Tag: EU

European automated compliance platform Naq, has successfully secured a significant €3m (£2.6m) investment, marking a pivotal step in the advancement of healthcare and medical compliance across the UK and the EU.

Big changes are sweeping through Europe's financial landscape, thanks to the introduction of stringent Anti-Money Laundering (AML) laws. These new regulations are particularly significant for high net worth individuals (HNWIs) and businesses in the luxury sector. The mandate? Heightened vigilance and transparency in financial dealings, aiming to curtail the misuse of funds.

In 2023, the global regulatory landscape unveiled a startling revelation as fines imposed by authorities exceeded a colossal $10.5bn. This figure not only reflects the stringent enforcement actions but also spotlights the emerging areas of regulatory scrutiny.

The EU made a significant move towards regulating artificial intelligence (AI) by tentatively agreeing on the terms of the AI Act.

The introduction of the Unique Product Identifier (UPI) under the European Union’s EMIR REFIT marks a significant shift in over-the-counter (OTC) derivatives reporting. This...

The EU is taking steps towards enhancing investor confidence in sustainable products with a new set of rules aimed at bolstering the reliability of ESG ratings.

The ECB and the European Systemic Risk Board (ESRB) have released a report on the impact of climate on the EU's financial system.

The European Parliament and Council have reached an agreement on the establishment of an Anti-Money Laundering Authority (AMLA).

The EFRAG and the GRI, a leading international organisation in sustainability reporting, have recently fortified their partnership.

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...