The European Central Bank is reducing the burden of reporting for banks
The European Central Bank (ECB) has reduced the reporting burden banks in Europe face without impacting the amount of information it is able to collect.
The UK’s FCA launches new review of unsecured credit market
The UK’s Financial Conduct Authority (FCA) has launched a review of the future regulation of the unsecured credit market, which could see crackdown on companies
IDnow welcomes Germany’s new online gambling rules
Identity verification company IDnow has welcomed that Germany's 16 states have agreed to a transition period incorporating new gambling laws in October.
This transition clarifies...
ICO reopens its regulatory sandbox
The UK Information Commissioner's Office (ICO) has reopened its regulatory sandbox to help companies develop new products by using personal data in a safe way.
CSS acquires AMFINE to launch end-to-end-enabled compliance reporting platform
RegTech100 company Compliance Solutions Strategies (CSS) has acquired AMFINE, a provider of SaaS-based regulatory reporting services to European asset managers, asset servicers and insurers.
RegTech platform Zero Hash closes Series C round
Zero Hash has closed its Series C round, which was led by tastytrade, a Chicago-based holding company.
ECB warns that big tech entering the FinTech space could lead to security risks
The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.
SEC updates reporting rules for public companies
The Securities and Exchange Commission (SEC) has voted to update the description of business, legal proceedings and risk factor disclosures that registrants are required to make pursuant to Regulation S-K.
SEC opens up private capital market for more people
The US Securities and Exchange Commission (SEC) has voted to amend its definition of accredited investors, meaning more people will soon be eligible to enter the private capital market.
How AI development could benefit from the pandemic
Business stability is the priority for most businesses at the moment and you might think investing into R&D could impact the development of tools like AI. However, this might not explicitly be the case and AI could benefit from the situation.
