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AI Training Compliance Guidance Post-SRB Ruling

This guidance analyzes the impact of the EU Court of Justice's Single Resolution Board ruling on AI training compliance for engineers. It outlines two pathways for compliance, emphasizing engineering choices in defining identifiability and data protection.

HITRUST CSF v11.7.0 Release Notes

HITRUST has released version 11.7.0 of its Common Security Framework (CSF), effective December 18, 2025. This update includes new authoritative sources, consolidation of requirement statements, and modifications to the e1 and i1 assessment baselines.

HITRUST Assessment Handbook v1.2 Updates Released

HITRUST has released version 1.2 of its Assessment Handbook, introducing updates to procedures for evidence generation, testing expectations, reporting, and inheritance eligibility. These changes will be enforced for assessments submitted on or after April 15, 2026.

ISO 20022: AI for Structured Postal Data Transition

SWIFT is providing an open-source AI solution to help financial institutions transition from unstructured to structured postal data for ISO 20022 payment messages. This is a mandatory change required by November 2026 to avoid message rejection and ensure data integrity for AML efforts.

Accounting Standards Update 2025-08: Purchased Loans

The FASB has issued Accounting Standards Update 2025-08, amending Topic 326 (Credit Losses) concerning purchased loans. This update provides new guidance on accounting for credit losses on purchased loans, effective for fiscal years beginning after December 15, 2025.

Accounting Standards Update 2025-09: Hedge Accounting Improvements

The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) 2025-09, which provides improvements to hedge accounting. This update aims to enhance the accounting for derivatives and hedging activities under Topic 815.

ASU 2025-10: Government Grants Accounting for Business Entities

The FASB has issued ASU 2025-10, which provides new guidance on accounting for government grants received by business entities. This update introduces a new Topic 832 to the FASB Accounting Standards Codification, establishing a model for recognizing government grants. The guidance aims to align accounting practices for government grants with international standards.

Accounting Standards Update 2025-11: Interim Reporting Improvements

The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) 2025-11, which provides narrow-scope improvements to interim reporting under Topic 270. This update aims to refine existing guidance without introducing significant new requirements.

FASB Accounting Standards Update 2025-12: Codification Improvements

The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) 2025-12, which makes technical corrections and improvements to the FASB Accounting Standards Codification. This update aims to enhance clarity and consistency in accounting guidance.

MSRB Rules for Municipal Securities Activities Updated

The Municipal Securities Rulemaking Board (MSRB) has updated its rules pertaining to municipal securities activities. The updates cover various aspects of regulated entity administration and professional qualification for dealers, municipal advisors, and bank dealers.