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G7 calls on Russia to take firmer action on cybercrime attacks

The G7 has called on Russia to take stronger action on ransomware attacks and cybercrime that has occurred within their borders.

RegTech Castlepoint looks toward global expansion following $3m Series A

Australian compliance software specialist Castlepoint Systems has completed a $3m Series A funding round led by Main Sequence.

HKMA launches strategy for bolstering Hong Kong FinTech market

The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.

JBS Foods pays multimillion ransom to end global ransomware cyberattack

Food processing company JBS Foods has confirmed it has paid an $11m million ransom payment to end a ransomware cyberattack on its global operations.

EBA finalises EEA bank supervisory reporting cost study

The European Banking Authority (EBA) has completed its study of the cost of compliance of European Economic Area (EEA) banks with the supervisory reporting requirements.

Clausematch, Department for International Trade underline RegTech role in ESG

Regulatory technology firm Clausematch and the UK Department for International Trade (DIT) have compiled an article on the role of environmental, social and governance (ESG) in RegTech.

SentinelOne: Chinese hackers likely behind Russian government agency breach

Endpoint protection firm SentinelOne has claimed Chinese hackers were ‘likely’ behind a series of intrusions on Russian government agencies last year.

Bank of England initiates climate stress tests to explore risks

The Bank of England (BofE) has kicked off its Climate Biennial Exploratory Scenario (CBES) to scrutinise the risks that could be incurred from climate change.

How financial firms can close the gap between regulatory compliance and efficiency using technology

In the face of increasing regulatory demands, financial institutions are struggling to manage their compliance obligations and continue to face millions in fine. However, they can mitigate these risks by embracing RegTech solutions.

ESMA publishes framework for fourth central counterparty stress test

The European Securities and Markets Authority (ESMA) has announced the framework for the fourth version of its Stress Test for Central Counterparties (CCPs).

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