Publishing assessment of value statements is bound to become a headache for asset management...
UK authorities are enforcing stricter reporting rules for the asset management industry. But navigating the regulations can be tricky.
IDStrong offers free identity theft threat level scans amidst the coronavirus crisis
As the threat of identity theft is on the rise, IDStrong is hoping to give people a certain ease of mind.
Sigma Ratings closes new round led by Fitch Ventures
Risk intelligence platform Sigma Ratings has closed a new round led by Fitch Group, a global leader in financial information services, via its equity investment arm Fitch Ventures.
27.7 million adults in the UK financially vulnerable after Covid-19 – FCA reports
The UK’s top financial markets watchdog has found that 27.7 million people in the country have been left in a financially vulnerable state in the coronavirus aftermath.
MAS penalises Singaporean bank branch S$1m for fraud, terrorism failures
The Monetary Authority of Singapore (MAS) has imposed a penalty of S$1m on a Singapore-based bank branch for not complying with its anti-money laundering and terrorism financing acts.
DarkSide ransomware behind Colonial Pipeline incident, FBI claims
The FBI has declared that the cybercriminal behind the recent Colonial Pipeline was a ransomware variant known as DarkSide.
FCA warns cryptocurrency companies are failing to meet UK AML requirements
The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.
Klarna under fire by Swedish watchdog for bank secrecy breach
Sweden's financial watchdog Finansinspektionen is investigating payments firm Klarna over a potential breach of banking secrecy laws in connection with an IT incident at the firm in May.
UK financial institutions spend an average of £374k annually on preventing financial crime, study...
Financial crime prevention costs UK financial institutions an average of £374k every year, according to new research from global legal company, DWF.
Vouched reels in $4.5m funding to advance identity verification platform
US identity verification company Vouched has secured $4.5m in capital from a highly subscribed funding round.