Risk Management

Financial institutions play a pivotal role in preventing money laundering. Over the past 18 months, government bodies have frequently highlighted shell companies as significant red flags in anti-money laundering (AML) activities. Consequently, one must ask, is your institution actively identifying shell companies in its transactions? More importantly, can it detect shell companies with tangible sanctions and watchlist links?

De Nederlandsche Bank (DNB) has announced that cryptocurrency exchanges operating in the Netherlands will be supervised by the central bank from January 10 2020.

From implementing European legislation to doing more to unearth suspicious transactions, Malta is trying to wash away its reputation of having a problem with money laundering.

WealthTech and cybersecurity enterprises were among the FinTech businesses that closed investment rounds in the last seven days. Companies operating in the WealthTech, cybersecurity, RegTech,...

Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.

The Financial Conduct Authority (FCA) has published two policy statements that confirm the final rules and guidance to promote better climate-related financial disclosures.

Sigma Ratings, an automated relationship risk management firm, has continued its leadership shakeup with the appointment of Randal Skipper as its chief revenue officer.

Multiverse Computing, a trailblazer in value-based quantum computing solutions, and Moody's Analytics, renowned for its comprehensive risk assessment services, have joined forces. The partnership's cornerstone...

Portfolio risk analytics platform ATA RiskStation LLC has picked up an undisclosed investment from private equity firm Caruth Capital Partners.

The top French insurance watchdog has rejected the EU’s recommendation to up uphold life insurance policies signed in the UK, but where the policy holder has moved to another member state.