4449 Results from /regulation
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
Environment, Social and Governance metrics are here to stay. The ESG investment market has surpassed USD 30 trillion. Governance needs better ways to measure corporate behaviour. ESG metrics measure corporate behaviour and sustainability. ESG metrics is a shift from intangibles to tangibles. Achieve holistic governance using ESG and fina...
16 October 2020 /regulation /markets Trends in Financial Services
Stefan Pajkovic CEO at TradeCore
On average it takes at least 2 to 3 years for a fintech company to transition from an initial proposition to being market ready, often at the cost of millions of pounds. In the current COVID environment, where it’s more difficult to develop products and prove profitability to investors, many industry commentators are warning of a ‘fintech spiral ...
16 October 2020 /regulation Fintech
Andrew Beatty Head of Wealth, Retirement & International at FIS
There was a time when banks knew who their competitors were. For the most part they were other banks and financial services providers. Pretty simple. But with technology taking center stage, fintechs seem well positioned to move even further into the banking space. But are they really? As Hugues Delcourt, Chairman of KNEIP and former CEO of Banque...
15 October 2020 /regulation /retail Banking Strategy, Digital and Transformation
Joris Lochy Product Manager at Intix | Co-founder at Capilever
Following the financial crisis, bank control authorities (like the FCA in the UK or the FSMA in Belgium) and compliance departments within banks have grown exponentially. As a result, regulatory costs have also increased dramatically relative to banks’ earnings. At first sight, this seems indeed the correct reaction, to better control and monitor ...
13 October 2020 /regulation Banking Regulations
Ivy Schmerken Editorial Director at FlexTrade Systems
No one could have predicted that Wall Street’s top compliance project would go into production during a pandemic. The securities industry is submitting data to the Consolidated Audit Trail, a long-delayed database for tracking the lifecycle of orders and transactions for U.S. listed and over-the counter equites and options in one place. Even thou...
13 October 2020 /regulation /markets Big Data
Adam Krug CLM Ambassador at Pegasystems
How a Unified Case Management System Can Improve AML Practices In September this year, the ‘FinCEN Files’ – thousands of documents detailing $2 trillion (£1.55tn) of potentially corrupt transactions that were overlooked by the US financial system – were leaked. The data revealed how some of the world's biggest banks have permitted criminals to ...
13 October 2020 /regulation /crime
Stephan Wolf Advisory Board Member at The Open Working Group
In a battle for significance, no other public facing business document can match the annual financial report. It is the document that a public corporation must, by law, publish to describe its operations and financial condition, and to chronicle its activities over the past twelve months. Shareholders, investors and the wider financial ecosystem m...
12 October 2020 /regulation /identity
Retired Member
Regulation – if developed appropriately – can be the catalyst that propels nascent technologies into the mainstream, especially in the complex world of financial services. And the European Commission (EC) has just confirmed its place at the forefront of fostering fintech innovation, writes Isabelle Corbett, Head of Regulatory Affairs at R3. Last...
08 October 2020 /regulation /crypto
Information barriers have always been a challenge for organisations to manage, monitor and control. As a result, many firm have historically banned home working and previously only enabled access to files, folders, and other information on-site. Along comes the Covid-19 pandemic, and suddenly all rules needed to be readministered to facilitate the...
07 October 2020 /regulation
Adam Holden Chief Executive Officer at NorthRow
Due to time, cost and loss of productivity required to deliver a KYC remediation project, many firms delay activity or avoid the challenge altogether until the regulator comes to call. However, with the current market volatility and increasing levels of financial crime, sitting on a back-book of inaccurate or out-dated client data will expose your...
05 October 2020 /regulation Financial Risk Management
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