Tag: SEC
Regulatory penalties for global financial institutions see sharp decline in H1...
Regulatory fines slapped on global financial institutions saw a staggering 88% dip in H1 2023 compared to the same period last year. This significant decline was unveiled in a report from Fenergo, the top-tier provider of digital solutions in client lifecycle management (CLM).
The hammer drops: SEC and CFTC impose huge fines for regulatory...
UK-based RegTech Custodia has provided an outline of the recent heavy fines plastered on FinTechs by the SEC and CFTC.
The importance of eComms recordkeeping in FinTech
In the past few months, both the SEC and CFTC have targeted numerous Wall Street firms for extensive recordkeeping oversights. This resulted in eye-watering penalties surpassing $1.5bn. Both major and minor firms should anticipate that this assertive enforcement will remain unrelenting.
Navigating the future of audit: How technology fuels strategic growth in...
With the ever-emerging organizational risks, boards are constantly on the lookout for ways to mitigate threats. These include areas like ESG, cyber resilience, human capital management, and even the personal liability of directors.
Unlocking the implications of SEC’s newly adopted cyber rules on FinTech
After over a year of deliberations, the US SEC has finally adopted the proposed rules for enhanced cyber disclosures.
Push for transparency: SEC demands FinTech firms disclose cyber incidents
The SEC has enforced new rules requiring registered entities to divulge significant cyber incidents and to annually disclose substantial information regarding their cybersecurity risk management, strategy, and governance.
US Republicans on the offensive against ESG investing and reporting
US Republicans have unveiled a slew of proposed legislation aimed at curbing the influence of ESG initiatives on financial and capital markets.
Global regulators turn the heat up on trade surveillance: How can...
In a recent post, RegTech firm Eventus outlined key reasons why practitioners must be the key drivers behind trade compliance.
Unpacking the SEC climate disclosure rule: a shift towards sustainability reporting
Position Green's Managing Director in the USA, Jason Stanley, has shed light on the intricate details of the US Securities and Exchange Commission's (SEC) newly proposed climate disclosure rule, explaining its far-reaching implications on US and foreign private issuers.
Navigating market abuse enforcements: current focus and future implications
eFlow Global recently outlined some of the biggest challenges around navigating market abuse enforcement and future implications.