The Prudential Regulatory Authority (PRA) has set out in a Dear CEO letter its supervisory priorities for international banks active in the UK for 2022.
The Hong Kong Monetary Authority (HKMA) has called for the regulation of fiat-currency backed stablecoins similar to that of banks.
In an age where more and more people are moving online spurred by pandemic restrictions, the importance of security and fraud detection is expanding dramatically.
Europol has been ordered by the European Data Protection Supervisor (EDPS) to remove any information related to people with no link to crime.
RegTech firm PassFort has revealed it has successfully completed its System and Organisation Controls (SOC 2) Type 2 audit.
France’s data privacy and protection body has slapped Facebook with a €60m fine and Google with a €150m penalty following misdemeanours around internet cookies.
As the shift to become more environmentally conscious and sustainable takes hold at every level of society, businesses globally are realising the importance of making a more firm and honest approach to making their organisations more sustainable.
With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?
RegTech firm PassFort and identity verification company Trulioo have partnered to offer regulated businesses a way to digitally transform their KYC and KYB processes.
Taiwan’s Financial Supervisory Commission (FSC) has introduced new data sharing guidelines.