FCA and PRA move to slash SMCR burden for firms
The Financial Conduct Authority and Prudential Regulation Authority have unveiled the opening phase of reforms to the Senior Managers and Certification Regime (SMCR), aiming...
ABN AMRO accepts €8.5m penalty as AML gaps exposed
ABN AMRO, the Dutch banking group, has been fined €8.5m by De Nederlandsche Bank (DNB) after the regulator uncovered structural weaknesses in the way...
IPC and Luware unite to tighten trading floor oversight
IPC Systems, the trading communications and connectivity provider, has formed a strategic partnership with Luware to widen access to Luware Recording, a cloud-hosted compliance...
Regnology to buy Fed Reporter in US regulatory reporting push
Regnology has signed a definitive agreement to purchase Fed Reporter, a leading American supplier of regulatory reporting tools serving banks, credit unions, and bank...
QIZ Security lands $17m to race enterprises past Q-Day
QIZ Security has closed a $17m seed round to help enterprises confront what it describes as one of the decade's most consequential cybersecurity shifts.
The...
Label and PwC Middle East target FATCA and CRS burden
Label has entered a collaboration with PwC Middle East to bring a combined tax-transparency offering to financial institutions across the region.
Under the arrangement, the...
Legacy tech is quietly sabotaging AI in AML
There is no shortage of talk about AI in financial crime. Boards demand it, vendors promise it, and regulators are watching closely. Yet according...
Zeidler flags UK, Liechtenstein and Italy fund rule shifts
Cross-border fund distribution is entering a new phase of regulatory change, with the UK, Liechtenstein and Italy all revising disclosure, notification and reporting rules,...
Comply Exchange stacks SOC 2 on ISO 27001 credentials
Comply Exchange, a specialist in tax compliance, withholding and IRS form management solutions, has announced it has achieved SOC 2 compliance, a credential the...
CBI review exposes gaps in MiFID compliance functions
Irish MiFID investment firms are under fresh regulatory pressure after the Central Bank of Ireland (CBI) published its Thematic Assessment of the compliance function...