GRC Report Staff

ASIC Form 2560 must be lodged before a company sends notice of a members' meeting to approve an equal or selective share capital reduction under section 256C(5) of the Corporations Act 2001. The form is dated 13 February 2015, so it is an existing procedural requirement rather than a new rule. Compliance teams should confirm that lodgement timing, accompanying documents, and follow-on filings are built into corporate action workflows.

The 10th Global Conference on Criminal Finances and Cryptoassets (September 15-16, 2026) brought together about 450 specialists from nearly 90 jurisdictions. It showed progress on blockchain intelligence standards, suspicious transaction reporting practices, and public-private intelligence sharing. The event is not binding regulation, but it signals where supervisory and law enforcement expectations are heading, which matters for compliance teams managing crypto-related financial crime exposure.

ASIC Form 131 must be lodged within 7 days after notice is given of a members' meeting or written consent process for certain demutualization-related changes at unlisted companies that were formerly transferring financial institutions. The form requires a registered disclosure statement, an estimate of member financial benefits, and an independent expert report. Compliance teams should treat the lodgement deadline and attachment requirements as a control point, since late fees apply and a defective form is not considered lodged.

The Board of Appeal of the European Supervisory Authorities (ESAs) published a declaration of commitment and interests from an alternate member, as required under Article 59(6) of the ESA founding regulations. The document is routine and creates no new obligations for financial institutions, but it reflects the independence safeguards that support the credibility of Board of Appeal decisions. Compliance teams should treat it as a governance reference point, not an action item.

The Deutsche Bundesbank reports that German credit institutions posted aggregated pre-tax profit of EUR $52.3 Billion in 2025, the third consecutive year of high earnings, with operating income at a record EUR $172.5 Billion. Growth was driven largely by one major bank, and the Bundesbank warns that credit risk, cyber threats, and competitive pressure will keep 2026 challenging. Compliance and risk teams should treat the report as a supervisory signal on where scrutiny is likely to focus, not as a source of new obligations.

Japan's Financial Services Agency promulgated Cabinet Office Ordinances implementing parts of the 2023 amendments to the Financial Instruments and Exchange Act (FIEA) and the Act on Transfer of Corporate Bonds, Stocks, etc. The ordinances establish the matters needed to digitize adjudication procedures for administrative monetary penalty payment orders under the FIEA and the Certified Public Accountants Act, and take effect on November 30, 2026. Compliance teams should prepare for electronic handling of enforcement-related proceedings.

ASIC's Form 206 is the mandatory application for changing a company's type under sections 162-167AA of the Corporations Act 2001, such as converting between proprietary, public, unlimited, no liability, and guarantee structures. Each conversion path carries its own signature, attachment, and special resolution requirements. Compliance teams should verify the correct pathway before lodging to avoid rejected or delayed applications.