FCA warns cryptocurrency companies are failing to meet UK AML requirement
The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.
How can we remain cybersecure in the age of mass online participation?
As the number of people using services online has ballooned over the last year due to the onset of the Covid-19 pandemic, the threat posed by cybercriminals around the world has grown even stronger. How can companies and governments alike deal with this coming storm?
Signicat acquires Encap Security to integrate mobile identity, authentication
Norwegian digital identity specialist Signicat has bought customer authentication compatriot Encap Security for an undisclosed fee.
ESMA releases final MiFID II and MIFIR market data obligations report
The European Securities and Market Authority (ESMA) has published its final report on MiFID II and MiFIR obligations concerning market data.
MAS provides consultation response to credit bureau, reporting regulations
The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.
NatWest lets customers set transfer limits to reduce payment scam damage
NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.
FCA completes transition to new data collection platform
The Financial Conduct Authority (FCA) has completed its move from Gabriel to RegData, the organisation’s new data collection platform.
US trade report highlights challenges for bolstering financial inclusion
A new report by six US trade groups has underlined the obstacles and solutions for boosting financial inclusion and access across the US.
EBA publishes findings of EU-wide bank climate risk exercise
The European Banking Authority (EBA) has published the findings from its first EU-wide pilot exercise on banks’ exposures to climate risk.
Ransomware DarkSide made $90m in ransom payments, blockchain firm finds
Blockchain analysis firm Elliptic has discovered the DarkSide ransomware variant made an estimated $90m in ransomware payments since October 2020.
