Deal Updates

Bribery and corruption pose some of the most significant threats to the integrity of global business operations in the modern day. 

In the fast-evolving world of risk management, where the challenges are substantial and the opponents are constantly adapting, the significance of risk executives and their teams is unprecedented.

The Digital Operational Resilience Act (DORA), which took effect on January 16, 2023, is a crucial piece of legislation designed to bolster the digital resilience of the financial sector.

The MAS has partnered with DBS, HSBC, OCBC, UOB, SPTel, and SpeQtral to advance quantum security measures in the financial sector.

Kiteworks, a California-based company specialising in secure data sharing, has announced a substantial new investment.

In the evolving landscape of financial regulation, institutions face increasing pressure to implement robust due diligence systems.

Financial officers from 22 US states have expressed opposition to the FASB over the proposed inclusion of the SECs climate-disclosure rules in US accounting standards.

Money laundering continues to pose a significant threat across the Asia Pacific region, with sophisticated tactics challenging financial institutions. As technological advancements emerge, so too do the strategies of those intent on manipulating financial systems. In response, both regulatory bodies and financial institutions are developing innovative approaches to counter these threats.

In the current digital age, SMS has become a vital communication tool, especially within the financial services sector where the need for timely and secure messaging is paramount. Yet, the regulatory framework that governs SMS communications is both complex and stringent.

The FRC, in collaboration with a cross-regulatory group including the FCA, Companies House, HMRC, and the Charity Commission for England and Wales, has unveiled a comprehensive discussion paper.