GRC Report Staff

FinCEN led a FinCEN Exchange with global financial institutions on September 16, 2026, to share information on the nodes, facilitators, and networks that give Iran and its proxies access to U.S. correspondent banking. The event creates no new legal obligations, but FinCEN strongly encourages institutions to review its Iran-related alerts, advisories, and trend analyses along with OFAC sanctions. Compliance teams should treat it as a signal of heightened enforcement and supervisory attention on Iran exposure.

ASIC's Form 5231 lets a member of a retail corporate collective investment vehicle (CCIV) notify ASIC of an auditor appointment when none is in place, as required by the Corporations Act 2001. The form is dated 1 July 2022, so it is an existing form, not a new rule, even though the feed shows a 2026 date. It matters because a missing auditor is a statutory gap in a retail CCIV's governance and needs a prompt, properly documented fix.

Commissioner Hester Peirce issued a statement supporting SEC proposals to rescind Exchange Act Rule 14a-8, the federal mechanism for shareholder proposals in company proxy materials, and to simplify other proxy solicitation requirements. If adopted, authority over shareholder proposal access would shift largely to state law and company governance. Compliance and corporate governance teams should prepare for a period of uncertainty and a changed engagement model. The statement is a commissioner's views on proposals, not a final rule, and no effective dates are given.

EIOPA's final Q&A (ID 3567) confirms that bonds on the balance sheet but lent out through repurchase or securities lending transactions must be included in the CSSR numerator for the revised volatility adjustment. Derivative bond exposures, such as forward purchases, are excluded. Insurers should align their CSSR methodology and data processes with this interpretation before the January 2027 implementation date.

The Netherlands Authority for Consumers and Markets (ACM) has issued a consultation draft policy rule setting out when telecom providers will be treated as having met their information obligations under Article 7.2ab of the Telecommunications Act. Providers that follow the rule, particularly the Annex template, will in any case be considered compliant. This gives compliance teams a practical safe harbor and signals enforcement focus on passive-contract customers and loyalty-based price discrimination.

ASIC's Form RL31 is the mechanism registered liquidators must use to notify the regulator of inaccuracies in annual liquidator returns, annual administration returns, and end of administration returns. The notice must be lodged within ten business days of when the liquidator could reasonably be expected to be aware of the event, and late lodgement attracts fees. Compliance teams at firms that provide or rely on insolvency services should confirm that their processes can meet this deadline. The document is an existing form and guide, not a new rule, though it is presented as a press release dated 2026-09-16.

The Federal Open Market Committee voted 12-0 to raise the federal funds target range by 1/4 percentage point to 3-3/4 to 4 percent, citing elevated inflation and a solid economy. For compliance teams, the move signals continued tightening and raises the importance of interest rate, liquidity, and credit risk monitoring, as well as customer disclosures tied to variable rates.