Why increased regulation and compliance requirements might be a concern for FinTechs
Regulatory compliance is constantly changing and creating a ripple effect with consequences impacting the global financial sector. While keeping up with the changes can be challenging, FinTechs must have solid risk management controls in place to ease this burden.
MAP FinTech outlines best execution monitoring compliance importance
European RegTech leader MAP FinTech has underlined how RegTech companies can remain compliant with best execution obligations going forward.
New EU legislation set to provide more independence to national regulators
The European Commission has proposed legislative changes that would ensure national regulators have a more independent role in their supervision of the financial industry.
Global regulators to grill Facebook about its planned Libra project
Representatives from Libra will be interviewed by officials from 26 global central banks on Monday in a bid to ease worries about its impact on the financial market. At the same time, investor interest in crypto seems to waning.
Compliance management startup Regology secures $8m in its Series A
Regology, which automates enterprise compliance processes through AI, has netted $8m in its Series A funding round.
401(k) compliance platform Advice Analytics wins cash prize at Seattle Angel Conference
Retirement plan compliance platform Advice Analytics has reportedly won $235,000 at the Seattle Angel Conference.
US House to reintroduce finance bill aimed at boosting data transparency
The US House of Representatives is planning to use its current session – running to November 2022 – to reintroduce the Financial Transparency Act (FTA).
OneSpan whitepaper details possibilities of eIDAS regulation for e-signatures
OneSpan has published a whitepaper that details how the eIDAS Regulation offers a range of possibilities for electronic signatures in the European Union.
ComplyAdvantage raises $30m in Series B round, rebrands as Mimiro
Artificial intelligence-based compliance startup ComplyAdvantage has raised $30m in a Series B funding round as it undergoes a new rebrand.
Schroders eyes RegTech opportunities to free up time and money
Schroders is looking for opportunities in the RegTech space as it represents the ‘greatest area for productivity enhancement’ according to chief digital officer Graham Kellen.