Reporting/compliance

1711 articles tagged with this keyword

/regulation

Indigita and Prometeia launch ESG e-learning course

Swiss regtech company Indigita SA, in collaboration with the global advisory firm Prometeia, announces the launch of a new e-Learning course focusing on Environmental, Social, and Governance (ESG) scoring.

/regulation

Russia-linked fintechs hit with US sanctions

The US government has imposed sanctions on 13 fintechs for offering crypto-based services to Russian firms looking to evade the economic restrictions in place since the outbreak of war in Ukraine.

/cloud

NICE Actimize launches cloud-based record management solution for compliance

NICE Actimize, a NICE (NASDAQ: NICE) business, today announced the launch of ARCHIVE-X, a cloud-based, all communications-in-one archiving and records management solution for financial services firms.

/Reporting/compliance

APP Fraud Liability: A Guide for Banks

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/sustainable

How redefining value in decision making helps the planet

To achieve a sustainable future, integrating financial, natural, social, and human capitals equally into financial systems is crucial. In a conversation with Richard Peers from Responsible Risk, Mark Gough, Chief Executive Officer of Capitals Coalition, discusses redefining value and transforming global decision-making processes to tackle challenges such as nature loss, inequality, and climate change. They stress the significance of contextualized information and measurements for value assessments, highlighting the need for collaboration, integration, and transparency to effectively address complex challenges in the green transition.

/predictions

Responding to regulations: AI solutions boosting operational resilience in 2024

In anticipation of upcoming banking regulations, such as the EU's 2025 deadline, Sumant Kumar, CTO, Banking and Financial Markets, NTT DATA UK&I, provides insights into the impact of artificial intelligence on operational resilience for the year ahead. As a part of our Predict 2024 series, we explore how banks can deploy predictive AI to enhance operational efficiency, alongside the modernisation of infrastructure through converting legacy code with generative AI. We discuss how banks can employ supply chain risk management with the support of operations, improving both customer experience and security in the year to come.

/crypto

Celsius to exit bankruptcy with $3 billion payout

Cryptocurrency company Celsius Network has begun a $3 billion payout in an approved plan to exit bankruptcy.

/regulation

Bank of England governor Andrew Bailey embraces AI - BBC

Governor Andrew Bailey confirms House of Lords' view that the AI technology should be seen as a positive, rather than a risk to business.

/regulation

JP Morgan to pay $18 million for violating whistleblower protection law

The Securities and Exchange Commission (SEC) has charged JP Morgan $18 million for obstructing clients and brokerage customers from reporting breaches of law to regulatory authorities. The payments giant has agreed to pay the penalty charge.

/people

SEC charges Morgan Stanley and former exec with fraud in block trading business

Morgan Stanley have agreed to pay $249 million to settle fraud charges and for failing to enforce information barriers in connection with the bank's block trading practices.

/regulation

NatWest debanking review finds possible violation of FCA rules

A second debanking review revealed that NatWest has potentially violated Financial Conduct Authority (FCA) regulation.

/crypto

MAS chief rubbishes private crypto in speech

Private cryptocurrencies have failed the basic test of digital money and are likely to be in decline in the near future

/regulation

Symphony and Google launch AI-based JV for phone calls

Regtech provider Symphony is drawing on the generative AI capabilities of Google to develop a service to ensure banks' voice calls are compliant.

/crypto

Do Kwan to be extradited from Montenegro

Terraform Lab’s former CEO Do Kwan is to be extradited to either South Korea or the USA following approval from a Court in Podgorica, Montenegro.

/regulation

AI Act: Industry warns EU against overregulation

Digital Europe, a digital technology trade association, has warned the EU against overregulating in its upcoming AI bill in a letter this week.

/regulation

EU considers widening scope of cybersecurity regulation

The EU is contemplating the need to widen scope of cybersecurity regulation to impact Big Tech, banks, and airlines as more companies move to the cloud to drive innovation.

/regulation

Aptus.AI secures €3 million pre-series A funding

Transforming compliance activities from a mere obligation and cost center into a lever to generate business opportunities by changing the way large organizations and companies, starting with banks and insurance companies, access, consult, and utilize the immense volume of legal documents. This is the mission of Aptus.AI, which announces today a pre-Series A of €3 million.