The European Banking Authority changes Basel III monitoring to be mandatory
The European Banking Authority (EBA) is changing the Basel III monitoring exercise from being voluntary to a mandatory exercise.
Natwest faces money laundering charges by FCA over cash deposits
The Financial Conduct Authority (FCA) has begun criminal proceedings against banking giant NatWest Group PLC alleging that the company failed to follow anti-money-laundering regulations.
CSS discuss CCO liability in its latest Coffee & Regs podcast
CCO liability is still a big concern for chief compliance officers, but the recent speech from SEC commissioner Hester Pierce is helping to bring more clarity to the issues.
Provident Financial faces FCA investigation in home credit division
Doorstep lender Provident Financial said the UK’s financial watchdog Financial Conduct Authority (FCA) is investigating the firm in its consumer credit unit.
How companies can leverage ethics to qualm fears of AI
Artificial intelligence is becoming a common sight, but there are still fears around using the technology and ensuring it is not being misused.
The EBA launches discussion paper for an integrated reporting system
The European Banking Authority (EBA) has published the discussion paper on the feasibility study of an integrated reporting system.
Modularbank adds AML to product offering after partnership with HAWK:AI
Estonian core banking provider Modularbank has added anti-money laundering (AML) capabilities to its services via a partnership with HAWK:AI, a Germany-based AML platform.
Snyk reaches $4.7bn valuation after new $300m funding round
Cybersecurity company Snyk closed a $300m funding round taking its valuation to $4.7bn.
IDmission receives ISO 27001:2013 certification
Biometric-powered identification platform IDmission has received the ISO 27001:2013 certification, which is the international standard for best practices in information security management systems.
Industry responses to the US’ new Anti-Money Laundering Act 2020
The US Congress passed the Anti-Money Laundering Act 2020 and could be one of the most impactful changes to AML for two decades.
This new...
