Companies

The SEC adopted new rules this week requiring public firms to disclose all cyber breaches that could affect their bottom lines within four days.

The final deadline for compliance with the UK Financial Conduct Authority's (FCA) new Consumer Duty is swiftly approaching in July 2023. The regulatory agency has been actively providing guidance, conducting multi-firm reviews, and sharing specific industry insights in the form of Dear CEO Letters to ensure that firms are adequately prepared for the implementation.

After over a year since it was announced, the Consumer Duty legislation finally came into effect in the UK this week. How will it impact the RegTech space? 

The European Commission has adopted the European Sustainability Reporting Standards (ESRS), significantly expanding the scope of sustainability reporting.

Cybersecurity startup Plerion, founded by industry veterans Mike Rahmati, Paul Garner, and Pierre Liddle, has recently closed a $10m seed round.

The US has unveiled the National Cyber Workforce and Education Strategy (NCWES), aimed at addressing immediate and long-term cyber workforce needs.

Compliance within the financial services industry has taken a new turn as online trading and the emergence of 'finfluencers' on social media platforms have magnified the risks of market manipulation. The shift in the landscape demands greater attention to the prevention, detection, and mitigation of market abuse.

AI and ML models have become an essential part of the FinTech sector, predicting outcomes and making decisions, especially in fraud.

InsurTech company KYND recently released a report exploring whether external or internal vulnerability scanning is more useful to assess a company's cyber posture. 

RegTech firm ViClarity recently explained why the leveraging of vendor management practices can provide key benefits around risk and resilience.