Canada’s Department of Finance Advisory Committee recommends steps towards open banking
Canada's Department of Finance Advisory Committee on Open Banking has issued its final recommendations report, marking a pivotal step in the nation's journey towards embracing Open Banking.
Mastering regulatory compliance: The road to an efficient obligations library
In a recent installment of its series, Ascent delved deeper into the core elements of a robust compliance programme, based on the principles outlined in its Regulatory Compliance Scorecard.
What have been some of the key RegTech trends in 2023?
Taina Technology recently highlighted what it believed were seven key trends within the RegTech industry in 2023.
Australia seeking to introduce historic tax and superannuation reforms
The Australian Parliament introduced the Tax Accountability and Fairness Bill 2023 by Assistant Treasurer Stephen Jones.
Using technology to overcome KYC & CDD challenges
Ensuring KYC and customer due diligence in an age of mass technology use and onboarding has become vital. How can technology help in this area?
FCA uncovers misalignment in ESG investment goals and practices
The FCA has recently shared insights from a review on fund managers' compliance with regulatory standards in ESG and sustainable investment funds.
UK wealth sector faces £3.8m in penalties amidst new regulations
The UK wealth management sector has faced significant financial repercussions this year, accumulating £3.8m in fines from the FCA.
SEC’s latest proposal on PDA technologies: Balancing efficiency and ethics
RegTech firm Saifr recently took the opportunity to discuss what the SEC’s proposed predictive data analytics rule includes.
MAS spearheads Generative AI framework with new MindForge project
The MAS has recently completed the first phase of Project MindForge, an initiative focused on establishing a risk framework for GenAI within the financial sector.
Lynx gets its paws on €17m in Series A led by Forgepoint
Lynx, which focuses on detecting and preventing fraud and financial crimes, has closed its Series A funding round on €17m.