Santander launches AI deepfake awareness campaign amidst rising scam concerns
Santander, a leading global bank, has announced a new initiative to combat the growing threat of AI deepfake scams.
The campaign highlights the increasing risk...
How is AI transforming risk management?
In an era where the proliferation of digital technology is continuing to ramp up considerably, ensuring risk is sufficiently managed in this new sphere is vital. How has the onset of AI transformed this battle?
EU directive sets new standards for environmental and financial reporting
The European Union's Corporate Sustainability Reporting Directive (CSRD) now requires companies to conduct a 'double materiality' assessment.
CISA steps up AI game with Lisa Einstein as new chief AI officer
The Cybersecurity and Infrastructure Security Agency (CISA) has announced the appointment of its first Chief Artificial Intelligence Officer, Lisa Einstein.
The transformative power of AI in compliance
The integration of AI within compliance frameworks is revolutionising how companies process vast amounts of data, bringing unprecedented efficiency and effectiveness.
Five major hurdles financial institutions face in client onboarding
A survey conducted by Muinmos has shed light on the significant hurdles financial institutions face during client onboarding.
Malaysia’s path to enhanced financial transparency and AML compliance
Financial institutions and regulated entities across Malaysia are gearing up for the nation’s fifth mutual evaluation by the FATF, scheduled for 2025.
How to effectively overcome common pitfalls in AML screening
The Wolfsberg Group describes sanctions screening as a crucial method for detecting, preventing, and disrupting financial crimes, including sanctions risks.
Investors urge Japan to harmonise disclosure standards with global ISSB norms
Some of the world's leading investors have called on Japan to address discrepancies between its proposed sustainability disclosure standards and those set by the ISSB.
UK’s fund managers slow to embrace new FCA sustainability labels
UK fund managers have now the option to use one of four sustainable investment labels introduced by the FCA as of 31 July, but uptake has been minimal.
