Singapore strengthens anti-money laundering measures amid evolving threats
Singapore has announced findings of its updated ML NRA, which reflects its commitment to fortifying its AML framework in response to global risks.
The shift from spreadsheets to advanced data solutions in asset management
The latest survey conducted by Northern Trust, involving 300 global asset management firms, has unveiled a notable shift towards prioritizing product quality and accuracy. Unlike the previous year, a significant majority of asset managers (72%) are now focusing on enhancing their product strategies, which includes improving distribution methods, data management, and outsourcing functionalities.
Japan cracks down on social media scams with enhanced ad screening measures
The Japanese government, led by Prime Minister Fumio Kishida, has resolved to combat the escalating issue of fraudulent advertisements on social media.
Bloomberg launches new CSRD data offering for enhanced ESG reporting
Bloomberg has announced a significant expansion in its service offerings with the launch of a new data product specifically designed for ESG reporting. This innovative...
Avaloq launches OpenWealth standard at LGT, boosting asset manager services
LGT, the international private bank of the Princely House of Liechtenstein, in collaboration with Avaloq and Synpulse8, has introduced the OpenWealth API standard to enhance its business with financial intermediaries.
Australia’s sustainable finance roadmap aims to mobilize private capital for net zero
The Australian government has outlined a key update to its sustainable finance structure with the release of its latest Sustainable Finance Roadmap.
Dual reporting: Mastering electricity emissions with LB and MB methods
Navigating the complexities of new regulations while aligning your company's electricity emissions reporting with the Greenhouse Gas Protocol can be a challenging task. However, a streamlined solution known as dual reporting simplifies this process. By adopting both location-based (LB) and market-based (MB) methods, companies not only comply with the GHG Protocol Standard but also enhance their sustainability profiles.
CompScience unveils SafetyBriefAI app to transform site safety for insurance brokers
CompScience Insurance Services recently unveiled its latest product, the SafetyBriefAI App, designed to enhance job-site safety for insurance brokers.
Addition leads $37m Series B investment in cybersecurity firm PQShield
PQShield, a cyber company that specialises in quantum-resistant cryptographic solutions, has completed a $37m Series B funding round.
Switzerland embraces self-regulation over greenwashing in finance
Switzerland’s Federal Council has made the decision to hold off on imposing regulatory measures on greenwashing within the financial sector.