How company boards can get ESG right
A hot-button topic in 2022 is ESG. With more and more companies focusing on integrating ESG practices into their structures, how can they get it right?
How AI is transforming financial crime detection
As the financial market hits a turbulent period, the risk of financial crime will only increase. But how can firms ensure they are prepared?
Small firms could be next for off-channel communication fines
RegTech company SteelEye has warned that small companies will soon be in the firing line for fines for failing to comply with off-channel communication.
White House cyber official calls for NATO reform to confront digital challenges
A top cyber official at the White House has called for a reform of NATO to be able to deal better with cyber crises.
Barclays to provide £1m payout to customers for PPI breaches
The Competition and Markets Authority (CMA) has written publicly to Barclays after the bank failed to send a reminder to customers of PPI policies.
BIS Innovation Hub unveils new CBDC prototype
The Bank of International Settlements (BIS) Innovation Hub’s Swiss Centre has launched a new project as a prototype CBDC.
New York Fed, MAS link to explore wCBDCs for cross-border payments
The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.
Twitter CSO resigns as challenges grow for Elon Musk
Lea Kissner, the chief security officer at Twitter, has resigned alongside a number of other key privacy and security executives.
Most firms see their KYC processes as mediocre at best
The majority of organisations see the digital sophistication of their KYC approach as mediocre or poor, according to new research from Moody’s Analytics.
MEPs approve new stricter cybersecurity rules
New rules requiring EU countries to meet stricter supervisory and enforcement measures as well as harmonising sanctions have been approved by MEPs.
