Clausematch, The Connector partner to expand reach of compliance offering
Clausematch has signed an agreement with The Connector, a tech firm that claims it has an unconventional approach to assisting firms looking to scale up its client base.
Dutch crackdown on cross-border ATM bombing spree in Germany
Dutch authorities have begun an operation against an organised crime network responsible for numerous ATM explosions in Germany.
FCA commits to quicker enforcement to boost deterrence and transparency
The Financial Conduct Authority (FCA) has recently announced a commitment to expedite its enforcement procedures.
SFC unveils consultation on visual asset trading platform regulation
The Securities and Futures Commission (SFC) of Hong Kong has launched a consultation on the proposed requirements for operators of virtual asset trading platforms.
Rising tide of fraud: UK losses surge to £593m in Q2 2023
In Q2 of 2023, the UK saw a rise in fraudulent activity with a loss of £593m, pushing the total stolen cash in the past year to almost £3.5bn.
EU commission unveils FAQ to ease CSRD compliance for companies
The EC has released a comprehensive set of FAQs aimed at aiding companies and auditors in implementing the stringent sustainability reporting demands set by...
Unlocking the power of KYC Portal CLM in modern due diligence
In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Leading sustainability expert Kathy Ryan appointed by M&G
M&G, an international saving and investment enterprise, has welcomed Kathy Ryan into its fold as the new Chief Sustainability Officer.
Remittance company Servicio UniTeller hit with $700k fine
The Consumer Financial Protection Bureau (CFPB) has ordered international remittance company Servicio UniTeller to pay a $700,000 penalty.
AML in the digital age: Key practices for financial services and beyond
In the rapidly evolving landscape of financial compliance, Anti-Money Laundering (AML) checks stand as a critical component within the Customer Due Diligence (CDD) framework.