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.
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.
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.
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.
Global cyber study finds US remains dominant power, China continues ascent
A study by the International Institute for Strategic Studies (IISS) has found the US continues to lead the way as the number one cyber power worldwide.
EU unveils plans for cyber unit to tackle large scale attacks
The European Commission (EC) has launched its strategy to build a Joint Cyber Unit to tackle large scale cyberattacks, according to the BBC.
Covid-19 accelerates demand for RegTech solutions in Asia, report finds
A report by Enterprise Ireland has found the effects of the Covid-19 pandemic has sped-up the demand for the adoption of RegTech solutions in the Asia Pacific (APAC) region.
Is there a need for globally mandated ESG reporting requirement?
As dangers associated with climate change continue to become more inescapable in the lives of companies and individuals alike, the importance and need for ESG – Environmental, Social and Governance – in the financial sector is growing stronger. Is it time for globally mandated ESG reporting in the financial sector?
Honeywell report finds external malware is rising challenge for industrial firms
Honeywell has found the number of cyber threats that use USB sticks and other external media devices as a launch point doubled during 2021.
