FCA to team with BofE to develop blockchain-based regulatory reporting initiative
The Financial Conduct Authority (FCA) is teaming with the Bank of England (BofE) to launch a blockchain-based regulatory reporting solution to tackle rising compliance costs.
ECB stress test reveals potential climate peril for European banks
A climate stress test by the European Central Bank (ECB) has found firms based in areas most open to physical risk could see their creditworthiness impacted by climate change.
Banks and asset managers not yet prepared to meet climate risk deadlines
A barometer measuring the climate risk preparedness of the global banks and asset managers has found a lot still needs to be done in terms of practical implementation.
What are the regulatory challenges and solutions for Forex brokers?
In an ever-changing regulatory landscape for companies in financial services, the need to stay up to date and compliant is vital.
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.
