Legislation

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.

Digital biometrics platform FACEKI has collected pre-seed funding from technology-focused venture capital firm Nama Ventures.

A recent blogpost by Sigma Ratings has detailed how the FinTech industry is facing heightened scrutiny from regulators as issues around compliance comes to the forefront.

The Monetary Authority of Singapore (MAS) is set to introduce a digital platform that will enable financial institutions to share with one another tips to prevent financial crime.

Documents from the US Financial Crimes Enforcement Network (FinCEN) were leaked to the press and published globally in September 2020. It exposed over 2,100 documents and around $2trn in transactions and showed how some of the world’s largest banks enabled criminals to move dirty money around the globe. A year on, has the industry been able to clean up its act?

Digital identity command centre Alloy has secured $100m in its Series C funding round, bringing its valuation to $1.35bn.