Compliance

Commercial businesses are encouraged to make better climate-related financial disclosures through guidance from the Financial Conduct Authority (FCA).

Barclays has been slammed with a £26m fine after a City watchdog found that it treated consumer credit customers who experienced financial difficulties poorly.

Intelligent process automation company Indico has secured $22m in its Series B as it looks to broaden its footprint in industry.

The UK will introduce a new regulator to supervise investment firms in 2022 and the top City watchdog now wants to hear from market stakeholders.

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.

Collaboration security and compliance technology company Theta Lake has added an award-winning cybersecurity executive to its board of directors and two security industry leaders to its roster of advisors.

The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.

Kamma, a RegTech platform for property licensing, has reportedly netted £1.6m in its funding round.

As an experienced compliance professional, Darren Cade knows how rigid structures and processes can help prevent financial crime and keep organisations compliant.

Credit scoring startup Nordigen has launched a new open banking API to solve the issue of expensive solutions in the market, taking a swing at companies like Tink and Plaid in the process.