Clausematch eyes bolstered compliance offering with new program launch
RegTech firm Clausematch has launched a Partnerships and Certification program for financial institutions and regulators.
OECD offers policy recommendations for AI regulation in financial services
The Organisation for Economic Co-operation and Development (OECD) has published a new report offering policy advice on the regulation of AI in financial services.
Compliance firm PolicyCo bags $1.5m in seed funding
RegTech firm PolicyCo has raised $1.5m in a seed funding round led by venture capital and management firm Powered Health.
Over three-quarters of retailers have seen fraud increase during the pandemic
A survey by fraud prevention solutions provider Riskified has found 82% of retailers believe they have seen a climb in fraud attempts since the start of the Covid-19 pandemic.
Are changing regulations a threat for WealthTech firms?
Wealth management institutions have been dealing with greater complexity in areas of compliance and regulation. As the number of jurisdictions increases, so does potential liability and, as a result, global companies must embrace digitalisation to stay clear of legal hot waters.
Why video communication tools may pose security and compliance risks for firms
A blogpost by RegTech firm Cognitive View has detailed the security and compliance risks that come with using video communication tools while working remotely.
Korean FSC to create virtual asset division in its financial intelligence unit
South Korea’s Financial Services Commission (FSC) has revealed it is set to establish a virtual asset division within the Korea Financial Intelligence Unit (KoFIU).
Fenergo acquired by European private equity firms in $600m deal
Irish RegTech firm Fenergo has been successfully acquired by private equity firms Astrong and Bridgepoint in a $600m agreement.
CBIRC demands insurance company self-checks in management crackdown
The China Banking and Insurance Regulatory Commission (CBIRC) has called on online insurance firms to conduct self-assessments to identify violations and make corrections.
SEBI looks to ease regulatory compliance burden with debt securities merger
The Securities and Exchange Board of India (SEBI) has merged its rules for debt securities into a single regulation to ease the regulatory compliance burden on organisations.
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