Compliance Management

In a strategic move, the Defense Innovation Unit (DIU), an organisation established to foster the incorporation of commercial technology within the Department of Defense...

The world of Environmental, Social, and Governance (ESG) compliance is becoming increasingly intricate and crucial for financial institutions (FIs). Amid this rapidly changing landscape, where sustainability and responsible investing have taken centre stage, FIs find themselves under mounting pressure to navigate these challenges effectively.

The UK's Financial Conduct Authority (FCA) recently released a ten-point checklist for companies in anticipation of the new Consumer Duty regulation set to be enforced on July 31, 2023. This regulation marks a pivotal shift in the regulatory landscape, impacting both new and existing services and products available for sale or renewal.

An innovative collaboration approach to financial regulation is being advocated by Eventus, a leading regulatory technology (RegTech) firm, in their latest 'Compliance in Focus' series.

In an increasingly interconnected financial landscape, financial crime has become more sophisticated, underlining the importance of maintaining robust anti-money laundering (AML) compliance for financial institutions. With stringent regulatory scrutiny and technological advancements, financial institutions must adhere to strict AML regulations to deter activities such as money laundering, terrorism financing, and other financial crimes. Moreover, understanding and considering the significant cost of non-compliance is vital.

The Chinese authorities levied a hefty fine of $984m on Ant Group for breaching consumer protection and corporate governance laws, according to a report from Reuters.

As we move deeper into 2023, AI breakthroughs are dominating the global business landscape. The capabilities of generative systems and large language models have gripped the public's attention, with companies across various sectors investing heavily in these AI-centric technologies. However, the success of these investments heavily relies on the quality of data used to train these systems and the in-house expertise of the organisations implementing them.

Quantifind, a premier provider of AI-driven risk intelligence automation for leading organisations globally, is delighted to announce its strategic partnership with Opoint, a world-renowned leader in news data collection and analysis.

The importance of an effective implementation of the European Sustainability Reporting Standards (ESRS) cannot be overstated for organisations. This is key in demonstrating their commitment to sustainable practices and answering the rising calls for transparency and accountability. To ease and streamline the reporting process, businesses can utilise specialist software providing comprehensive solutions customised to their distinct requirements.

The latest episode of Fenergo FinTalks podcast, an series keeps its audience updated with the latest developments in the RegTech, compliance, and anti-money laundering (AML) sectors, focused on Environmental, Social, and Governance (ESG) investing.