XTransfer eyes upgrade following $138m Series D funding haul
Financial and risk management services provider XTransfer has raised $138m from a Series D funding round led by D1 Capital Partners.
Hong Kong’s SFC unveils consultation conclusion on AML/CFT guideline amendments
Hong Kong’s Securities and Futures Commission (SFC) has published the conclusion of a consultation to amend its anti-money laundering and counter terrorism financing guidelines.
Bank of England issues letter to banks on regulatory reporting shortfalls
The Bank of England (BofE) has sent a warning letter to banks and building societies for not supplying correct information to help regulators identify risks to the financial system.
Amberdata nets $15m as it sets its eyes on international growth
Amberdata, a data and insights platform for blockchain networks, has closed its Series A on $15m as it looks to expand in the US.
Has the DOJ’s updated compliance guidance changed the industry a year on?
A recent report by Clausematch has examined what have been the key developments since the US Department of Justice (DOJ) updated its compliance guidance for 2020.
Soros acquires tax software competitor 1099 Pro to broaden SME offering
Global tax software provider Sovos has purchased tax software and services company 1099 Pro for an undisclosed fee.
Philippines’ SEC set to make sustainability reporting obligatory
The Philippines’ Securities and Exchange Commission (SEC) is planning to make sustainability reporting mandatory for all companies that are listed by 2023.
The FSA moves forward with potential new climate risk disclosure regulation
A new regulation by Japan’s Financial Services Agency (FSA) may lead to the introduction of mandatory climate-risk related disclosures by March 2022.
Identitii unveils SaaS platform to reduce AML and CTF compliance risks
Identitii has launched a software-as-a-service platform to help firms cut non-compliance reporting risks with anti-money laundering (AML) and counter-terrorist financing (CTF).
Sikoia collects $2.3m to support launch of platform later this year
Sikoia, a unified data platform for financial services, has collected $2.3m in its pre-seed funding round, ahead of its launch later this year.
