BUX slapped with €1.6m fine by Dutch regulators over referral incentives
The Netherlands Authority for the Financial Markets (AFM) has imposed a fine of €1.6m on neo-broker BUX for breaches related to the inducements ban.
Automating complex ownership structures with KYC Portal
Managing complex corporate structures involves identifying and linking all parties within a structure back to the root entity. Traditionally, this is a manual process...
SymphonyAI boosts compliance and efficiency with Proceedix Connected Worker update
SymphonyAI has launched an upgraded version of its Proceedix Connected Worker product, designed to enhance frontline worker efficiency and help organisations meet compliance standards.
The...
Visa launches new scam disruption initiative to combat fraudulent activity
Visa has introduced its latest measure in the fight against financial fraud: the Visa Scam Disruption (VSD) initiative.
TAINA partners with Complere Consulting to enhance emerging markets compliance
TAINA Technology has recently announced a strategic partnership with Complere Consulting, known for their expertise in local FATCA and CRS.
Octopus Money and Aveni forge AI alliance to transform financial advice
Octopus Money has announced a partnership with Aveni, a leading developer of AI-driven solutions for the financial services sector.
Navigating the evolving landscape of sanctions and compliance
In recent years, the international community has intensified sanctions against Russia and Belarus, with the European Union, UK, US, and other G7 countries expanding multilateral sanctions.
The future of AML: why compliance-first AI is the key to financial crime prevention
As artificial intelligence (AI) continues to transform financial crime compliance, a new industry benchmark is emerging: compliance-first AI.
Zeidler Group to support 6 Monks’ Swiss market expansion
6 Monks (6M) has partnered with Zeidler Group to leverage its Swiss Representative Service, streamlining the distribution of its first Luxembourg Reserved Alternative Investment Fund (RAIF) in Switzerland.
UK regulatory framework overhaul merges PSR with FCA
The UK government has announced plans to dissolve the Payment Systems Regulator (PSR) and merge its functions with the Financial Conduct Authority (FCA).
