ESMA asks for NCAs to improve suspicious transaction reporting
The European Securities and Markets Authority (ESMA) has called for national competent authorities (NCA) to do more on suspicious transaction reporting.
Australian RegTech companies are less male dominated than FinTech in general – new survey...
Men run the Australian RegTech industry. A whooping 67% of the companies only have male leaders, according to new research from the Australian RegTech Association.
The Financial Action Task Force gives Norway’s anti-money laundering efforts a thumbs up
Norway has been hard at work since 2014 to ensure it has a robust system in place to prevent money laundering and terrorism financing occurring under its watch.
Regulators are still lenient with MiFID II – Cappitech claims
Companies are still struggling to get their systems compliant with MiFID II, but regulators have been lenient, a report from Cappitech claims.
ESMA makes further updates to MiFID II and MiFIR Q&A
The European Securities and Markets Authority (ESMA) has updated its Q&A page for the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/MiFIR).
Philippine financial regulator push for stricter money laundering laws to avoid being put on...
Regulators in the Philippines are worried that they might be put on the Financial Action Task Force’s (FATF) list of countries with questionable commitments to avoid money laundering and terrorism funding.
Finance ministers set to agree on new EU anti-money laundering authority recommendations by Thursday
From the huge Danske Bank scandal to a rising number of reports in the UK, money laundering is a growing concern for finance ministers in the EU.
The European Banking Authority releases new ICT and security risk guidelines
The European Banking Authority (EBA) have released new guidelines for the mitigation and management of information and communication technology (ICT) and security risks.
Citigroup fined £43.9m for regulatory reporting failures
The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.
Westpac’s chairman and CEO to step down amid AML scandal
Australian bank Westpac will see its CEO Brian Hartzer step down next week as the lender is facing money laundering and terrorism financing allegations.
