U.S. Federal Reserve parts ways with global climate finance coalition
The U.S. Federal Reserve has officially announced its withdrawal from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), a...
Equifax ordered to pay $15m over credit reporting failures
The CFPB has mandated a significant penalty on Equifax, fining the consumer reporting giant $15m for failing to adequately investigate consumer disputes regarding credit report inaccuracies.
From AI to ESG: Emerging dynamics in financial crime compliance for 2025
The landscape of financial crime risk assessment is poised for a transformative shift as we approach 2025 and beyond, driven by advancements in technology and changes in regulatory environments.
How new IDV laws will transform UK corporate governance
In a pivotal move towards enhancing corporate governance, Companies House is set to introduce new identity verification (IDV) requirements by 2025.
PSR unveils new strategic goals to enhance UK’s payment systems
The PSR has released its updated strategic commitments for the next two years, showcasing a robust plan aimed at bolstering the UK's payment systems.
Over 40% of UK financial firms not ready for DORA deadline
Nearly half of the UK's financial institutions are at risk of missing the European Union's (EU's) DORA compliance deadline today.
Navigating the impact of CTA uncertainty on financial crime enforcement
On December 3, 2024, the enforcement of the CTA was halted by a nationwide preliminary injunction, casting doubt over its future implementation.
Financial crime in 2025: The crucial role of AI and industry collaboration
As RegTech closed another year marked by significant advancements and shifts in the financial crime landscape, it is proving key for the sector to look back at 2024 to forecast the potential challenges and innovations that 2025 may hold.
What are the biggest challenges facing ESG reporting?
As environmental, social and governance (ESG) continues to become more prominent in regulations, firms will need to ensure they have the capability to effectively...
Cybersecurity firm BforeAI secures $10m to scale predictive attack intelligence
BforeAI, a cyber company specialising in predictive attack intelligence and digital risk protection, has raised $10m in a Series B funding round.
