The European Banking Authority changes Basel III monitoring to be mandatory
The European Banking Authority (EBA) is changing the Basel III monitoring exercise from being voluntary to a mandatory exercise.
Natwest faces money laundering charges by FCA over cash deposits
The Financial Conduct Authority (FCA) has begun criminal proceedings against banking giant NatWest Group PLC alleging that the company failed to follow anti-money-laundering regulations.
CSS discuss CCO liability in its latest Coffee & Regs podcast
CCO liability is still a big concern for chief compliance officers, but the recent speech from SEC commissioner Hester Pierce is helping to bring more clarity to the issues.
Authentication platform LoginID scores $6m in its seed round
Authentication provider LoginID has closed its seed round on $6m as it looks to accelerate the adoption of passwordless services.
Provident Financial faces FCA investigation in home credit division
Doorstep lender Provident Financial said the UK’s financial watchdog Financial Conduct Authority (FCA) is investigating the firm in its consumer credit unit.
The EBA launches discussion paper for an integrated reporting system
The European Banking Authority (EBA) has published the discussion paper on the feasibility study of an integrated reporting system.
DataGrail nets $30m in its Series B round
Privacy platform DataGrail has secured $30m in its Series B round, as it adds several new customers.
InsurTech startup Cowbell Cyber closes $20m Series A
Cowbell Cyber, an AI-powered cyber insurance provider, has closed its Series A round on $20m to help it scale its offering for continuous underwriting and closed-loop risk management.
IDmission receives ISO 27001:2013 certification
Biometric-powered identification platform IDmission has received the ISO 27001:2013 certification, which is the international standard for best practices in information security management systems.
Industry responses to the US’ new Anti-Money Laundering Act 2020
The US Congress passed the Anti-Money Laundering Act 2020 and could be one of the most impactful changes to AML for two decades.
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