Several industry associations voice concerns over AML regulation draft
In an industry-wide call to action, several prominent associations have voiced their concerns over the potential consequences of the current draft text of Recital 34 in the Anti-Money Laundering (AML) Regulation.
ESAs call for changes to the monitoring of BigTechs’ financial services activities
The European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) have released a comprehensive report, shedding light on the direct provision of financial services by BigTech companies in the EU.
ESMA bolsters its monitoring of EU alternative investment funds
The European Securities and Markets Authority (ESMA), the esteemed financial markets watchdog of the EU, recently unveiled a comprehensive report spotlighting the market dynamics of the EU's alternative investment funds (AIFs).
Diligent and Manifest Climate partner for new climate risk management solution
Diligent, a prominent GRC SaaS company, has announced a groundbreaking partnership with Manifest Climate, to expand its capabilities into the realm of climate risk management.
This...
Reken secures $10m in groundbreaking seed funding to combat generative AI threats
Reken, a trailblazing AI & cybersecurity company, has successfully concluded an oversubscribed seed funding round, securing a substantial $10m.
Accenture and Tenchi Security unite to fortify supply chain security
Accenture, a global professional services powerhouse, has strategically expanded its managed security services by investing in Tenchi Security, a leading third-party cyber risk management...
Incognia’s location identity solutions garner $31m fundraise
Incognia, a pioneering force in the realm of location identity solutions, has successfully concluded a $31m Series B financing round.
Navigating the cloud to on-premises transition: Insights and strategies for big businesses
In the realm of technological infrastructure, the decision between deploying on-premises servers or cloud services is pivotal. This choice is not just a technicality...
EU’s AML regulations to transform crypto and high-value transactions
The European Union (EU) has recently made a significant stride in fortifying its defenses against money laundering and terrorist financing. A provisional agreement reached...
Mastering UPI in global financial markets: ANNA-DSB’s essential guide for professionals
In the ever-evolving landscape of global finance, the implementation of a unique product identifier (UPI) has become paramount for regulatory compliance and operational efficiency. The European Union's EMIR-REFIT initiative underscores the necessity of UPIs, a standard that transcends borders, encompassing major financial markets including the USA, the UK, Australia, the EU, and Singapore. This widespread adoption signifies a unified stride towards harmonisation in the financial sector.