Companies

Over 200 financial entities, collectively managing assets worth €6.6 trillion, have issued a stark warning to the European Commission.

In an age where the regulatory landscape is getting more complex and multifaceted by the year, compliance as a box-ticking activity is becoming a step not far enough for many financial firms. To meet the moment, many businesses are needing to demonstrate more traceability and accountability in their compliance operations.  

Encompass Corporation, a leader in KYC automation and CDI has unveiled EC360, a platform designed to address the evolving needs of the banking sector.

In December 2024, the South African Treasury published the draft AML and CTF Amendment Bill, which is now open for public comment.

In the evolving landscape of financial services, the transition towards AI in AML operations is becoming increasingly prevalent.

Aligning environmental, social, and governance (ESG) data with the expectations of investors and regulators presents a significant challenge.

Infinox Capital Limited has faced a significant setback as the Financial Conduct Authority (FCA) imposed a fine of £99,200.

Napier AI has announced a new investment from Marlin Equity Partners, a global investment firm with over $9bn in capital commitments.

In a significant step towards enhancing transparency in climate-related financial disclosures, the IFRS Foundation has released a pivotal guide titled "Applying IFRS S1 when reporting only climate-related disclosures in accordance with IFRS S2."

The European Single Access Point (ESAP) is a significant stride towards transforming the EU’s approach to sustainable finance.