Former Mitsubishi UFG Executive Carolyn DuChene Joins Board Of Directors For MUFG Americas
Mitsubishi UFJ Financial Group (MUFG) has elected Carolyn DuChene to its Board of Directors for MUFG Americas and the MUFG U.S. advisory board, commencing January 1, 2026.
SEC Commissioner Caroline Crenshaw Steps Down
US Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw is leaving the agency, creating a vacancy on the five-member commission at a time of debate over cryptocurrency regulation.
US Raises Concerns Over South Korea’s Law On Deepfakes & Online Content
South Korea’s National Assembly has approved a law that allows courts to impose damages on news outlets and online platforms for publishing false or fabricated information, including deepfakes that causes proven harm.
XAI’s Grok Faces Investigation In Europe For Generating Non-Consensual Images
European authorities are investigating Elon Musk’s social media platform X following the misuse of its AI tool Grok, which generated sexually explicit images of a 14-year-old actress.
UK’s FCA Closes 100 Investigations To Focus On Higher-Impact Cases
The UK’s Financial Conduct Authority (FCA) has closed 100 investigations without taking enforcement action since April 2023, reducing its active cases to the lowest level in almost a decade.
Meta Uses Ad Library To Reduce Visibility Of Problematic Ads
Meta, owner of Facebook and Instagram, created a strategy to reduce regulatory attention after Japanese authorities raised concerns over scam ads, including fraudulent investment schemes and AI-generated celebrity endorsements.
Warren Buffett Steps Down As CEO Of Berkshire Hathaway After 60 Years, Greg Abel Takes Charge As New CEO
Warren Buffett served his final day as the Chief Executive Officer (CEO) of Berkshire Hathaway and stepped down effective December 31, 2025, concluding a 60-year tenure that transformed the company from a struggling textile firm into a major conglomerate.
MCA Revises KYC Norms & Simplifies Compliance For Directors
The Ministry of Corporate Affairs (MCA) has relaxed KYC norms for Directors of private companies, reducing the filing frequency from once every year to once every three years.
Navin K. Shrivastava Elevated To CGM & CRO At Indian Bank; Bhupinder S. Bhalla Appointed As Shareholder Director
Navin Kumar Shrivastava has been elevated to the position of Chief General Manager and Chief Risk Officer (CGM & CRO) of Indian Bank, effective January 1, 2026.
Dr. Pawan Kotwal Retires As Non-Independent Director Of J&K Bank
Dr. Pawan Kotwal has completed his term as Non-Executive Non-Independent Director of Jammu & Kashmir Bank and consequently retired, effective December 31, 2025.
