Deal Updates

The Partnership for Carbon Accounting Financials (PCAF) and GF60, a Chinese non-profit sustainable finance platform, have recently formed an alliance.

Airbus, the renowned French aerospace company, and Atos, a major player in the IT sector, are currently in discussions regarding a significant acquisition.

Mimecast, known for its advanced email and collaboration security solutions, has recently announced the acquisition of Elevate Security.

In recent years, United States financial regulators have established themselves as global leaders in enforcement. In 2022, they imposed $3bn in fines, nearly three quarters of the world’s $4.2bn total. 2023 continued this trend, with US financial institutions paying 83% ($157.26m) of total penalty dollars, a stark contrast to their 10% share in global regulatory violations.

The journey of digital transformation has been a critical focus for financial institutions (FIs). While considerable progress has been made in digitising compliance and operational processes, a significant challenge remains: addressing Financial Crime comprehensively.

The UAE Banks Federation (UBF) and the Hong Kong Association of Banks (HKAB) have recently entered a significant Memorandum of Understanding.

The U.S. Department of the Treasury’s FinCEN has initiated a significant step in enhancing corporate transparency and combating illicit finance.

SonicWall, a cybersecurity leader, has announced its acquisition of Banyan Security, a prominent provider of security service edge solutions.

iFlock Security Consulting, a leading boutique cybersecurity company, has announced a significant milestone in its growth journey.

Aqua Security, a trailblazer in cloud-native security, today announced a significant financial milestone, securing $60m in additional funding.