242 Results from 2022, /regulation
Steven Rackham CTO for Financial Services at NetApp
People and businesses around the world create a staggering 1,145 trillion megabytes of data per day. Data is transforming all our lives, from accelerating the diagnosis of diseases to optimising retail pricing. Data fuels AI technologies and AI can only be as good as the information which it harnesses. According to PwC, AI has the potential to co...
27 October 2022 /regulation /cloud Banking Strategy, Digital and Transformation
Retired Member
Good companies continuously ask themselves: what are we doing now to prepare for the future? When it comes to regulatory technology (RegTech), and specifically compliance technology, the temptation to brush off this task with rationale related to cost, necessity, or implementation effort could come at a big price, more resources required, time sp...
26 October 2022 /regulation /sustainable
Barley Laing UK Managing Director at Melissa
The cost of living crisis, combined with an increase in digitalisation of services and remote working at a time of great volatility in the world, has created new motives and justification for fraud to flourish. In fact, the current turmoil has fed into the three elements of the fraud triangle: motivation, opportunity and rationalisation. As a resu...
26 October 2022 /regulation /identity Digital Identity Management
It’s one of the common attacks you’ll hear on cryptocurrency: the technology is designed for tax evasion and nothing else. While the cryptocurrency ecosystem has added millions of new investors in recent years, the space still faces the same tired attacks. In August 2021, the Nobel Prize-winning economist Paul Krugman claimed that ‘…tax evasion an...
25 October 2022 /regulation /crypto Cryptocurrency Insights
Stephane Rio CEO at Opensee
Regulatory reporting requirements and time-sensitive business data demands are forcing financial institutions to confront the challenges of defining their global data journey strategy. At stake is constant access to aggregate or run impact simulations on heterogeneous sets of data that get larger every day. Institutions face demands from regulator...
24 October 2022 /regulation /markets Capital Markets Technology
Anna Monteiro Global Head of Business and Product Development at www.solutions-atlantic.com
Following up on my 2nd quarter foreign direct investment review, we’ll pick it up in Ireland which set out a new FDI screening rule similar to that of the UK. The Screening of Third Country Transactions Bill 2022 should be enacted before end of year and will require notification of transactions in issuers with activities affecting security or publ...
24 October 2022 /regulation /markets Financial Services Regulation
Pascal Aerens CPO at Neterium
Last week, the banking community gathered in person again for SIBOS, the largest global financial services networking event organised by SWIFT. Many sessions focused on reducing friction in payments. Today’s complex geopolitical landscape meant that sanctions – a major source of friction – were top of mind for many in attendance. As the financial ...
23 October 2022 /regulation /crime Financial Services Regulation
Nick Green Director at Purple Patch Broking Ltd
During economic uncertainty, fintechs and all other credit providers face a very different landscape. The real risk of global and national recessions means that net interest margins are wafer-thin. Business as usual (BAU) costs are unusually high. Ultimately thriving in an uncertain environment with shrinking margins, increasing competition, and d...
20 October 2022 /regulation /retail Fintech
Kiran Komma Senior Domain Consultant at Tata Consutlancy Services
Securities lending market is vital to the healthy functioning of securities markets globally. Securities lending improves market liquidity, price discovery, and enables timely trade settlement but an opaque securities lending market and limited availability of securities lending data publicly are big concerns to the regulators. In alignment with D...
20 October 2022 /regulation /wholesale
Joost Van Houten Founder & CEO at Sentinels
We live in a time of significant financial change; two once-in-a-lifetime recession events have happened in just over a decade, and regulators are trying to get a grip on financial economic crime while not limiting innovation. Unfortunately, rapid digitization due to the pandemic has sent instances of financial crime soaring. Regulators exist to pr...
19 October 2022 /regulation /crime RegTech
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