Tag: compliance costs
How to manage rising ESG reporting costs under the CSRD framework
The introduction of the CSRD presents escalating assurance costs and stringent compliance timelines that pose significant planning and budget challenges for companies.
New Napier AI report highlights $3.13trn potential savings with AI in...
Napier AI, a pioneering RegTech firm, has launched its inaugural AI / AML Index, revealing that artificial intelligence could enable global economies to save $3.13trn annually by enhancing the detection and prevention of money laundering and terrorist financing.
Texas Stock Exchange secures $120m funding to challenge NYSE and Nasdaq
A new stock exchange, Texas Stock Exchange (TXSE) is set to challenge the New York Stock Exchange (NYSE) and Nasdaq.
Navigating KYC and AML in 2023: Trends and challenges in the...
2023 has brought forward unique challenges and trends in the KYC (Know Your Customer) and AML (Anti-Money Laundering) landscape, as revealed in a survey...
BIS Innovation Hub uses AI and data analytics for efficient money...
The BIS Innovation Hub has found that a number of key tech developments have proven to be superior for detecting money laundering networks.
90% of financial services see rising compliance costs – SteelEye survey...
Nine in ten financial services firms have reported an increased compliance cost over the past five years, with 10% saying costs have doubled, according to research from RegTech firm SteelEye.
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