New EU legislation set to provide more independence to national regulators
The European Commission has proposed legislative changes that would ensure national regulators have a more independent role in their supervision of the financial industry.
CBIRC calls on banks to aid supply chain finance reforms in China
The China Banking and Insurance Regulatory Commission (CBIRC) has asked banks in China to strengthen risk management in supply chain finance transactions.
ESMA seeks comments on EMIR clearing thresholds
The European Securities and Markets Authority (ESMA) has launched a discussion paper on EMIR clearing thresholds.
fonoa making tax less taxing with $25m investment
fonoa has raised $25m in investment capital to help it expand its global tax solutions.
Bank of England set to launch CBDC consultation in 2022
The Bank of England (BofE) has revealed it intends to launch a consultation to set out their assessment of the case for a UK central bank digital currency (CBDC) next year.
Notabene guiding firms with crypto compliance through fresh funding
Cryptocurrency compliance service Notabene has secured $10.2m in its Series A investment round, as it helps crypto companies meet travel rule compliance.
eflow, Vectalis team up to improve compliance within over-the-counter equity derivatives
UK-based RegTech firm eflow Global has teamed up with Vectalis, an equities derivatives platform, in a bid to improve both companies in the over the counter (OTC) equity derivative space.
Regulation of stablecoins in sight following US Treasury body report
A recent report has called on the US Congress to regulate the issuers of stablecoins and has urged agencies to assess whether the coins pose a systemic risk.
Eventus deploys tech to help Tradovate boost trade surveillance
Eventus Systems has deployed its trade surveillance technology into Tradovate, an online brokerage firm, as part of a new partnership.
Bank of England to crack down on banks who lack climate risk capital
The Bank of England (BofE) has revealed it intends to crack down on banks and insurers who fail to hold enough capital to cover risks from climate change from next year.
