GRC Report Staff

FTC Secures $12 Million Penalty Over Edwards Lifesciences Deal

Edwards Lifesciences paid $115 million for JC Medical in July 2024, an amount that landed just beneath the $119.5 million threshold that would have required the transaction to be reported to federal antitrust authorities. It was close, but close does not count in a statute governed by arithmetic. The Federal Trade Commission says the math was incomplete.

Dutch Privacy Regulator Draws GDPR Guardrails for Generative AI

The Dutch Data Protection Authority has published two documents on Monday. One provides GDPR guidance for developers of generative AI models. The other offers a practical checklist for organizations that want to purchase, implement and use the technology.

Deutsche Bank Pays $1.39 Million Penalty Over Systemic Trade Reporting Failures

For 208 business days, Deutsche Bank’s reports to Australia’s corporate regulator placed hundreds of thousands of derivatives transactions on the wrong side of the ledger. The problem was in the “direction” fields, mandatory entries showing whether the bank was acting as the effective buyer or seller at a specified price. Deutsche Bank reported those fields inaccurately for 264,574 over-the-counter derivatives transactions between Oct. 21, 2024, and Aug. 15, 2025, according to the Australian Securities and Investments Commission.

Dutch Regulators Urge Faster Break From Entrenched IT Dependencies

Five Dutch regulators have asked the government and corporate sector to reconsider a choice that rarely feels momentous when it is made: who supplies the technology beneath the business.

UK Regulators Put Four Technology Giants Under Direct Resilience Oversight

Britain’s financial regulators will begin overseeing four of the world’s largest technology providers on Monday, extending their reach into the cloud infrastructure that banks and other financial institutions increasingly rely on to keep operating.

RentGrow to Pay $2.25 Million Over Tenant Screening Reports That Allegedly Multiplied Criminal & Eviction Records

RentGrow will pay $2.25 million to settle federal allegations that its tenant screening reports included duplicate criminal and eviction records, potentially making some applicants appear to have more extensive histories than they did, the Federal Trade Commission announced Wednesday.

Canada Draws the Line Between Financial Crime Intelligence & Privacy

The Privacy Commissioner of Canada has published new guidance explaining how financial reporting entities should seek approval for codes of practice governing the sharing of personal information to detect money laundering, terrorist financing, and sanctions evasion. On its face, the document is procedural. It explains what organizations need to submit and what the Commissioner will expect before approving a code. But procedural documents often reveal where policymakers believe the difficult work actually lies, and this one suggests the challenge is no longer whether institutions should collaborate. It is how they can do so without weakening the privacy protections that made collaboration difficult in the first place.