revised premium reductions.

SEC Adopts Updated EDGAR Filer Manual With Release 26.3 Deployment on September 14, 2026

The SEC has adopted amendments to Volume II of the EDGAR Filer Manual and related rules and forms, with EDGAR Release 26.3 deploying on September 14, 2026. Compliance teams responsible for SEC electronic filings should confirm that their filing processes, software, and credentials align with the updated manual so that submissions are not rejected or delayed.

ACPR Monitors Insurer Claims Handling and Climate Risk Readiness After Summer 2026 Wildfires

The ACPR has begun close monitoring of the main French insurers' operational response to the summer 2026 wildfires, which caused roughly 25,000 claims and an estimated EUR €500 Million in losses. The loss is not a solvency threat, but the ACPR flags claims execution risk, policyholder information duties, and the longer-term insurability of climate-exposed risks. Compliance teams should treat this as a signal of supervisory expectations on claims governance, customer communication, and sustainability risk management.