Malaysia’s path to enhanced financial transparency and AML compliance
Financial institutions and regulated entities across Malaysia are gearing up for the nation’s fifth mutual evaluation by the FATF, scheduled for 2025.
How to effectively overcome common pitfalls in AML screening
The Wolfsberg Group describes sanctions screening as a crucial method for detecting, preventing, and disrupting financial crimes, including sanctions risks.
Investors urge Japan to harmonise disclosure standards with global ISSB norms
Some of the world's leading investors have called on Japan to address discrepancies between its proposed sustainability disclosure standards and those set by the ISSB.
UK’s fund managers slow to embrace new FCA sustainability labels
UK fund managers have now the option to use one of four sustainable investment labels introduced by the FCA as of 31 July, but uptake has been minimal.
Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia
Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency
Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Standardising withholding statements: TAINA’s role in transforming financial practices
In an era where efficient processing and standardization are more crucial than ever, TAINA took a significant step forward by hosting the Global Industry Forums on Withholding Statements in 2019 and 2020.
EU sets global AI standards with new regulatory framework
The EU has initiated the world's first comprehensive legislation aimed at artificial intelligence, known as the European AI Act.
Cisco Investments backs CyberTech Halcyon
Halcyon, a pioneering anti-ransomware firm, has recently secured strategic funding from Cisco Investments.
SafeGuard Privacy secures $3.6m boost to enhance privacy compliance
SafeGuard Privacy, a prominent SaaS-based compliance platform, has successfully closed a $3.6m funding round.