Community
To share information, ideas and experience relating to all aspects of op-risk management and compliance with Basel II
As the owner, you will also give up ownership if you leave this group.
Stanley Epstein Associate at Citadel Advantage Group
AI-driven attacks, deepfake deception, and escalating ransomware mark a dangerous new era of cybercrime. But with the right strategy, resilience is not only possible—it’s essential. Introduction: Welcome to the New Battleground In today’s hyperconnected world, the frontlines of business are no longer physical—they’re digital. Every transaction, da...
10 hours /crime
As artificial intelligence transforms financial operations, banks face both unprecedented opportunities and deepening vulnerabilities. The future belongs to institutions that can harness AI’s power without surrendering control. Introduction Artificial intelligence (AI) and machine learning (ML) have rapidly evolved from niche research fields into ...
11 October 2025 /ai
Sergio Artimenia CEO at Geomotiv
A growing number of loss-making public companies — from biotech firms to gold miners, hotel operators, EV manufacturers, and even vape producers — are tapping debt markets to acquire cryptocurrency, hoping the move will boost their share prices. According to Financial Times, around 154 publicly listed companies have either raised or committed to r...
14 August 2025 /wealth /crypto
Nick Levy Partner - Financial Services at IBM Consulting
Ensuring Operational Resilience: UK’s New Critical Third-Party Regulations Explained This week marked a pivotal moment in the ongoing efforts to enhance operational resilience across the UK financial services sector. Regulators unveiled new rules targeting “critical third-party” providers, with the aim of safeguarding the industry's ability to wit...
14 November 2024 /regulation /retail
John Bertrand MD at Tec 8 Limited
Joe Garner’s Future of Payment review published in 2023 on behalf of the UK Government reflected the complexity of the current instant payment UK environment. The situation has allowed the UK’s early leadership in global instant payments to decline. The UK is starting to fall behind in terms of person-to-person payments made by bank account transf...
18 April 2024 /payments /crime
Antony Fung Marketing Manager at CJC
DORA – Bolstering and Harmonising Operational Resilience Across the EU. See full article at https://cjcit.com/insight/dora-navigating-the-eus-operational-resilience-landscape/ The EU’s DORA is inevitable and will have rippling effects beyond the union. It supersedes previous industry-specific operational resilience guidelines and overcomes nationa...
10 April 2024 /security /regulation
Stan Cowan
Automating Know Your Customer (KYC) and Know Your Business (KYB) checks are vital for payroll service companies. In the fast-paced, ever-evolving world of finance, the role of payroll service companies is more vital than ever. However, with this pivotal role comes the increased responsibility and risk of managing sensitive data. Automating Know You...
07 June 2023 /wholesale /crime
Retired Member
In March 2022, the Prudential Regulation Authority’s (PRA) Operational Resiliency Rules came into force. The rules, which impact UK banks, building societies, and financial services firms, mandate that they embed resilience within their operations. Organisations are instructed to adapt systems and processes to ensure they have service continuity i...
05 April 2023 /regulation /retail
Nickii Mallia Business Development Manager at Aqubix Ltd - KYC Portal
“I am confident and incredibly focused on my work. I can guarantee that I will never miss any kind of anomaly or issue within the compliance processes of your company. I will work tirelessly 24 by 7 and no matter how many new subjects you plan on on-boarding in the future, I can take it. I can assure you that I will identify expired documents way ...
26 January 2022 /regulation /crime
Any compliance officer will tell you that financial safety is the first benefit associated with regulatory compliance. Compliance officers are requested to issue reports to ensure they’re complying with the industry standards, laws, rules, and regulations set by government agencies and regulatory bodies, no matter the industry or company size. It ...
11 January 2022 /regulation /crime
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