How will RegTech evolve in the future?
The financial market is global and constantly dealing with new technologies and weighed down with ever-expanding regulations. So where does that leave the future of RegTech?
RBS’ banking app Bó faces another setback as it forces 6,000 customers to destroy...
The Royal Bank of Scotland’s (RBS) banking app Bó has suffered yet another setback after it had to send out new cards to 6,000 customers as their old ones were non-compliant with the EU’s strong customer authentication (SCA) rules.
Brussels is already looking to make things worse for British finance by shaking up...
For the past 47 years, the UK has been able to influence EU legislation. Now, less than a week after Brexit, Brussels are looking to tear up the concessions made to Britain about its financial reporting.
A senior insurance executive in London has made the case that the UK should...
After New Year’s Eve, Britain can arguably create its own rules for the financial sector. One executive is now saying this is an opportunity too good to miss.
New UK court ruling classifies bitcoin as a legal property
Cryptocurrencies are still reasonably new, meaning that every legal aspect of it is still not 100% clear. Yet, a new case might help shed some light.
The former governor of Banque de France is worried about central banks launching digital...
More than 50 central banks around the world are working on digital currency projects. However, the former head of Banque de France is sceptical.
Is Swedish RegTech finally coming into its own?
Sweden’s RegTech scene has been slow to emerge. While its starting to wake up, it still has many challenges to overcome.
RegTech is rapidly coming...
Westpac hit with several lawsuits from securities buyers following reports about it failing to...
One of the four biggest Australian banks is facing some huge challenges. Not only is Westpac accused of having breached anti-money laundering (AML) and counter-terrorism financing (CTF) regulations, but it is now also dealing with a smattering of lawsuits.
CFTC changes financial trade rules to ensure the market keeps evolving with the times
The financial crisis pushed the US congress to introduce the Dodd-Frank Act to avoid a similar collapse in the future. Now the Commodity Futures Trading Commission (CFTC) has taken another step towards ensuring the evolution of derivatives and swap execution facilities (SEF).
The FCA has not prosecuted a single firm under new money laundering rules introduced...
A freedom of information request has unveiled that the Financial Conduct Authority (FCA) has so far not brought in a single prosecution under the new anti-money laundering (AML) rules it introduced two years ago.