90% of financial services see rising compliance costs – SteelEye survey finds
Nine in ten financial services firms have reported an increased compliance cost over the past five years, with 10% saying costs have doubled, according to research from RegTech firm SteelEye.
RegTech duo Compliancy Services and Portman Compliance merge
Compliance consultancy and RegTech provider Compliancy Services has merged with Portman Compliance, a fellow compliance support service.
EBA unveils swathe of AML guidelines
The European Banking Authority (EBA) has issued guidelines for the roles and responsibilities of anti-money laundering and countering the financing of terrorism (AML/CTF) compliance officers.
Sustainability ratings business EcoVadis becomes latest FinTech unicorn
Sustainability ratings business EcoVadis has raised $500m in a funding round, which makes it the latest sustainability impact unicorn.
Danish RegTech Keepit locks up $22m in debt funding
Data protection platform Keepit has reportedly collected $22.5m in a debt financing facility as part of a partnership with Vaekstfonden, a Danish growth fund.
Diligent teams with Q4 to offer enhanced IR and board governance tools
Governance, risk and compliance SaaS solution Diligent has partnered with capital markets communications platform Q4 to provide pre-IPO and public companies with IR and board governance solutions.
Crypto tax platform Cryptio closes Series A
Cryptio, an accounting, audit and tax software for cryptocurrency, has picked up $10m in its Series A round.
ESMA provides guidance to supervisors for sustainability
The European Securities and Markets Authority (ESMA) has released a Supervisory Briefing, aimed at ensuring convergence across the EU in the supervision of investment funds with sustainability features.
ESMA publishes report on the Common Supervisory Action
The European Securities and Markets Authority (ESMA) has published a report on the Common Supervisory Action (CSA) on costs and fees for investment funds, that was carried out with National Competent Authorities (NCAs) during 2021.
Monetary Authority of Singapore launches project to see economic potential of asset tokenisation
The Monetary Authority of Singapore (MAS) has launched Project Guardian, a collaborative initiative with the financial industry aimed at exploring the economic potential and value-add of asset tokenisation.
