European and Australian regulators agree to collaborate to bring about greater equivalence
Two financial market regulators in the EU and in Australia have signed a memorandum of understanding regarding Australian benchmarks.
Cybersecurity solution Corelight scores $50m in Series C
Corelight, a network traffic analysis solution for cybersecurity, has scored an additional $50m in its Series C.
Malaysian officials consider harsher punishments against hackers and companies failing to protect customers’ data
Hack attacks are on the rise in Malaysia. Now the country’s lawmakers are considering taking off the kid gloves towards both criminals and the companies neglecting to protect their clients.
Why have the complaints received by the FCA increased?
New figures from the UK’s top financial market regulator reveals more people have complained the number of complained jumped from 3.91 million in the last six months of 2018 to 4.29 million in the first half of 2019.
Phy Capital Investment CEO slammed with $17.2m fine after committing commodities fraud
Fabio Bretas de Freitas, CEO of Phy Capital Investments, the investment management firm, has been ordered to pay up $17.2m for essentially running a Ponzi scheme.
CFTC accuses Nevada entrepreneur of running a $11m cryptocurrency Ponzi scheme
A top US regulator is accusing the Circle Society and its owner David Gilbert Saffron of fraudulent solicitation, misappropriation and registration violations.
What’s the state of the US RegTech?
RegTech is going from strength to strength. But will the good times keep on rolling in the US?
FRISS building new fraud and risk management solution through Guidewire
Fraud and risk solution provider FRISS has revealed it is the developing a new add-on for fraud and risk management related to claims support.
Machine learning mostly used to fight fraud among UK financial firms
Machine learning technology is poised to be huge thing in financial services. In fact, two-thirds of UK-based firms are already using it.
Flashpoint collects $34m in mix of debt and equity
Flashpoint, a business risk intelligence company, has collected $34m in a mix of debt and equity.
