Tag: Financial Conduct Authority

Key European InsurTech investment stats in 2023: • European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year •...

Key UK FinTech seed deals investment stats in 2023 · UK FinTech seed deal activity reached 287 deals in 2023, a 34% drop from 2022 ·...

As we delve into the initial months of 2024, the wealth management sector stands at the cusp of transformation, propelled by technological advancements and a challenging economic landscape.

In the face of a burgeoning global fraud epidemic, the financial world is grappling with an ever-escalating threat that undermines the very fabric of our economies and societies.

Key European InsurTech investment stats in 2023: • European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year •...

In the ever-evolving landscape of financial services, maintaining regulatory compliance is not just a legal requirement but a strategic advantage. As financial institutions navigate...

The UK is gearing up to introduce the Sustainability Disclosure Requirements (SDR) in 2024, marking a significant shift in the Environmental, Social, and Governance (ESG) regulatory landscape. This pioneering legislation is set to standardise how asset owners and managers communicate and market their sustainable investment products. Through a mix of anti-greenwashing rules, investment labelling, and disclosures, the SDR aims to assist investors in making informed choices about sustainable finance products and investments.

Key European InsurTech seed investment stats in 2023: • European InsurTech seed companies raised a combined $87m in 2023, a 52% drop from 2022 • European...

Mondu, the burgeoning B2B payments company, has successfully secured an additional €30m in debt financing from the German financial institution, Vereinigte Volksbank Raiffeisenbank (VVRB). This new injection of funds raises Mondu's total financing to €50m, following an initial €20m loan obtained from VVRB in late 2022.

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.