Australia’s banking and financial crime regulators have moved to tighten oversight of Bendigo and Adelaide Bank after an independent Deloitte review uncovered serious shortcomings in how the lender manages money laundering and broader non-financial risks.
The European Banking Authority said that it has published new guidance to help institutions manage enhanced operational risk reporting, following a formal delay to the first reference date under the amended Implementing Technical Standards. The move follows the European Commission’s adoption of Regulation (EU) 2025/2475, which pushes the application of the new reporting obligations back to the end of June 2026.
U.S. banks are closing out 2025 in strong financial shape, but the risks shaping the federal banking system are becoming less about capital and more about operational resilience. That is what the Office of the Comptroller of the Currency’s Fall 2025 Semiannual Risk Perspective says, which finds banks well positioned to absorb potential stress while warning that cyber threats, fraud, and lagging technology investment are increasingly central to supervisory concerns.
Ben & Jerry’s is an activist brand. It operates under a unique mission-driven board configuration that sets it apart from most subsidiaries of large corporations. Although owned by Unilever, the company maintains a semi-independent board specifically tasked with safeguarding its social mission, which includes environmental sustainability, human rights, and ethical business practices. This hybrid governance model combines traditional corporate oversight with dedicated representatives who ensure that Ben & Jerry’s activism and ethical commitments remain central to its decision-making. The board includes independent directors, Unilever representatives, employee voices, and social mission advocates, creating a structure designed to balance profitability with purpose, a rare approach in the corporate world.
This article is the first in a short series called Taking Uncertainty Seriously, exploring how risk analysis changes when we stop pretending the future is known and start treating uncertainty as a first-class input to decision-making.
Austria’s financial sector is entering 2026 on solid footing, according to the country’s financial watchdog, but the risks facing banks, insurers, and markets are becoming more complex and more global. In presenting its Goals and Priorities for Supervision for 2026, the Austrian Financial Market Authority said it will sharpen its focus on resilience and stability while pushing to streamline supervision and cut unnecessary bureaucracy.
In a recent GRC Report piece, Risk Is Our Business: Why the GRC Market of 2030 Will Look Nothing Like Today, I argued that the governance, risk, and compliance market is not heading into another cycle of incremental change, but a structural break. The core claim was that risk has outgrown the architectures, assumptions, and mental models most GRC platforms and programs still rely on, and AI bolted onto legacy thinking will not save them.