Industry News

FinTech Wales and Future Finance, two prominent entities in the UK's financial sector, have unveiled their collaboration. 

US Republican congressmen have proposed a new legislation, the ESG Act, intended to restrict ESG investing in retirement funds.

Independent reviews are a cornerstone of a strong, risk-based BSA/AML and OFAC compliance programme.

The International Sustainability Standards Board (ISSB) of the IFRS Foundation its new sustainability and climate disclosure standards.

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.

Manx Financial Group has found 40% of SMEs have had to pause or stop aspects of their business due to a lack of financial resources. 

As we move deeper into 2023, AI breakthroughs are dominating the global business landscape. The capabilities of generative systems and large language models have gripped the public's attention, with companies across various sectors investing heavily in these AI-centric technologies. However, the success of these investments heavily relies on the quality of data used to train these systems and the in-house expertise of the organisations implementing them.

UK Chancellor Jeremy Hunt will unlock approximately £50bn from pension funds for investment into high-growth firms.

The European Union (EU) has recently adopted a new and thorough robust data privacy agreement with the United States. 

Effective sustainability reporting is an essential factor for organisations prioritising their environmental impact. To enhance the effectiveness of this process, it's important to thoroughly assess each reporting period. The following steps provide a practical guide to gather crucial insights, identify strengths, and enhance future sustainability reporting practices.