PSR and FCA explore the impact of digital wallets on UK consumers and businesses
The Payments Systems Regulator (PSR) and the Financial Conduct Authority (FCA) have jointly initiated a call for information to assess the rapidly growing influence...
Hong Kong to fortify financial stability with new stablecoin regulations
Hong Kong is poised to introduce a new regulatory regime for fiat-referenced stablecoin (FRS) issuers following positive feedback from a public consultation.
Good.Lab unveils solution to aid mid-market companies with EU CSRD compliance
Good.Lab, a provider of sustainability software and services, has launched a new solution designed to help mid-market companies comply with the European Union’s Corporate...
New era of US sanctions: Preparing for a decade of enhanced compliance
As we move into the latter half of 2024, the landscape of international relations is increasingly fraught with challenges, from escalating global conflicts to...
New Independent Science Based Taxonomy (ISBT) enhances sustainable investment
In the realm of sustainable finance, the clarity and credibility of categorising economic activities have received a substantial boost with the introduction of the Independent Science Based Taxonomy (ISBT).
KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support
KPMG International has recently launched the Clear on Climate Reporting Hub, an innovative platform designed to offer valuable insights and guidance on corporate reporting of climate-related matters.
CUBE strengthens board with pair of new appointments
CUBE, a global leader in automated regulatory intelligence (ARI) and regulatory change management (RCM), has bolstered its board as it looks to continue its...
How Red Oak is leveraging AI to revolutionise compliance
In an era of increasing regulatory complexity, artificial intelligence (AI) has become essential in enhancing compliance efforts, offering new capabilities for managing and automating...
BlackRock allocates $150bn for decarbonisation funds
BlackRock Inc., the largest asset manager globally, has revised its decarbonisation investment guidelines, designating $150bn for funds that evaluate energy transition risks and opportunities.
Although...
UAE’s digital leap: How regulatory sandboxes fuel AML compliance
The United Arab Emirates (UAE) is experiencing a notable economic surge, becoming a magnet for foreign investments and job opportunities. This economic growth is coupled with ambitious plans under the UAE Digital Economy Strategy launched in April 2022, aiming to increase the nation's GDP contribution from digital services from 9.7% in 2022 to 19.4% over the next decade. The strategy positions the UAE as a pivotal digital economy hub both regionally and globally.
