Are financial institutions struggling to keep up with modern sanction and PEPs lists? –...
The war in Ukraine has underscored how quickly sanction and PEPs lists can change. Since 2022, the US, UK, EU, Australia, Japan and Canada have imposed over 16,500 sanctions on Russia, according to the BBC. The current turbulent geopolitical scene means financial services firms need to be ready for regular, and often sudden, changes to PEPs and sanction lists. FinTech Global recently spoke to several industry players to ask whether financial institutions are keeping up with the modern sanction/PEPs landscape.
From data breaches to economic crises: The growing cyber threat to global finance
The digital landscape has witnessed a staggering escalation in cyber threats, casting long shadows over financial stability worldwide.
Embracing change: The guide to structuring your CSRD report effectively
Time is ticking for companies to align with the Corporate Sustainability Reporting Directive (CSRD).
Zscaler’s acquisition of Airgap Networks to boost Zero Trust SASE capabilities
Zscaler, a leader in cloud security, announced its intent to acquire Airgap Networks, a firm in cybersecurity solutions for business-critical networks.
Alethea secures $20m in Series B to combat digital disinformation threats
Alethea, a pioneer in the field of disinformation detection and mitigation, has successfully closed a $20m Series B funding round.
Knostic secures $3.3m to enhance GenAI access control frameworks
Knostic, a trailblazer in generative AI (GenAI) security, announced today that it has successfully closed a $3.3m pre-seed funding round.
What the 2024 EMIR Refit means for EU and UK reporting entities
Is your firm prepared for the upcoming EMIR Refit? As the 29th April 2024 go-live date approaches, understanding the forthcoming changes under the European Markets Infrastructure Regulation (EMIR) Refit is crucial.
ISS-Corporate acquires Celsia to enhance corporate sustainability reporting capabilities
ISS-Corporate, a provider of compensation, governance, cyber risk, and sustainability services, aims to bolster shareholder value and mitigate risks.
Encompass, Innovate Finance and City of London launch new RegTech initiative
The newly formed RegTech Platform, initiated by Innovate Finance, the City of London Corporation, and Encompass Corporation, aims to propel the RegTech industry forward by addressing crucial challenges and enhancing the communication and effectiveness of RegTech solutions.
Enhancing financial compliance: How control room software transforms trading rooms
In the fast-paced environment of financial trading control rooms, balancing a myriad of tasks is crucial.
