Tag: MyComplianceOffice

In the intricate world of regulatory compliance within FinTech, the three-step standard ‘Know Your Risk’ (KYR) strategy has emerged as a beacon of simplification and clarity.

Legislation concerning the Financial Accountability Regime (FAR) has received the nod of approval from both Houses of the Australian Parliament. This milestone move in 2023 lays the groundwork for a stringent accountability structure, targeting directors and top-tier executives of financial institutions across banking, insurance, and superannuation sectors.

The contemporary regulatory environment has ushered in an era where the financial penalties and reputational damage of regulatory fines are intolerable for firms. The 2023 Starling Compendium emphasises that firms must instate processes to deter misconduct before it even occurs.

MCO (MyComplianceOffice), a global conduct risk and compliance provider, has launched its new governance and oversight tool, Know Your Risk (KYR).

Conduct risk and compliance risk technology developer MCO (MyComplianceOffice) has acquired Schwab Compliance Technologies to support its expansion effort within in the RegTech space.

As investment into RegTech skyrockets in 2021, RegTech Analyst has named the 100 must know companies in the sector as we head into 2022.