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Introduction: The Basel III regulatory framework, developed post-2008 financial crisis, aimed to fortify the global banking system. As discussions around the Basel end game intensify, regulators, cent...
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 ...
The Securities Exchange Commission (SEC) is trying to instigate deep cultural change around compliance following a high-profile crackdown on ‘off-channel’ communications. Many firms find themselves i...
The Digital Operational Resilience Act (DORA) is a new European regulation designed to fortify the cybersecurity landscape and ensure financial firms can effectively manage digital risks. Coming into ...
Generative AI: Navigating the Landscape In today's dynamic financial services market, generative AI stands at the forefront of technological advancement and innovation, offering unprecedented opportu...
There have been a lot of inventions over the course of history that revolutionised the way people handle their business processes. From clay tablets in Mesopotamia as early as 9000 BCE to paper in Chi...
Credit providers understand the critical challenge with the rise of complex financial crimes, from cyber theft to money laundering. Criminals are using advanced technologies—the same ones that make di...
Fund management executives and board directors play a crucial role in helping asset management firms navigate cybersecurity. As the financial, operational and reputational costs of cyber risk continue...
A continued push for digitisation, transparency and automation in trade finance prompts the question about the impact a migration of Swift messaging from MT to an ISO 20022 standard (MX) would have on...
It is around a year since Silicon Valley Bank, Signature Bank, and First Republic failed, and while its effects were by no means as far reaching as those in the global financial crisis over 15 years a...
Financial crime continues to be a major issue, undermining the trust and safety of global financial systems. The United Nations estimates that a staggering 2 to 5% of global GDP, or between EUR 715 bi...
At UK first Global Fraud Summit, HM Treasury plans to introduce legislation, only to apply to suspicious Authorised Push Payments executed within the UK in sterling. The proposed statutory instrument ...