Navigating the new era: Understanding the IRS’s final digital asset regulations
On June 28, 2024, the IRS released the much-anticipated final regulations for digital asset brokers, providing detailed guidance for reporting sales and exchanges of digital assets.
How Flagright’s Shadow Rules are setting new standards in AML compliance
In the world of financial institutions, misconfigured compliance rules can lead to hefty penalties costing up to $14.82m each year.
The critical role of unstructured data in financial crime prevention
Every 48 hours, the digital world produces an astounding five quintillion bytes of data, according to McKinsey & Company.
Silicon Valley’s Fabric Cryptography launches with $33m Series A funding
Silicon Valley-based Fabric Cryptography, has announced a boost to its innovative operations with a successful $33m Series A funding round.
ESG Book and Vyzrd link to revolutionise climate risk management
ESG Book, a leader in sustainability data and technology, partners with Vyzrd, a prominent climate risk and ESG intelligence platform.
FCA warns insurers to improve information sharing amid concerns over fair value
The Financial Conduct Authority (FCA), the UK’s regulatory body for financial markets, has flagged issues with information sharing between insurers and brokers, raising concerns...
Survey finds firms treat CSDDD as mere compliance, not sustainability driver
A study by Mannheim Business School has found that despite the enactment of Germany's supply chain due diligence law last year, most firms continue to rely on financial metrics over sustainability when selecting suppliers.
Nucleus Security bags funding to enhance federal cyber solutions
Nucleus Security, the leader in unified vulnerability management, has announced a strategic investment by Dcode Capital.
Exploring AI’s impact on anti-money laundering efforts globally
Money laundering remains a major global issue, affecting financial stability and security across the world.
Treasury Prime and Kobalt Labs partner to revolutionize AI compliance in banking
Treasury Prime has announced its latest collaboration with Kobalt Labs, a firm specializing in AI-powered compliance solutions.
