MAS reveals plans to launch new banking data-sharing platform
The Monetary Authority of Singapore (MAS) has revealed it has been working with legal and industry partners to develop a platform to help banks securely share information.
The EBA publishes draft on reporting amendments
The European Banking Authority (EBA) has published its draft on amended technical standards on the delivery of information for resolution planning reporting.
Financial anti-crime startup Quantexa snags $153m to accelerate growth
UK-based Quantexa has raised $153m in a funding round led by Warburg Pincus along with a slew of undisclosed blue-chip investors as it seeks...
Helu said to raise $5m in its latest funding round
Helu, an Austria-based FinTech company, has reportedly secured $5m in funding, as it looks to expand its team.
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.
