Deal Updates

US export restrictions, governed by the Bureau of Industry and Security (BIS) under the Export Administration Regulations (EAR), play a critical role in safeguarding national security, advancing foreign policy objectives, and preventing weapons proliferation. These regulations require financial institutions to fortify their compliance frameworks, an initiative that has grown in complexity due to new guidance targeting exports particularly to Russia and China.

The FINMA has published a new circular outlining stringent requirements for banks and insurers to manage climate and other nature-related financial risks effectively.

On 15th November 2024, the FCA published a discussion paper that has significant implications for transaction reporting in the UK.

According to recent analyses, such as a report from NASDAQ, financial crime continues to funnel a staggering $3.1 trillion through the global financial system annually.

The RegTech sector has gained significant traction in the financial industry over the past few years, with global adoption accelerating. According to market projections,...

FinCrime Dynamics, a UK-based FinTech specialising in criminal behavioural intelligence and data-driven solutions, has secured seed funding to advance its AI-powered platform.

AI is making significant strides in the realm of financial crime compliance. Coined as 'agentic AI' or autonomous AI, these AI systems are designed to function independently with minimal human oversight.

The Corporate Sustainability Reporting Directive (CSRD) is setting new standards for sustainability reporting across the European Union.

The ESMA has released a new Consultation Paper that outlines its latest proposals for integrating sustainability and financial disclosures into the ESEF.

ViClarity has joined forces with Person Centred Software (PCS), a leader in digital care management systems. This new partnership aims to revolutionise the care sector...