Gold’s dirty money problem lands on banks’ desks
Two of the world's most influential crime-fighting bodies have reached the same conclusion within weeks of each other, and banks are the ones left...
FCA widens Scale-Up Unit to five solely regulated firms
The Financial Conduct Authority has widened access to its Scale-Up Unit, admitting five businesses regulated solely by the FCA for the first time as...
SEC’s new digital asset framework tests limits of investor protection
The Securities and Exchange Commission has put forward a new proposal, Regulation Crypto Assets, designed to give crypto asset businesses a clearer route to...
Why general-purpose AI fails the compliance test
Consumer banks such as Revolut and Trade Republic have reset expectations across financial services, making banking so seamless that traditional institutions have struggled to...
Vendor risk software: the compliance gap procurement tools can’t fill
Vendor management software and vendor risk management software are often bundled together in FinTech and RegTech conversations, but they solve fundamentally different problems.
According to...
Why risk management’s biggest risk is fear itself
Financial services firms have invested heavily in risk technology, compliance systems and regulatory controls. Yet sophisticated technology can only go so far if the...
TopHat Security secures Series A led by Landolt
TopHat Security, a specialist provider of purpose-built cybersecurity solutions for operational technology, critical infrastructure, government and artificial intelligence environments, has announced a Series A...
Why one screening check leaves compliance teams exposed
Compliance teams often treat sanctions screening, PEP screening and adverse media screening as interchangeable checkboxes. They are not.
Each targets a different category of risk,...
FinTech firms face a reckoning over fragmented risk scoring
Banks have long treated fraud and money laundering as separate disciplines, even though the same customer, account or transaction can carry signals relevant to...
EU’s AI Act could model finance-specific rules, study finds
Durham University Business School has found that financial institutions need a dedicated regulatory framework for AI to cut risks and strengthen consumer protection.
The research...
