Legislation

Data privacy compliance startup CYTRIO has collected $3.5m in seed funding, supporting its goal of helping mid-sized companies meet privacy compliance.

NatWest has pleaded guilty to money laundering failings amounting to £365m from UK-based jeweller Fowler Oldfield.

Elliptic, a cryptoasset risk management provider, has closed its Series C round on $60m, as it bolsters its market position.

RegTech100 company Compliance Solutions Strategies (CSS) has launched its Document Production Centre to help investment managers automate compliance procedures.

LoginID, a FIDO-certified authentication provider, has received a grant from blockchain developer The Algorand Foundation to boost security on the blockchain.

Cryptocurrencies are becoming more widespread, but as adoption rises firms will need to ensure they have implemented tailored trade surveillance that understands the market’s intricacies.

There are few companies to have gone through two foundations, but a shift in core business focus following the financial crisis helped eflow Global become a pioneer in RegTech.

Duality Technologies, a developer of privacy-enhanced data collaboration solutions, has collected $30m in its Series B funding round.

Founded in 2014, RegTech firm Clausematch markets an automated policy management and regulatory change management platform to help financial institutions amongst other regulated organizations digitize their policies and procedures. As organizations look to simplify their regulatory processes, does digitization represent the future of compliance?

Germany digital bank N26 has been issued a €4.5m fine from the Federal Financial Supervisory Authority (BaFin) for its delay in submitting reports around AML.