ECB calls on banks to improve climate risk disclosures
A recent assessment by the European Central Bank (ECB) on the progress European banks are making in disclosure climate risks has revealed a lot more is yet to be done on this front.
UK Treasury Committee calls for government action on fraud and scam surge
A new report by the UK’s Treasury Select Committee has called on the government to work harder to tackle the ‘growing fraud epidemic’ in the UK.
ESMA issues consultation on MIFID II suitability guidelines
The European Securities and Markets Authority (ESMA) has issued a consultation on aspects of suitability requirements under the Markets in Financial Instruments Directive (MiFID II).
The trends impacting compliance technology in 2022
A recent eBook by RegTech firm Clausematch has outlined what it believes will be the top ten trends impacting compliance technology this year.
Are regulators struggling to keep pace with FinTech innovation?
A recent blogpost by OneSpan has scrutinised whether regulations in FinTech have been able to keep up with the ongoing and fast-paced innovation in the sector.
EBA issues draft implementing technical standards on ESG risks
The European Banking Authority (EBA) has published its final draft implementing technical standards on Pillar 3 disclosures for ESG risks.
Tax platform April bags $10m seed capital
US-based tech-powered tax platform April Tax Solutions has raised $10m from a seed funding round and has officially launched operations.
Why FinTechs need to be aware of the Green Claims Code
As the shift to become more environmentally conscious and sustainable takes hold at every level of society, businesses globally are realising the importance of making a more firm and honest approach to making their organisations more sustainable.
Metro Bank fined £5.3m by PRA for reporting failure
The Prudential Regulation Authority (PRA) has issued a £5.3m fine to Metro Bank for failings with its regulatory reporting.
The ongoing rise of RegTech
A recent blogpost by PassFort has summarised what is driving the increased adoption of RegTech solutions and what trends the industry may see in 2022.