UK tops global list for shell company risks, new Moody’s Analytics research reveals
The United Kingdom has emerged as the global hotspot for shell company risks, according to the latest interactive research unveiled by Moody’s Analytics.
Eventus pioneers next-gen trade surveillance: 2024 vision for client-centric solutions
Eventus, a prominent player in the trade surveillance software sector, has announced significant global expansion in 2023 and presents an optimistic forecast for 2024. The company is on a mission to revolutionise trade surveillance with bespoke, client-driven solutions and innovative technology.
Navigating the regulatory minefield: Record fines highlight 2023’s compliance challenges
In 2023, the global regulatory landscape unveiled a startling revelation as fines imposed by authorities exceeded a colossal $10.5bn. This figure not only reflects the stringent enforcement actions but also spotlights the emerging areas of regulatory scrutiny.
Moody’s: UK tops global rankings for shell company risk
Moody's Analytics recently unveiled a concerning insight, with the UK emerging as the global hotspot for shell company-related risks.
A look ahead to RegTech in 2024: An expert’s view
FinTech Global recently spoke to a plethora of key players in the RegTech industry to see what they saw as some of the most hot-button trends to watch out for in the industry in 2024.
Navigating AI hype: Precision LLMs transforming risk management
In the rapidly evolving sectors of finance and governance, managing risk amidst vast, global networks of individuals and organizations is crucial. Leaders tasked with overseeing institutional risk exposure are increasingly looking towards innovative solutions to balance growth and risk management effectively.
Memcyco and Deloitte forge strategic alliance in global cybersecurity sphere
Memcyco, a frontrunner in providing real-time digital impersonation detection and prevention solutions, has joined forces with Deloitte, a global leader in consulting, advisory, and audit services.
EU banks set to tackle ESG and climate risks with new EBA guidelines
The EBA has recently initiated a consultation on proposed guidelines focused on ESG risk management in the banking sector.
How EU’s latest AML laws impact HNWIs and property ownership
Flagright recently took the opportunity to explain how the new AML laws in the EU will impact high net worths and luxury ownership.
The pivotal roles of governance and risk assessment in BSA/AML and OFAC programs
Governance and risk assessment are not merely regulatory checkboxes but the bedrock of a robust BSA/AML and OFAC compliance program.
