How is GDPR impacting insurance firms and what are they doing to ease compliance?
GDPR has not just been burdensome on financial services, but offered new opportunities, whether it’s getting firms to actually understand their data or even improving existing regulations, according to a panel at the Global InsurTech Summit 2019.
How closer scrutiny of risk data aggregation practices is increasing regulatory pressures on banks
The increasing scrutiny that regulators are placing on BCBS 239 compliance is causing challenges for financial institutions, but with more pressing and threatening regulations, it may play second fiddle for attention, according to Randeep Singh Buttar, Head of Data Change and Strategy (Global Risk and Finance) at HSBC.
How are risk managers looking to handle the rising threats of cyber attacks
To enhance combat against new risks like cyberattacks, insurance firms need to increase the amount of data they are tapping into, according to Adam Mitchell, Head of Risk Innovation at Chaucer.
Insurance companies cannot risk overlooking the importance of compliance
The insurance industry is rather focused on developing products and serving clients than further developing its compliance framework, according to Priscilla Cournède, head of group prudential and regulatory developments at SCOR.
How can companies balance compliance with innovation
Regulations, if created correctly, can help innovation, what institutions have to find is the right balance between experimenting new ideas and meeting regulatory regimes, according to a panel at the Global WealthTech Summit 2018.
French data protection CNIL regulator fines Google over consent
Google is the latest company believed to be at fault of GDPR and is facing a potential €50m fine from the French regulator Commision Nationale...
What are financial institutions looking for in RegTech
RegTechs cannot succeed if they only offer technology and no content to supplement it, according to Maria Leistner group managing director and general counsel global wealth management at UBS.
The minefield of TPP regulatory checking for PSD2 open banking
Konsentus: In January 2018 the European Union Payment Services Directive 2 (PSD2) came into force across Europe, delivering a consistent vision for open banking across all member states.
Data Protection Impact Assessment and the GDPR – Compliance Compendium
Earlier in the year, the General Data Protection Regulation was deployed, requiring companies to change the way they handled data.
How working with regulators has helped Santander fill the advice gap with its new...
Working with the FCA was crucial in establishing the Digital Investment Adviser, according to Santander UK head of compliance Joel Viney in a research interview with RegTech Analyst.
