Tag: RegTech

Hawk AI, an AI-driven fraud and AML surveillance firm, has expanded its leadership team by naming Michael Shearer as Chief Solution Officer.

The GRI and the European Financial Reporting Advisory Group (EFRAG) are making strides in aligning the ESRS with GRI Standards.

The current communication monitoring landscape is a ‘wild west’, and firms need to ensure their processes are nimble so they can adapt to new and evolving communication channels.

For compliance teams that want to make their company's technology more efficient and in tune with the demands of the consumer, the promise of RegTech is continuing to rise in favour.

In recent years, the international community has intensified its efforts against the scourge of modern slavery.

2023 was a pivotal year in digital communications governance. In the US, regulatory bodies imposed hundreds of millions in fines, extending their reach from banks to broker-dealers, investment advisers, and credit rating agencies. Similar actions were observed in the UK, with regulatory bodies sanctioning banks and fining firms for non-compliance in trading communications.

In a recent post by RegTech firm Saifr, the firm outlined four ethical principles for developing trustworthy AI.

Art money laundering refers to the concealment of the origins of illegally obtained funds through the purchase and sale of art and antiquities.

Transaction reporting is a necessary requirement for countless regulations, and yet Novatus Advisory co-founder Matthew Ranson believes many firms are getting this process wrong, and they might not even be aware of it.

In the latest episode of the Fenergo FinTalks podcast, host Dhanum Nursigadoo engages in a thought-provoking conversation with Rory Doyle, Fenergo’s Head of Financial Crime Policy. The focus of this discussion is on a key term in AML compliance: perpetual KYC (pKYC).