Compliance management startup Regology secures $8m in its Series A
Regology, which automates enterprise compliance processes through AI, has netted $8m in its Series A funding round.
Nearly $1bn was issued in AML, KYC and data privacy fines during H1 2021
A total of $937.7m has been issued in fines for non-compliance with anti-money laundering, know your customer and data privacy regulations, in H1 2021.
SEC sues three former Netflix engineers over insider trading on subscriber numbers
Three former Netflix software engineers and two associates were charged with insider trading in a multi-million-dollar scheme that used inside information on the streaming giant’s subscriber growth, the Securities and Exchange Commission (SEC) said.
Clausematch eyes bolstered compliance offering with new program launch
RegTech firm Clausematch has launched a Partnerships and Certification program for financial institutions and regulators.
OECD offers policy recommendations for AI regulation in financial services
The Organisation for Economic Co-operation and Development (OECD) has published a new report offering policy advice on the regulation of AI in financial services.
Compliance firm PolicyCo bags $1.5m in seed funding
RegTech firm PolicyCo has raised $1.5m in a seed funding round led by venture capital and management firm Powered Health.
Why video communication tools may pose security and compliance risks for firms
A blogpost by RegTech firm Cognitive View has detailed the security and compliance risks that come with using video communication tools while working remotely.
Pngme gears up hiring efforts following Series A close
Pngme, a financial data management platform, has closed its Series A round on $15m to support the growth of its global team.
Fenergo acquired by European private equity firms in $600m deal
Irish RegTech firm Fenergo has been successfully acquired by private equity firms Astrong and Bridgepoint in a $600m agreement.
CBIRC demands insurance company self-checks in management crackdown
The China Banking and Insurance Regulatory Commission (CBIRC) has called on online insurance firms to conduct self-assessments to identify violations and make corrections.
