Regulatory trio unveil plan to bolster diversity and inclusion in financial services
The Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Bank of England (BofE) has launched a paper aiming to boost diversity and inclusion in finance.
Financial consortium calls for new social, environmental reporting rules for banks
A financial group has called for the adoption of impact-reporting standards that account for social and environmental factors to speed up a sustainable transition for banks.
Majority of UK compliance experts expect more AML regulation due to Brexit
A study by LexisNexis Risk Solutions has found 78% of compliance professionals in the UK see increased anti-money laundering (AML) legislation on the horizon due to Brexit.
HKMA sets out four-step initiative to drive bolstered RegTech adoption
The Hong Kong Monetary Authority (HKMA) has outlined four actions to promote the use of RegTech in the Hong Kong banking sector.
Airbnb to clampdown on unregistered rentals after a $9.6m fine from Paris court
Paris Court has fined Airbnb, the home-sharing giant to pay $9.6m for allowing over 1,000 listings to flout rules to register their rentals.
It was the latest clash...
Japanese report offers recommendations on promoting sustainable finance
A report by a panel set up by Japan’s Financial Services Agency (FSA) has provided recommendations on how to promote sustainable finance in the country.
DataRails nabs $25m Series A extension, doubling its company valuation
DataRails, which provides SMEs with financial reporting support, has bagged $25m in its Series A extension, doubling the company valuation.
BearingPoint to create RegTech juggernaut with Vizor Software acquisition
BearingPoint RegTech has signed an agreement to purchase global tech firm Vizor Software for an undisclosed fee and subject to regulatory approvals.
President Biden provides off-limit hacking list in US-Russia bilateral meeting
President Biden used a recent US-Russia bilateral meeting with President Putin to outline 16 infrastructure that should not be victim to cyberattacks in future.
MoneeMint chooses TruNarrative for onboarding and transaction monitoring
TruNarrative has been chosen by ethical digital banking platform MoneeMint to provide customer onboarding and transaction monitoring solutions.
The TruNarrative platform will enable MoneeMint to deliver...
