Tag: financial transparency

Navigating tax compliance: How FinTech innovates CRS and FATCA reporting

In the rapidly evolving global finance sector, the importance of complying with regulatory frameworks like the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA) cannot be overstated.

EU’s AML regulations to transform crypto and high-value transactions

The European Union (EU) has recently made a significant stride in fortifying its defenses against money laundering and terrorist financing. A provisional agreement reached between the EU Council and Parliament introduces a comprehensive anti-money laundering (AML) package aimed at protecting EU citizens and the financial ecosystem.

The impact of EU’s AML regulations on wealthy individuals and luxury...

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.

UK tops global list for shell company risks, new Moody’s Analytics...

The United Kingdom has emerged as the global hotspot for shell company risks, according to the latest interactive research unveiled by Moody’s Analytics.

Navigating the Corporate Transparency Act: A guide to the new US...

The Corporate Transparency Act (CTA) ushered in a significant shift in beneficial ownership reporting requirements starting from January 1, 2024. This change is more than a mere procedural update; it's a critical pivot in the financial regulatory landscape that demands attention and action.

How firms can harness the power of corporate governance

In a recent post by Diligent, the company outlined eight key ways that companies can harness the power of corporate governance. 

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week