EU regulatory updates to strengthen liquidity management in investment funds
The European Securities and Markets Authority (ESMA), a pivotal regulator and supervisor within the EU, has launched a public consultation on draft guidelines and technical standards pertaining to the revised Alternative Investment Fund Managers Directive (AIFMD) and the Undertakings for Collective Investment in Transferable Securities (UCITS) Directive.
EBA issues new guidelines to enforce travel rule
The European Banking Authority (EBA) today announced the introduction of new Guidelines concerning the 'travel rule' for fund and crypto asset transfers.
HCLTech unveils AI-driven solutions for real-time event intelligence in IT
HCLTech, through its DRYiCE solution, has launched its latest product, IntelliOps Event Management (HCL IEM), which promises to revolutionize IT operations with its AI-powered...
Norm Ai secures $27m Series A to revolutionise RegTech with AI
Norm Ai, an emerging leader in the RegTech arena, has successfully completed a significant Series A fundraising initiative, amassing $27m.
How the UAE’s exit from the FATF grey list boosts international business
The United Arab Emirates (UAE) has made significant strides in its anti-money laundering (AML) and combating the financing of terrorism (CFT) frameworks.
Treasury Prime & FS Vector Partner
Treasury Prime, a leading embedded banking software company, and FS Vector, a regulatory advisory firm, have announced a strategic partnership.
Qkvin Tackles Financial Crime
FinTech Global recently spoke to RegTech firm Qkvin to explore what the five major challenges financial institutions face with financial crime and how Qkvin can resolve them.
Custodia Enhances Data Security
The imperative nature of data security and regulatory compliance in regulated industries cannot be overstated. For organisations handling sensitive information, the pursuit of robust security measures and compliance with stringent standards is non-negotiable.
PIMFA Advocates SDR Rules Delay
The trade association for wealth management, investment services, and financial advice, PIMFA, has urged the Financial Conduct Authority (FCA) to postpone the introduction of Sustainability Disclosure Requirements (SDR) for portfolio management by a year.
Ohalo Expands with £2.8M Investment
Ohalo, a London-based company specialising in unstructured data intelligence, has announced a new injection of £2.8m in growth capital from YFM Equity Partners.