Reporting

Israel-based Apono, which helps enhance permission management, has reportedly raised $5m in its seed round.

Trade surveillance firm Eventus Systems has appointed Josh Bosquez to the role of chief technology officer.

Compliance is changing. In a world transformed by the pandemic, many companies are now conducting their compliance processes online. However, the continuing upheavals worldwide are altering the way compliance itself is conducted.

Japan’s Financial Services Agency (FSA) will mandate listed firms to disclose the ratio of women in managerial positions as it reeks to further raise the glass ceiling.

A recent assessment by the European Central Bank (ECB) on the progress European banks are making in disclosure climate risks has revealed a lot more is yet to be done on this front.

People do not like change. Despite the improvements technology can have, firms stick to old, out-dated systems for their operations. This has left companies with inefficient workflows, prone to mistakes.

A new report by the UK’s Treasury Select Committee has called on the government to work harder to tackle the ‘growing fraud epidemic’ in the UK.

The UK’s Competition and Markets Authority (CMA) has warned Monzo over a breach of retail banking regulations.

The European Securities and Markets Authority (ESMA) has issued a consultation on aspects of suitability requirements under the Markets in Financial Instruments Directive (MiFID II).

After a strong 2021, many RegTech companies are looking ahead to the new year with optimism for another year of advancement and greater innovation. With the pandemic still raging on, 2022 could be another year for RegTech companies to further ingrain themselves into the system. What trends should the industry look out for this year?