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Compliance & Ethics

Norway FSA Republishes Warning on GoldPrideHoldings, a Swiss-Linked Unauthorized Entity

The Norway Financial Supervisory Authority has published a warning about GoldPrideHoldings (goldprideholdings.com), with source material pointing to the Swiss regulator FINMA's warning list. Compliance teams should treat the entity as a potential unauthorized or fraudulent financial services provider and update screening and client-protection controls accordingly.

EBA Board of Appeal Member Publishes Declaration of Commitment and Interests for 2026

A member of the Board of Appeal of the European Supervisory Authorities has filed a public declaration of commitment and interests dated June 16, 2026, under Article 59(6) of the ESA founding regulations. The document is a routine governance filing with no new obligations for financial institutions. It matters to compliance teams mainly as a signal of the independence and integrity safeguards that apply to the body that hears appeals against ESA decisions.

EIOPA Clarifies Policy Treatment and Asset Type Guidance for New QRT S.27.03 Reporting

EIOPA has issued a final Q&A (ID 3612) clarifying how undertakings should treat renewed and expired policies in the new QRT S.27.03 and where to find guidance on commercial versus industrial asset types. Expired policies must follow the approach used for comparable datapoints in QRT S.05.01, and asset classification guidance sits in Annex IV of S.06.02. Compliance teams should align data logic and classification rules now to avoid inconsistent submissions.

EIOPA Clarifies Data Timing Behind 3.4bp Deviation in Colombian Peso RFR Curve Replication

EIOPA's Q&A 3507 explains that differences between firms' replicated Colombian peso (COP) risk-free rate curves and the published curve can arise from the timing of market data capture. Less liquid instruments may be updated by data providers after EIOPA's snapshot, and EIOPA identified a 3.4bp deviation at the 1Y maturity in this case. Compliance and actuarial teams that replicate RFR curves for Solvency II purposes should understand this limitation when reconciling their results.

SEC Proposes Amendments to Modernize Proxy Solicitation Rules and Reduce Delivery Requirements

The SEC has proposed amendments that would modernize proxy solicitation rules by eliminating the annual report delivery requirement for registrants, removing the delivery deadline for documents incorporated by reference into proxy statements, and ending certain soliciting material filings. The proposal would also shorten the minimum broker search period. Compliance teams at issuers, broker-dealers, and intermediaries should assess operational impacts now, even though the rules are not yet final.

EIOPA Confirms Q&A 2753 Will Be Amended to Align CIC 86-88 Reporting with ITS 2.10.0

EIOPA has agreed that the 2023 ITS amendments (taxonomy 2.10.0) conflict with its earlier Q&A 2753 on mapping loan CIC codes 86, 87 and 88 to Solvency II balance sheet lines R0240 and R0250. Q&A 2753 will be amended, but the revised wording has not yet been published. Insurers should treat the ITS as the governing text and review their S.02.01 and S.06.02 mappings for consistency.

ECB Working Paper Finds Austrian Loan Moratoria Boosted Investment Without Raising Defaults

An ECB working paper (No 3282) analyzes the 2020 Austrian corporate loan moratoria. It finds a 44% take-up rate, higher investment and profitability, and no spike in defaults once repayments resumed. The paper is research, not binding regulation, and does not represent ECB views. It can still inform how banks and compliance teams prepare for future crisis relief programs, including forbearance, staging, and stigma risks.