Compliance

With the future regarding UK corporate governance and audit reform seemingly as murky as ever, businesses are being forced to prepare compliance measures, for potential legislature reform that they don't know will be indefinitely implemented. Diligent tries to unpick the jargon, and shed some light onto parliamentary proceedings. 

Payhawk has partnered with Lune to launch a new platform, designed to help companies make more sustainable decisions related to company spending.

Global FinTech platform Ayden has revealed that its UK branch has been granted authorisation as a UK bank.

Custodia, a preeminent provider of regulated digital data services, has announced the launch of its CC1 Messaging service. This pioneering off-channel communications compliance tool is designed to capture and archive conversations from employees' personal devices on prominent platforms such as WhatsApp, MS Teams, and SMS.

myZoi has raised $14m and obtained two regulatory licenses from the Central Bank of the UAE, as it looks to bolster financial inclusion across the UAE.

Complii Fintech Solutions has completed its acquisition of compliance consulting business MIntegrity, as it seeks to bolster its regulatory offering.

China has reportedly given regulatory approval for some tech companies to release their artificial intelligence (AI) chatbots to the public.

With the ever-emerging organizational risks, boards are constantly on the lookout for ways to mitigate threats. These include areas like ESG, cyber resilience, human capital management, and even the personal liability of directors.

The contemporary regulatory environment has ushered in an era where the financial penalties and reputational damage of regulatory fines are intolerable for firms. The 2023 Starling Compendium emphasises that firms must instate processes to deter misconduct before it even occurs.

The forthcoming Markets in Crypto-Assets Regulation (MiCA) aims to standardise the regulatory landscape for crypto-assets within the European Union (EU). This is particularly significant...