RegTech

The U.S. Securities and Exchange Commission (SEC) has recently made significant adjustments to its regulatory framework, introducing two pivotal rules, Rules 3a5-4 and 3a44-2, collectively known as the Final Rules.

The importance of robust, clear, and compliant policies and procedures cannot be overstated in the dynamic realm of financial services. These fundamental elements empower firms to align their operations with strategic goals, adhere to regulatory mandates, and cultivate a culture rooted in accountability and transparency.

In the ever-evolving landscape of financial crimes, firms across the globe are grappling with the challenge of safeguarding their operations and reputation. Among the myriad of schemes that threaten the integrity of financial institutions, Business Email Compromise (BEC) stands out for its cunning simplicity and potentially devastating impact.

The world of finance is on the brink of a significant transformation, especially for investment advisors in the United States. On February 15th, 2024, a pivotal announcement was made by the Financial Crimes Enforcement Network (FinCEN) that is set to redefine the landscape of anti-money laundering (AML) and counter-financing of terrorism (CFT) compliance.

Clearstream, a prominent post-trade service provider part of the Deutsche Börse Group, has announced a strategic partnership with Intix, a specialist in data solution management.

In a significant stride towards regulating artificial intelligence (AI), the European Parliament adopted the Artificial Intelligence Act in a bid to ensure safety and compliance.

Sumsub, a global leader in full-cycle verification, has announced a strategic partnership with Chainalysis, the forefront of blockchain data analysis.

Following the close of a £45m capital injection, London-based RegTech Napier AI has its eyes set on helping firms get ready for the future of compliance.

Ripjar, a leading name in the FinTech sector known for its innovative solutions in monitoring and investigating threats, risks, and criminal activity, has announced the launch of its latest product, the Compliance Copilot.

Riskified, a New York Stock Exchange-listed company specialising in ecommerce fraud and risk intelligence, has recently introduced Auth Rate Enhance.