Tag: EBA

Financial institutions are under growing pressure to strengthen anti-money laundering (AML) controls while managing rising compliance costs. Artificial intelligence (AI) is widely seen as part...

Banks and financial institutions are increasingly facing scrutiny for blanket de-risking — a practice designed to mitigate exposure to financial crime but which often...

Regulators around the world are sharpening their focus on how RegTech solutions are being developed, marketed and implemented. In recent months, detailed reports and opinions...

The European Banking Authority (EBA) has issued a no-action letter clarifying the application of ESG Pillar 3 disclosure requirements, aiming to address legal and...

The European Banking Authority (EBA) has raised concerns over growing money laundering and terrorist financing (ML/TF) risks across the EU’s financial sector, fuelled by...

Regulatory reporting is one of the most complex challenges financial institutions face today. ALMIS® International has addressed this issue head-on with ALMIS® Regulus, a...

As compliance demands increase and regulations continue to tighten, financial institutions are under pressure to rethink their client lifecycle management processes. The traditional ‘one-size-fits-all’...

The European Banking Authority (EBA) has published a new consultation outlining proposed Regulatory Technical Standards (RTS) to overhaul how anti-money laundering (AML) and counter-terrorism financing (CFT) are supervised across the EU. The proposed changes are intended to create consistency, clarity and stronger oversight across the bloc while informing the work of the new Anti-Money Laundering Authority (AMLA).

Europe’s payments market remains a patchwork of national regulations despite ongoing moves towards harmonisation. For FinTechs and other payment firms, this fragmentation creates major...

The European Banking Authority (EBA) has launched a consultation on draft amendments to its guidelines on the definition of default under the Capital Requirements...