ASIC flags climate reporting and asset valuation as FY26 audit priorities
The ASIC has outlined its key focus areas for financial reporting and audit surveillance for the 2025–26 financial year.
The move reinforces ASIC’s ongoing efforts...
CSRD early disclosures reveal climate and workforce top priorities
New research from Datamaran has revealed how European companies are tackling the EU’s Corporate Sustainability Reporting Directive (CSRD), with many still in the early...
How AI is reshaping AML to target drug trafficking
Canada’s ongoing battle with fentanyl trafficking has taken a dramatic turn in recent years, with growing pressure on both borders and financial systems. In 2024 alone, authorities reported significant seizures of fentanyl moving between Canada and the US—10.8lbs entering from the US and 32.1lbs flowing the other way. These figures sparked diplomatic and economic fallout, including a 25% US tariff on Canadian goods imposed in March 2025.
KYC Portal CLM launches audit feature to boost transparency and regulatory control
A new field-level audit trail feature has been introduced by KYC Portal CLM, aimed at giving compliance professionals unprecedented control over data changes. This enhancement allows users to view the full edit history of any field within a Company or Onboarding Form instantly—without having to sift through the entire entity’s audit log.
Traditional screening isn’t enough: Why FIs must rethink sanctions compliance
Sanctions compliance has traditionally relied on name-based screening and public watchlists to flag potential threats, but as financial crime tactics evolve, this approach is...
Cybersecurity startup Wirespeed raises seed round to transform MDR solutions
Wirespeed, a Minneapolis-based cybersecurity startup founded in July 2024, is on a mission to revolutionise managed detection and response (MDR) with a faster, more transparent, and automation-first approach.
How perpetual KYC is revolutionising compliance in financial services
Perpetual Know Your Customer (KYC) is emerging as a game-changer in financial services, reshaping how institutions manage compliance and monitor risk.
Unlike traditional periodic KYC...
Greenlite AI lands $15m to automate AML and KYC in banking and FinTech
Greenlite AI has secured $15m in a Series A funding round aimed at expanding its trusted AI workforce for combating financial crime.
Navigating money laundering checks when buying a home in the UK
Buying a home is a significant milestone, but the process can be fraught with complexity—especially when it comes to anti-money laundering (AML) checks.
As...
New EU rules push investment firms towards greater execution transparency
The European Securities and Markets Authority (ESMA) recently released two major updates that are set to reshape compliance obligations for investment firms and asset managers across the EU.
