Reporting

The European Banking Authority (EBA) has officially repealed its guidelines on the security of internet payments under the former Payments Services Directive (PSD1).

Theta Lake has bolstered its partnership with communications firm RingCentral to include global service provider and cross-industry vertical security and compliance features.

NatWest has pleaded guilty to money laundering failings amounting to £365m from UK-based jeweller Fowler Oldfield.

Japan’s Financial Services Agency (FSA) has revealed it intends to make climate disclosures mandatory for large Japanese companies from April next year.

Virgin Money has introduced a new app focused on providing an assessment of a companies’ ESG impacts by measuring, tracking and offering guidance.

Cryptocurrencies are becoming more widespread, but as adoption rises firms will need to ensure they have implemented tailored trade surveillance that understands the market’s intricacies.

There are few companies to have gone through two foundations, but a shift in core business focus following the financial crisis helped eflow Global become a pioneer in RegTech.

A huge challenge for companies and consumers alike during the pandemic was the inability for business matters to be conducted in-person. As countries globally entered lockdowns, the possibility for wet signatures – a signature commonly done with pen and paper – become almost impossible.

Founded in 2014, RegTech firm Clausematch markets an automated policy management and regulatory change management platform to help financial institutions amongst other regulated organizations digitize their policies and procedures. As organizations look to simplify their regulatory processes, does digitization represent the future of compliance?

The Finance Minister of Singapore Lawrence Wong has revealed the country will establish a new office to help bolster sustainable financing and investments in the country.