Investments|Sector Updates

Investments|Sector Updates

Regulatory trio unveil plan to bolster diversity and inclusion in financial services

The Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Bank of England (BofE) has launched a paper aiming to boost diversity and inclusion in finance.

Financial consortium calls for new social, environmental reporting rules for banks

A financial group has called for the adoption of impact-reporting standards that account for social and environmental factors to speed up a sustainable transition for banks.

Pixel to acquire Cyphra to tackle growing cybersecurity issues for UK firms

IT company Pixel Holdco is set to purchase Northern Irish cybersecurity firm Cyphra for an undisclosed fee.

Majority of UK compliance experts expect more AML regulation due to Brexit

A study by LexisNexis Risk Solutions has found 78% of compliance professionals in the UK see increased anti-money laundering (AML) legislation on the horizon due to Brexit.

Sevco launches cloud security platform following $15m Series A

US firm Sevco Security has officially introduced its cloud-native security asset intelligence platform after it raised $15m in a Series A funding round.

Kaseya hit by one of the largest cyberattacks in history with REvil hack

US IT provider Kaseya has become the latest in a growing line of organisations to suffer a cyberattack at the hands of the REvil ransomware group.

HKMA sets out four-step initiative to drive bolstered RegTech adoption

The Hong Kong Monetary Authority (HKMA) has outlined four actions to promote the use of RegTech in the Hong Kong banking sector.

CISA unveils ransomware self-assessment tool to bolster company security

The US Cybersecurity and Infrastructure Security Agency (CISA) has launched the Ransomware Readiness Assessment (RRA) to help companies strengthen their security.

Airbnb to clampdown on unregistered rentals after a $9.6m fine from Paris court

Paris Court has fined Airbnb, the home-sharing giant to pay $9.6m for allowing over 1,000 listings to flout rules to register their rentals. It was the latest clash...

OneSpan whitepaper details possibilities of eIDAS regulation for e-signatures

OneSpan has published a whitepaper that details how the eIDAS Regulation offers a range of possibilities for electronic signatures in the European Union.

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