deVere aims to position $2bn into ESG investments by 2026
Financial advisory group deVere has doubled its commitment to positioning assets into ESG investments to $2bn within five years.
Mandatory climate disclosures for financial institutions to be unveiled in New Zealand
New Zealand has become the first country globally to pass laws requiring banks, insurers and investment managers to disclose the impact of climate change on their companies.
Credit Suisse given £147m fine by the FCA for tainted loan, bond exchange
The Financial Conduct Authority (FCA) has issued a £147m fine to Credit Suisse due to severe due diligence deficiencies linked to dealings with the Republic of Mozambique.
Newly launched Audit Sight to capitalise on growing audit industry with seed funds
Audit Sight, which develops auditing technology for financial services, has collected $2.5m in its seed round.
Clear seeks international expansion with its Series C capital
India-based Clear, a provider of tax and financial services software, has scored $75m in its Series C funding round.
Biden Administration calls on US private sector to help in cyber fight
The US Deputy Attorney General has called on companies in the private sector to help the government tackle the rising wave of cybercrime.
BNPL regulatory crackdown on the horizon as UK Treasury launches consultation
The Treasury has unveiled a consultation on the policy options for the buy now, pay later (BNPL) sector as potentially firmer regulation on the market comes into sight.
PensionBee levels up compliance processes through Clausematch deal
PensionBee, a digital pension provider, has implemented the software of Clausematch, a RegTech100 company, to manage its internal policies and controls.
India’s IDfy sets sights on further international growth
India-based IDfy, which provides ID verification and onboarding solutions, has raised INR 86 crore ($11.4m) in its Series D funding round.
How to cope with the rising complexity of regulation
As the regulatory landscape continues to grow in complexity, firms are consistently having to upscale their compliance teams to cope.
