Tag: Compliance

The Corporate Transparency Act (CTA) ushered in a significant shift in beneficial ownership reporting requirements starting from January 1, 2024. This change is more...

Risk and financial advisory experts, Kroll, have collaborated with technology specialists ViClarity to introduce a comprehensive solution for managing IAF/SEAR regulations issued by the Central Bank of...

Fenergo's recent webinar, 'KYC, AML, & Onboarding in 2023 – Were Lessons Learned or Do Old Habits Die Hard?', brought together compliance experts to...

The current communication monitoring landscape is a ‘wild west’, and firms need to ensure their processes are nimble so they can adapt to new and evolving communication channels.

2023 was a pivotal year in digital communications governance. In the US, regulatory bodies imposed hundreds of millions in fines, extending their reach from banks to broker-dealers, investment advisers, and credit rating agencies. Similar actions were observed in the UK, with regulatory bodies sanctioning banks and fining firms for non-compliance in trading communications.

Transaction reporting is a necessary requirement for countless regulations, and yet Novatus Advisory co-founder Matthew Ranson believes many firms are getting this process wrong, and they might not even be aware of it.

The journey of digital transformation has been a critical focus for financial institutions (FIs). While considerable progress has been made in digitising compliance and operational processes, a significant challenge remains: addressing Financial Crime comprehensively.

In the rapidly evolving financial services industry, the importance of effective risk assessment is often overlooked.

As the Corporate Sustainability Reporting Directive (CSRD) and EU Taxonomy gain momentum, companies are prioritising their ESG reporting strategy. Central to this strategy is the creation of a robust, cross-functional ESG reporting team, essential for seamless compliance and leveraging the report as a strategic tool for enhancing overall sustainability.

Behavox, an AI-driven compliance solutions firm, has partnered with BNY Mellon with the aim of enhancing the latter's compliance program.