Legislation

BreachRx, a RegTech firm specialising in intelligent incident response, today announced the closure of its $6.5m seed funding round.

The war in Ukraine has underscored how quickly sanction and PEPs lists can change. Since 2022, the US, UK, EU, Australia, Japan and Canada have imposed over 16,500 sanctions on Russia, according to the BBC. The current turbulent geopolitical scene means financial services firms need to be ready for regular, and often sudden, changes to PEPs and sanction lists. FinTech Global recently spoke to several industry players to ask whether financial institutions are keeping up with the modern sanction/PEPs landscape.

FullCircl, a SaaS platform renowned for eliminating regulatory and verification hurdles, has offered a complete guide to money laundering regulations 2024. The updated guide explores...

In today's business landscape, marked by extensive regulatory demands and significant operational hazards, establishing strong GRC (Governance, Risk Management, and Compliance) frameworks is crucial for maintaining organisational integrity and achieving success.

From the 24th April 2024, the financial markets will experience a significant shift with the application of the revised EMIR Refit (regulatory fitness and performance programme) rules, an integral component of the European Commission's “Better Regulation” agenda.

Regnology, renowned for its cutting-edge regulatory reporting solutions, has been named the 2024 Google Cloud Industry Solution Partner of the Year in the Financial Services and Insurance sector.

Anti-money laundering (AML) strategies in the wealth and asset management (WAM) sector are undergoing significant transformations to combat financial crimes more effectively.

In the rapidly evolving global finance sector, the importance of complying with regulatory frameworks like the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA) cannot be overstated.

In the dynamic landscape of anti-money laundering (AML) efforts, financial institutions are facing intensified scrutiny to stay a step ahead of increasingly sophisticated criminal tactics and rigorous regulatory demands.

Encompass Corporation, a pioneering force in the creation of real-time digital Know Your Customer (KYC) profiles for global banks, has recently appointed Neil Acworth...