ESMA fines Moody’s €3.7m for failing to disclose conflicts of interests
The European Securities and Markets Authority (ESMA) fined credit ratings firm Moody’s €3.7m for breaching rules including the failure to disclose conflicts of interests.
Austrade and FinTech Australia sign memorandum of understanding
The Australian Trade and Investment Commission(Austrade) has signed a memorandum of understanding with national FinTech association FinTech Australia.
Canadian regulators outline regulatory framework for crypto asset trading platforms
The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) have published framework for compliance for crypto asset trading platforms (CTPs).
Number of fileless malware attacks increased by nearly 900% in 2020
Fileless malware attacks increased by nearly 900% in 2020 and cryptominer attack rates grew by 25%, according to a report from WatchGuard Technologies.
The cybersecurity...
Spending on RegTech expected to reach $130bn by 2025
Spending on RegTech is expected to exceed $130bn by 2025, growing by 290% from the $33bn spent in 2020, a new study from Juniper Research claims.
ESMA recommends two-step assessment for derogation criteria of DRSPs
The European Securities and Markets Authority (ESMA) has recommended a two-step assessment for derogation criteria of data reporting service providers (DRSPs).
Why small businesses need to take cybersecurity and cyber insurance seriously
While small businesses might feel they are too small to be a victim of a cyber-attack, that is not the case and cyber insurance should no longer be seen as a luxury.
Alessa issues new webinar on how financial institutions can improve OFAC compliance
Compliance with the Office of Foreign Assets Control (OFAC) sanctions is a major challenge for financial institutions, but how can they be certain they meet the necessary requirements.
Organised crime is biggest compliance-related threat facing firms, study claims
Organised crime is the biggest compliance-related fear facing firms, according to a new report from NorthRow.
The FCA is concerned young investors are taking too much high-risk in their investments
Nearly two thirds of younger investors are taking big risks on their investments, which could significantly impact their lifestyle, according to a report from the FCA.
