Compliance Management

The Securities Commission Malaysia (SC) has issued a caution to investors against backing unauthorised initial coin offerings (ICO) and digital asset exchanges (DAX).

The Reserve Bank of India (RBI) has implemented fines to four banks for non-compliance with KYC, AML, and account opening standards.

The French data privacy regulator Commission nationale de l’informatique et des libertés (CNIL) has reportedly fined real estate marketplace website Sergic for GDPR failures.

The UK’s Financial Conduct Authority (FCA) is proposing new rules to address harm to retail customers over the sale of derivatives and exchange traded notes (ETNs) through cryptoassets.

Ocrolus, which automatically analyses financial documents, has bagged $24m in its Series B, supporting its expansion into new verticals.

The European Securities and Markets Authority (ESMA) has released the updated results of the annual transparency calculations for equity and equity-like instruments.

TypingDNA has partnered with cybersecurity startup XTN Security to help banks better defend themselves from fraud threats.

The European Banking Authority (EBA) has published an opinion on PSD2’s strong customer authentication (SCA), due to continued queries from market actors.

Konsentus, an identity and regulatory checking service provider, will support Moneyou with its PSD2 open banking offerings through a new partnership.

Great Hill Partners-backed secure audit services provider Confirmation has been bought by Thomson Reuters.