Tag: Financial Regulations

Neobanks and AML compliance: Building robust programs in the digital age

Neobanks have reshaped the banking landscape, boasting a customer base jump from 7.7m in 2018 to nearly 20m by the end of 2019 in the UK alone.

Leveraging compliance for competitive advantage in finance

In today's rapidly evolving financial environment, mere regulatory adherence is insufficient for firms aiming to lead the market.

How recent fines shape future communication strategies in FinTech

The SEC and the CFTC have recently imposed fines totalling $477.75m on 26 broker-dealers and investment advisers for failing to comply with electronic communication...

How AI is revolutionising RegTech and compliance automation

Navigating the ever-changing landscape of financial regulations is challenging. Traditional methods of regulatory change management are often manual, slow, and resource-intensive, struggling to keep...

Ensuring investor protection: Understanding FINRA’s KYC and suitability rules

In the financial regulatory landscape, understanding and adhering to FINRA's Rule 2090, commonly known as the KYC rule, is crucial for brokerage firms.

How the 50 percent rule impacts international business compliance

The US, UK, and EU each implement a "50 percent rule" within their sanctions frameworks, crucial for monitoring international financial activities.

Exploring Australia’s AML reforms: Napier AI’s take on simplifying compliance

The Australian Government recently unveiled a consultation aimed at overhauling its AML and CTF strategies.

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.

Navigating the complexities of EMIR REFIT reporting: A cost-benefit analysis

In the ever-evolving landscape of financial regulations, staying compliant is more critical than ever. The European Market Infrastructure Regulation (EMIR) and its forthcoming amendments,...

Navigating investment risks: How digital profiling enhances awareness in the UK...

In a recent groundbreaking market research conducted in the UK by everyoneINVESTED, a significant revelation was made regarding investors' awareness of investment risks. The study, which delved deep into the intricacies of investment risk, found that individuals with prior investment experience, particularly those who had been profiled, demonstrated a heightened awareness and understanding of the risks associated with their investment choices.

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