Compliance

The UK will introduce a new regulator to supervise investment firms in 2022 and the top City watchdog now wants to hear from market stakeholders.

A survey conducted by IHS Markit and Pirum has found over 70% of regulatory respondents plan to consolidate their diverse reporting processes under a single platform.

The European Commission (EC) has launched its strategy to build a Joint Cyber Unit to tackle large scale cyberattacks, according to the BBC.

The European Commission has announced plans to create a new Anti-Money Laundering Authority (AMLA) following a flurry of recent financial crime scandals.

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.

Could a digital euro be a better alternative to Libra? A leading group of German banks thinks so. The Association of German Banks (Bankenverband) made...

The Financial Conduct Authority (FCA) has disclosed its findings from a review of 14 fair value frameworks ahead of the Consumer Duty implementation in less than three months. RegTech platform Novatus Advisory has reviewed this and outlined the key takeaways for firms. 

The Hong Kong Monetary Authority (HKMA) has disciplined four banks due to anti-money laundering (AML) violations for a total imposed penalty of HKD$44.2m.

Travel Money Club, a currency exchange platform, has bolstered its identity verification experience by partnering with Onfido.

The Singapore Exchange Regulation (SGX RegCo) has published a consultation paper that is suggesting bolstering disclosure requirements for company around climate risk.