Hong Kong’s banking sector closed 2025 in a position of strength, according to the Hong Kong Monetary Authority’s year-end review. Capital and liquidity buffers remained robust, credit risks were described as manageable, and supervisory work over the past year focused heavily on operational resilience, fraud prevention and technology risk.
Italy’s competition watchdog has turned its attention to the beauty aisle. The Italian Competition Authority has launched an investigation into Procter & Gamble amid concerns that advertising for the Braun Skin i-Expert IPL hair removal device may have gone too far in promising long-lasting results.
Farmers’ Mutual Group (FMG) has admitted to breaching fair dealing provisions under New Zealand’s Financial Markets Conduct Act after an investigation by the country’s financial regulator. The Financial Markets Authority’s inquiry, which followed a self-report by FMG, focused on two long-running issues affecting tens of thousands of policyholders.
The GRC Report has announced a new partnership with the Risk-!n 2026 conference, aligning one of the fastest-growing governance, risk, and compliance media platforms with a cross-industry gathering focused on risk management, resilience, and decision-making.
Europe’s long-promised reset of anti-money laundering supervision is moving from legislative text to lived reality. Speaking in Frankfurt on Tuesday, Claudia Buch, Chair of the Supervisory Board of the European Central Bank, used a policy workshop to lay out what the arrival of the European Anti-Money Laundering Authority actually means in practice.
For millions of users, losing access to a Facebook or Instagram account is not a minor inconvenience. It can mean lost sales, reputational damage, or private messages falling into the wrong hands. And when that happens, speed matters. That urgency is at the center of new charges brought by Urząd Ochrony Konkurencji i Konsumentów against Meta Platforms, the company that manages Facebook and Instagram in Europe.
The European Data Protection Board and the European Data Protection Supervisor have thrown their weight behind efforts to simplify the European Union’s digital rulebook, while drawing a firm red line around proposed changes to the definition of personal data.