RegTech

In the realm of sustainability, the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS) are currently at the forefront of discussions among professionals. These new mandates require EU-based companies to adopt comprehensive reporting protocols, adhering to the European Financial Reporting Advisory Group's (EFRAG) stringent guidelines. This shift has propelled the need for robust solutions to achieve compliance seamlessly.

The Inland Revenue Authority of Singapore (IRAS) has released the third edition of the Common Reporting Standard (CRS) e-Tax Guide on January 12, 2024. The guide is instrumental for Singaporean Financial Institutions (SGFIs), outlining the nation's adoption of CRS, and providing crucial guidance on compliance obligations under the CRS framework.

The asset servicing industry is currently navigating through turbulent waters, marked by escalating fee pressures, rapid technological advancements, stringent regulations, and a volatile macroeconomic...

In the intricate world of FinTech, the geopolitical landscape plays a pivotal role in shaping compliance and regulatory frameworks. The aftermath of the Russian invasion of Ukraine in February 2022 has dramatically altered the sanctions regime, presenting unprecedented challenges for financial institutions (FIs). This seismic shift, marked by a surge in sanctions against various entities and individuals, underscores the necessity for FIs to adapt swiftly to remain compliant.

The U.S. Securities and Exchange Commission (SEC) introduced a significant regulatory update on August 24, 2023, impacting private fund advisers through the adoption of the Private Fund Adviser Rules. This regulatory shift comprises several key components aimed at enhancing transparency and safeguarding investor interests. Among these, the Adviser-led Secondaries Rule and the Annual Fund Audits Rule stand out for their direct impact on fund management practices, accompanied by the amendment to the compliance review documentation requirements.

Phalanx AI, a pioneering cybersecurity company, has been honoured with the Catalyst Grant from the Arlington Innovation Fund (AIF), a recognition facilitated by Arlington Economic Development (AED).

Nucleus Security, a pioneer in the Risk-Based Vulnerability Management sector, has successfully raised $43m in a Series B funding round.

Elevating the customer experience stands as a crucial factor for fostering growth and bolstering brand reputation, particularly within the banking industry. It’s imperative for...

The European Parliament, in a bid to revolutionise fund transfers, has greenlit new regulations aimed at ensuring immediate transfers to retail customers and businesses...

On the 6th of February, 2024, the Securities and Exchange Commission’s (SEC) Division of Investment Management unveiled a new Frequently Asked Question (FAQ) aimed...