EU regulatory updates to strengthen liquidity management in investment funds
The European Securities and Markets Authority (ESMA), a pivotal regulator and supervisor within the EU, has launched a public consultation on draft guidelines and technical standards pertaining to the revised Alternative Investment Fund Managers Directive (AIFMD) and the Undertakings for Collective Investment in Transferable Securities (UCITS) Directive.
EBA issues new guidelines to enforce travel rule
The European Banking Authority (EBA) today announced the introduction of new Guidelines concerning the 'travel rule' for fund and crypto asset transfers.
NatWest pioneers bank-verified digital identity with OneID integration in Adobe. Acrobat Sign
NatWest has taken a significant step in the digital banking sector by becoming the first UK bank to implement a bank-verified digital identity system.
Tietoevry partners with NAV to enhance digitisation with cloud-based solutions
Tietoevry, a leading Nordic software and services company, has entered into an agreement with the Norwegian Labour and Welfare Administration (NAV), the governmental body responsible for...
Sebi tightens broker regulations to shield investors from fraud
SEBI, the regulatory authority for securities in India, has unveiled updates to its guidelines aimed at enhancing market integrity and protecting investors.
Bank CEOs demand rethink on Australia’s costly open banking initiative
Banking leaders in Australia have criticised the Consumer Data Right (CDR) regime, labeling it ineffective and overly expensive.
TrustID and IDVerse forge partnership to enhance digital identity security
TrustID, a firm known for its veteran status in identity verification, and IDVerse, a pioneer in generative AI identity solutions, have formed a partnership.
Allianz Partners introduces allyz Cyber Care for comprehensive cyber protection
Allianz Partners, a world leader in insurance and assistance services, has announced the launch of allyz Cyber Care, as it looks to protect customers...
Natcap raises $10m to enhance nature-related risk management for businesses
Natural Capital Research (Natcap), a nature and biodiversity intelligence company, has raised $10m in a Series A funding round.
The funds will be used to...
How CSR and ESG differ and why they’re crucial for business success
In the modern business landscape, the distinction between CSR and ESG practices is becoming increasingly significant.