Tag: Compliance

The SEC and the CFTC have recently imposed fines totalling $477.75m on 26 broker-dealers and investment advisers for failing to comply with electronic communication recordkeeping requirements. This latest enforcement wave pushes the total fines levied for similar violations to over $3bn, underscoring the serious, ongoing issue of non-compliance within the industry.

On June 28, 2024, the IRS released the much-anticipated final regulations for digital asset brokers, providing detailed guidance for reporting sales and exchanges of digital assets.

Treasury Prime has announced its latest collaboration with Kobalt Labs, a firm specializing in AI-powered compliance solutions.

When working together, compliance and risk teams can help achieve their organization’s strategic and operational objectives, but lack of communication and cooperation can put them at odds.

In the dynamic realm of regulatory compliance, traditional surveillance techniques are no longer sufficient. As regulatory frameworks evolve, adopting cutting-edge technologies is crucial for firms aiming to stay ahead.

Quod Orbis partners with YASH Technologies to help businesses enhance holistic monitoring capabilities

AI is progressively transforming the landscape of AML and KYC within financial institutions, aiming to amplify their efficiency, efficacy, and scale. According to Saifr,...

Managing customer interactions across diverse digital platforms presents a complex challenge. However, the recent integrations between Theta Lake and RingCentral introduce a robust solution to this dilemma, specifically through their digital and omnichannel support functionalities within RingCX Digital and RingCentral Contact Center.

The Consumer Duty, introduced by the FCA, has notably heightened consumer protection standards within the financial services sector.

TAINA Technology, a prominent player in the RegTech sector, has introduced its latest innovation, the Form API.