governance

Toronto – October 24, 2026 -- The Ombudsman for Banking Services and Investments (OBSI) has appointed CRKhoury (CRK) to conduct its 2026 independent external review of banking and investment complaint operations, with the final report due on OBSI's website later this year.

The review will test whether OBSI has met its regulatory obligations and operates effectively under recognized best practices for financial services ombudsmen. CRK has set up a dedicated review website and is running a public consultation as the process advances.

Loss-calculation consultation traces back to the 2021 evaluation

On September 26, 2024, OBSI opened a public consultation on how it calculates investor losses in complaints over unsuitably sold illiquid exempt market securities. The consultation examines the current process and whether better alternatives exist. OBSI said the 2021 independent expert external review recommended it.

Europe – October 22, 2026 -- ACER's Board of Appeal will begin a new five-year mandate on 18 October 2026 with two new members and four first-time alternates, refreshing the body that reviews complaints against the agency's decisions.

Administrative Board appoints panel after Commission call for interest

ACER's Administrative Board made the appointments, following a proposal by the European Commission and in consultation with ACER's Board of Regulators. The process followed a public call for interest that the Commission launched earlier this year.

Batlle and De Hauteclocque join four continuing members

Mr Carlos Batlle and Mr Adrien De Hauteclocque have been elected as new members. They join Mr Piet Eeckhout, Mr Miro Prek, Ms Keelin O'Brien and Ms Katerina Sardi, who will continue to serve.

North America – October 21, 2026 -- Ideas2IT and Lyzr have agreed to jointly develop, sell and deploy enterprise agentic systems across North America, targeting the gap between AI agent pilots and reliable production deployments.

Lyzr supplies the platform while Ideas2IT owns delivery

Lyzr will provide orchestration, evaluation, governance and lifecycle management capabilities. Ideas2IT will lead solution architecture, agent development, enterprise integration, testing, deployment and ongoing optimization.

The agreement covers joint business development, solution engineering and implementation. The companies will work with enterprise CIOs to identify use cases and integrate agents into existing systems and workflows. Initial focus is industry-specific solutions for regulated enterprises, including healthcare and financial services.

Canada – October 21, 2026 -- OBSI has completed two public consultations since 2022, on board governance and on investor loss calculations, and both trace back to its 2021 independent review.

Loss-calculation consultation closed Nov. 21, 2024 after a Sept. 26 launch

The consultation examined how OBSI calculates investor losses in complaints involving unsuitably sold illiquid exempt market securities. It described how the approach was developed, the feedback OBSI had received and the considerations for an appropriate methodology.

OBSI is using the exercise to test whether better alternatives exist to its current process. The 2021 independent expert external review recommended the consultation.

Global – October 15, 2026 -- The main constraint on cyber defense is moving from vulnerability discovery to organizational decision speed, according to CGI's Pierre Le Calvez, as frontier models such as Anthropic's Claude Mythos and OpenAI's GPT-5.6 Sol advance.

Approval delays outpace detection in security operations

In a blog titled "Defending at the speed of frontier AI: Lessons from the Fable shutdown and what to do in the next 60 days," Le Calvez argues that AI-assisted tools now surface vulnerabilities within minutes and clarify their impact within hours. The delays now sit in approval processes, competing business priorities, resource constraints and fragmented ownership rather than inside the security operations center.

Resilient organizations share five operating traits

The blog lists the characteristics of resilient organizations:

Chicago – October 14, 2026 -- Oversight and rework consume more than a quarter of expected productivity gains for 45% of B2B organizations running AI agents, according to G2's 2026 AI Agents Report, "Crossing the Agentic Chasm." The survey of 1,019 B2B decision-makers shows 86% of software buyers purchased AI agent software or services in the past year, up 25% from 69% a year earlier.

G2 calls the cost of operating agents under constrained trust the "Distrust Tax." Some 31% of buyers say employees spend at least 6 hours a week overseeing agent work, and 46% report higher-than-expected agent operating costs.

Abu Dhabi – October 05, 2026 -- Hong Kong's Independent Commission Against Corruption (ICAC) and the United Nations Office on Drugs and Crime (UNODC) jointly launched the first global guidebook on corruption risk management in prison systems, unveiled on October 1 at the 15th United Nations Congress on Crime Prevention and Criminal Justice in Abu Dhabi.

ICAC Commissioner frames prisons as the justice system's last line of defence

ICAC Commissioner Woo Ying-ming, who also serves as President of the International Association of Anti-Corruption Authorities (IAACA), co-launched the guide with UNODC Executive Director Monica Juma. Drawing on three decades of experience as former Commissioner of Correctional Services of Hong Kong, Woo stated that a corrupt prison environment endangers law enforcement officers and inmates while undermining rehabilitation and social stability.

Chicago – September 28, 2026 -- The Society of Actuaries (SOA) has elected five new Board members and named Sherry Chan, FSA, EA, MAAA, FCA, as President Elect and Vice Chair for the 2026-2027 term, positioning her to become the organization's 79th President and Chair.

Five actuaries join the SOA Board for the 2026-2027 term

The newly elected Board members are Jessica Dang, FSA, FCIA, Ph.D.; Murshid Kuttihassan, FSA, MAAA, CERA, FCIA, FIA, CFA, FRM; Taylor Pickett, FSA, MAAA; Greg Warren, FSA, MAAA, FCA; and Andy Wieduwilt, FSA, MAAA. All will assume duties following the SOA ImpACT Annual Conference at the end of October 2026.

Samarkand, Uzbekistan – September 26, 2026 -- Timur Turlov has been elected President of the International Chess Federation (FIDE), winning a second-round runoff vote at the FIDE General Assembly in Samarkand, becoming the first Kazakh national to lead the organization.

Turlov secures four-year mandate through 2030 on joint ticket with Anand

Turlov, who ran alongside five-time World Champion Viswanathan Anand as Deputy President, takes office for a term running through 2030. Anand, FIDE Deputy President since 2022, remains in the role, providing institutional continuity to the new administration.

Virginia – – September 22, 2026 -- Virginia Housing has named Davon Gray and Michael Olivieri to its Board of Commissioners, the panel that sets policy, approves budgets and oversees operations for the state's public mortgage and housing finance authority.

Gray brings 25 years of advocacy and policy strategy to the board

Gray currently serves as Vice President of Policy for Purpose Built Communities. He previously held roles at the American Institute of Architects, including Managing Director of Advocacy and Engagement programs. A 12-year veteran of the U.S. Army National Guard and Reserves, Gray holds a bachelor's degree in political science from the University of Southern Mississippi and a master's degree in public administration from DeVry University.