SEC chair highlights US cryptocurrency regulation shortfalls
The Securities and Exchange Commission (SEC) chair has outlined gaps in US regulation of cryptocurrencies that could cause investor risk and financial crime concerns.
The key regulatory challenge facing the financial industry that you should know about
Regulators are striving to strike a balance between ensuring data security and privacy, and facilitating cyber compliance. As policy-makers attempt to develop a regulatory framework for a safer digital environment, financial firms must appropriately navigate the industry’s everchanging environment.
BIS paper outlines Big Tech regulation challenges in financial services
The Bank for International Settlements (BIS) has published a paper underlining the challenges caused by rapid Big Tech growth in the financial services sector.
MAS reveals plans to launch new banking data-sharing platform
The Monetary Authority of Singapore (MAS) has revealed it has been working with legal and industry partners to develop a platform to help banks securely share information.
Projective acquires data consultancy to help European growth
Consultancy firm Projective Group has acquired specialist data consultant DTSQUARED to help it increase its own capabilities and expand across the Europe.
US to bolster cyber synergies with new defence center launch
The US government has revealed it is introducing a new cyber defence center focused on strengthening collaboration between the public and private sector.
SentiLink closes Series B to support launch of new products
Identity verification technology developer SentiLink has collected $70m in its Series B round as it looks to enhance its product suite.
The EBA publishes draft on reporting amendments
The European Banking Authority (EBA) has published its draft on amended technical standards on the delivery of information for resolution planning reporting.
India’s Enforcement Directorate warns Flipkart of potential $1.3bn fine
India’s Enforcement Directorate has reportedly warned e-commerce giant Flipkart it could be faced with a $1.35bn fine for foreign investment law violations.
Most security professionals believe remote workers face weak security risk
A survey has found a majority of IT security professionals believe remote workers face bigger security risks due to being isolated from their companies’ security teams.
