FCA Consumer Duty Countdown: Are firms ready?
The final deadline for compliance with the UK Financial Conduct Authority's (FCA) new Consumer Duty is swiftly approaching in July 2023. The regulatory agency has been actively providing guidance, conducting multi-firm reviews, and sharing specific industry insights in the form of Dear CEO Letters to ensure that firms are adequately prepared for the implementation.
UK and Singapore boost collaboration in sustainable finance and FinTech initiatives
At the recent 8th UK-Singapore Financial Dialogue held in London, the United Kingdom and Singapore underscored their commitment towards enhancing collaborative efforts.
The Dialogue acted...
The US-Hungary Tax Convention Termination: Unpacking its Implications for Financial Institutions
The US Treasury recently made a significant announcement concerning its diplomatic ties with Hungary. On 8 July 2022, the United States notified Hungary that it would be terminating their Tax Convention. According to information disseminated by the US Treasury, this termination is set to take effect on 8 January 2023.
Canada’s OSFI eyes risk management with proposed Crypto-asset guidelines
The Office of the Superintendent of Financial Institutions (OSFI) is taking strides to adapt to the rapidly changing digital asset landscape. Reflecting the shifting risk environment and emerging global patterns, OSFI is introducing modifications to its capital and liquidity guidelines for crypto-assets.
Harnessing FinTech for sustainable power: a guide to Scope 2 emissions reporting
In a world increasingly conscious of the environmental impact of business operations, reporting electricity usage is now a crucial part of corporate responsibility. Compliance...
Hawk AI and Fourthline combine forces to escalate next-gen AML and KYC initiatives
Hawk AI, the leading provider of artificial intelligence (AI) based AML surveillance technology for banks, FinTechs, and payment firms, has announced a strategic partnership...
Data Safeguard secures seed investment from FFB Bank
Data Safeguard, an industry-leading provider of AI-enhanced data privacy solutions, has recently celebrated the completion of a successful seed funding round.
Transforming corrupt cash flows: A look into the world of RegTech with Transparency International
Fenergo FinTalks podcast has released its latest episode where it aims to offer the newest insights into the world of RegTech, compliance, and anti-money laundering (AML).
Quantuma and Aethon Partners advise Clausematch on its sale to Corlytics
Quantuma, an international advisory firm, has recently facilitated the sale of Clausematch, an acclaimed RegTech firm, to Corlytics, based in Ireland.
Unveiling FinTech innovation through the lens of Aiviq’s Pavan Cherlapelly
In the ever-evolving realm of technology and data solutions, Aiviq's Head of Technology, Pavan Cherlapelly recently offered an insight into the technology that should be on the radar of every asset manager.
