HKMA introduces groundbreaking taxonomy for sustainable finance
The HKMA has unveiled the Hong Kong Taxonomy for Sustainable Finance, which is aimed at defining environmentally sustainable economic activities.
This initiative seeks to provide...
Unveiling the pitfalls of prioritising form over substance in compliance
In an era marked by rapid technological advancements and evolving regulatory landscapes, the financial services industry faces ever-increasing pressure to maintain robust compliance standards....
The importance of fiduciary duty for registered investment advisers
Registered Investment Advisers (RIAs) are entrusted with a significant responsibility to uphold fiduciary duty, as mandated by the SEC.
How Gen AI is revolutionising risk management in financial services
In the era of Gen AI, risk management practices in the financial services industry need to be ready for significant evolution.
Clearlake and Francisco Partners buy Synopsys’ software integrity business
Synopsys, a firm known for its engineering of silicon and systems, has agreed to sell its Software Integrity Group to Clearlake Capital Group and Francisco Partners.
Coalition launches cyber insurance offering for large enterprises in Canada
Coalition, the world’s first active insurance provider, has announced the expansion of its cyber insurance offering to large enterprise businesses in Canada, excluding the...
Global fraud prevention leader BioCatch valued at $1.3bn in Permira takeover
BioCatch, a leader in digital fraud detection, is set to be acquired by Permira Growth Opportunities II, the PE arm of Permira.
The deal is...
CyberNut unveils K-12 cybersecurity awareness, bags $800k pre-seed
CyberNut, a Miami, Florida-based startup, recently stepped out of stealth mode. The company has introduced a novel security awareness training platform specifically designed for the K-12 education sector.
Unit21 unleashes cutting-edge ACH features to combat financial fraud
Unit21, a leading player in the FinTech space, has announced the rollout of its latest innovations aimed at revolutionising ACH (Automated Clearing House) transactions and bolstering fraud prevention measures.
Droit and FINBOURNE forge full-stack solution for regulatory position reporting
Droit, a pioneer in computational law and regulation, partners with FINBOURNE Technology, a leading provider of cloud-based investment data management software.
The collaboration aims to...
