GRC Report Staff

The Hong Kong SFC has concluded its consultation on amendments to the Securities and Futures (Stock Market Listing) Rules, confirming it will proceed with proposals to introduce continuing conditions on listing applications, post-listing conditions, information requisition powers, and removal of automatic exemptions for certain share issuances. These changes, expected to take effect in Q1 2027, expand the SFC's regulatory toolkit for both IPO and post-IPO oversight, requiring compliance teams supporting listed issuers and sponsors to reassess disclosure, governance, and monitoring processes.

The European Banking Authority has published a user guide explaining the conversion file that maps old DPM 1.0 glossary elements to the new DPM 2.0 glossary structure, resulting from its ongoing Quality Review project. Compliance and reporting teams must understand this mapping as it underpins the modeling of all EBA reporting frameworks and will inform the upcoming v4.0 release, directly affecting regulatory reporting taxonomies.

De Nederlandsche Bank (DNB) will hold a physical, Dutch-language information session on 5 November 2026 to explain its fit and proper assessment process for board members and key function holders. Compliance teams at supervised institutions should encourage affected candidates and HR/legal staff to register by 2 November to gain direct insight into assessment expectations and recent regulatory developments.

The AMF's 2025 annual data collection from 6,713 Financial Investment Advisors (CIFs) reveals growing market polarization, with the top 50 firms now capturing 52% of sector revenue, up from 49% in 2024. Compliance teams at affected firms and their professional associations should note the shifting revenue concentration, persistent fee-based compensation structures, and the continued marginal role of crypto-assets in CIF advisory activity.

The FCA has added "Hope Fund Bank" (hopefundbank.com) to its Warning List for providing or promoting financial services in the UK without authorization. Compliance teams should note this entity for screening purposes, as consumers dealing with it have no access to the Financial Ombudsman Service or FSCS protection.

ESMA's fourth thematic note sets out expectations for how issuers, fund managers, and benchmark administrators should communicate climate transition claims, emphasizing accuracy, accessibility, substantiation, and timely progress reporting. While not creating new binding rules, the note signals supervisory focus areas and provides concrete do's/don'ts and examples that compliance teams should use to benchmark existing disclosures and marketing materials against regulatory expectations.

De Nederlandsche Bank has released the AnaCredit reporting submission calendar for 2026, setting out monthly reporting periods and corresponding delivery deadlines for credit institutions. Compliance and regulatory reporting teams must align internal data production cycles with these fixed dates to avoid late or non-submission breaches.