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).
Bank of England paper provides stablecoin regulatory stance
A Bank of England (BofE) paper has highlighted that stablecoins used as money should be expected to face the same regulatory standards as those attached to bank deposits.
US Department of Justice recovers most of Colonial Pipeline ransom payment
The US Department of Justice (D.O.J) has revealed it has recovered the majority of the $4.4m ransom payment paid by Colonial Pipeline to the DarkSide ransomware variant.
Bank identity checks could push close to a quarter to competitors, survey finds
A survey by FICO has found almost a quarter of UK-based respondents would move to a competitor if asked to visit branches or post documents when applying for an account.
Austreme secures patent for card testing fraud detection technology
Hong Kong-based forensic RegTech company Austreme has received approval for a patent for its e-commerce card testing fraud detection system.
