EBA launches consultation on new MiCAR reporting guidelines
The European Banking Authority (EBA) has announced a public consultation on new draft Guidelines intended to standardize reporting requirements under the Markets in Crypto-assets Regulation (MiCAR).
Exploring the future of voice compliance in financial services
At a recent RegTech event in NewYork, topics ranged from AI and blockchain to cybersecurity and IoT, but the standout issue was voice compliance, which consistently emerged across various discussions.
How Custodia’s SOC 2 Type II and ISO 27001 certifications enhance data security
The imperative nature of data security and regulatory compliance in regulated industries cannot be overstated. For organisations handling sensitive information, the pursuit of robust security measures and compliance with stringent standards is non-negotiable.
How to enhance KYC and CDD processes for better customer experiences
Balancing a seamless customer onboarding experience with stringent compliance measures can be challenging. RelyComply, an intelligent AML compliance platform, recently outlined strategies and best practices to streamline the KYC/CDD process, helping businesses navigate anti-money laundering (AML) regulations while enhancing customer satisfaction.
Navigating the new terrain: how EMIR REFIT impacts financial reporting
MAP FinTech recently hosted a critical webinar aimed at equipping EMIR-obliged entities with the necessary insights and tools in anticipation of the EMIR REFIT implementation.
Napier AI connects FinTech innovation with anti-money laundering strategies in new podcast
In the latest episode of Napier AI's podcast series, Paysafe’s former MLRO and Napier AI's data scientist delve into the integration of machine learning (ML) in combating financial crimes within the FinTech sector.
BreachRx raises $6.5m to protect C-level executives from cyber liability
BreachRx, a RegTech firm specialising in intelligent incident response, today announced the closure of its $6.5m seed funding round.
Are financial institutions struggling to keep up with modern sanction and PEPs lists? –...
The war in Ukraine has underscored how quickly sanction and PEPs lists can change. Since 2022, the US, UK, EU, Australia, Japan and Canada have imposed over 16,500 sanctions on Russia, according to the BBC. The current turbulent geopolitical scene means financial services firms need to be ready for regular, and often sudden, changes to PEPs and sanction lists. FinTech Global recently spoke to several industry players to ask whether financial institutions are keeping up with the modern sanction/PEPs landscape.
A closer look at EMIR Refit and LEI reporting obligations for 2024
From the 24th April 2024, the financial markets will experience a significant shift with the application of the revised EMIR Refit (regulatory fitness and performance programme) rules, an integral component of the European Commission's “Better Regulation” agenda.
Regnology clinches prestigious Google Cloud award for its transformative financial reporting solution
Regnology, renowned for its cutting-edge regulatory reporting solutions, has been named the 2024 Google Cloud Industry Solution Partner of the Year in the Financial Services and Insurance sector.