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Signal to leave Sweden if new law with ‘backdoor requirements’ comes into force
Proposed law due this year will require messaging apps to store data, and to implement technical backdoors.
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GRIP Extra: Nvidia beats forecasts, Meta fires employees over leaks
Other news includes various developments in DEI, vocal US concerns about the EU’s CSDDD and an updated IFRS for SMEs.
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Facing the challenge of financial crime in an unstable world
The latest State of Financial Crime report’s findings are based on a global survey of 600 senior financial crime decision-makers.
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GRIP Extra: Apple drops encryption for UK market in response to access demands, SEC mulls dropping Coinbase lawsuit
Other news includes FTC launching an enquiry into censorship allegations, China investigates Google, Singapore’s markets benefit from President Trump’s night owl habits.
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AstraZeneca faces US class action lawsuit amidst China regulatory probes
The lawsuit claims that UK’s largest listed company misled shareholders in connection with investigations by the Chinese government.
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GRIP Extra: PwC reduces partners in China, Thailand liberates scam center hostages in Myanmar
Other news includes Republican resolutions to overturn CFPB overdraft caps, ESMA launching a consultation on simplified private securitization disclosures, and a hefty CFTC crypto fraud fine.
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DeepSeek and personal data transfers to China
DeepSeek may disrupt laws on data protection and transfers on both sides of the Atlantic, as well as disrupting US markets.
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From AI safety to AI action: Paris summit highlights change in global approach
Event highlighted global shift from worrying about AI regulation to investing in innovation.