Compliance Management

AI-powered compliance company Ascent has deployed its technology to an unnamed New York-based broker-dealer firm to improve their compliance processes.

UBS Wealth Management USA has agreed to pay a $8m fine to the Securities and Exchange Commission (SEC) over its failure to properly supervise brokers who sold complex exchange-traded products without understanding the risks.

With the cryptocurrency industry experiencing a huge rise in popularity over the last couple of years, many in the industry are now viewing crypto on par with other established industries.

The RegTech industry is growing massively, but there are still challenges to tackle head-on to keep expanding.

Communication tools have saved the day for businesses after the Covid-19-induced global lockdown. Therefore, organisations must fully understand the regulatory guidance on security and privacy so they can continue to implement and expand their use of tools such as Zoom and MS Teams.

The European Securities and Markets Authority (ESMA) has fined trade repository Regis-TR $186,000 due to eight breaches of the European Market Infrastructure Regulation.

German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.

As we say goodbye to 2020, it is time to look ahead to what 2021 will bring for the world of compliance and RegTech.

From SME finance and RegTech solutions to payments and impact retail investment, the 23 startups selected to take part of the second instalment of...

Blockpit, which offers tax reporting and portfolio tracking services for cryptocurrency, has scored $10m in its Series A.