Reporting

A recent whitepaper by Celent has provided financial institutions (FIs) with tips on how to bolster their adverse media screening coverage to combat financial crime.

The European Banking Authority (EBA) has issued a consultation on the role, tasks and responsibilities of anti-money laundering and counter-terrorism financing officers.

Ernst & Young LLP to pay $10m to settle a regulatory investigation into allegations that it improperly obtained confidential information in pursuit of a contract to audit a public company’s books.

Digital bank Monzo is being investigated by the Financial Conduct Authority (FCA) over potential breaches of financial crime regulations.

The Securities and Exchange Commission (SEC) settled charges with 21 investment advisors and six brokers, claiming the firms had failed to “timely file and deliver” their Form Customer Relationship Summaries (CRS) to investors.

Financial crime prevention costs UK financial institutions an average of £374k every year, according to new research from global legal company, DWF.

A review by the Financial Conduct Authority (FCA) on the practices of debt packager companies has led to six firms stopping providing regulated debt advice.

A survey conducted by IHS Markit and Pirum has found over 70% of regulatory respondents plan to consolidate their diverse reporting processes under a single platform.

A survey conducted by regulatory technology business Clausematch has found the RegTech industry has witnessed accelerated growth during the coronavirus pandemic.

Founded in 2018, the Australian firm Cognitive View analyses customer communication data to identify conduct-related risk. The company – led by CEO Dilip Mohapatra – have had a busy last year, despite the challenges brought about by the pandemic. So what is next for the company?