RegTech

SandboxAQ, a leader in the development of artificial intelligence applications, announced today a significant funding achievement, securing over $300m.

The UK Sustainability Disclosure Technical Advisory Committee (TAC), supported by the Financial Reporting Council (FRC), has recommended the endorsement of two pioneering IFRS Sustainability...

Money laundering activities in the United States alone are estimated to total $300bn annually. In 2023, penalties for anti-money laundering (AML) violations in the...

Bureau, a risk intelligence platform focused on fraud prevention and identity decisioning, has raised $30m in its Series B funding round. The investment round was...

The FCA has unveiled plans for the Private Intermittent Securities and Capital Exchange System (PISCES), an initiative aimed at transforming the private securities marketplace.

NAV lending, a financing mechanism that allows private equity funds to borrow against their net asset value (NAV), is gaining attention as an alternative...

US export restrictions, governed by the Bureau of Industry and Security (BIS) under the Export Administration Regulations (EAR), play a critical role in safeguarding national security, advancing foreign policy objectives, and preventing weapons proliferation. These regulations require financial institutions to fortify their compliance frameworks, an initiative that has grown in complexity due to new guidance targeting exports particularly to Russia and China.

The FINMA has published a new circular outlining stringent requirements for banks and insurers to manage climate and other nature-related financial risks effectively.

On 15th November 2024, the FCA published a discussion paper that has significant implications for transaction reporting in the UK.

According to recent analyses, such as a report from NASDAQ, financial crime continues to funnel a staggering $3.1 trillion through the global financial system annually.