Tag: Regulation

It is now rare for a week to pass without at least one regulator issuing new guidance or updates related to environmental, social, and governance (ESG).

On July 31 last year, the long-awaited Consumer Duty legislation came into effect in the UK, following months of preparation and industry attention.

The ECB has initiated a public consultation on its new Guide concerning the outsourcing of cloud services to cloud service providers.

Key European PayTech stats in Q1 2024: • European PayTech deal activity totalled at 27 deals in Q1 2024, a 55% drop from Q1 2023 •...

Key Latin American FinTech investment stats in Q1 2024 • Latin American FinTech deal activity reached 46 transactions in Q1 2024, 48% reduction YoY • Latin...

Key European ESG FinTech investment stats in Q1 2024: • European ESG FinTech deal activity reached 14 transactions in Q1 2024, a 16% increase from...

Key European PayTech stats in Q1 2024: • European PayTech deal activity totalled at 27 deals in Q1 2024, a 55% drop from Q1 2023 •...

Key Singaporean FinTech seed investment stats in 2023: • Singaporean FinTech seed funding totalled at $191m in 2023, a 49% drop from 2022 • Singaporean FinTech...

The importance of robust, clear, and compliant policies and procedures cannot be overstated in the dynamic realm of financial services. These fundamental elements empower firms to align their operations with strategic goals, adhere to regulatory mandates, and cultivate a culture rooted in accountability and transparency.

A recent study from Theta Lake, a pioneer in digital communications governance, found that 69% of IT and compliance professionals expect the use of unified communication and collaboration (UCC) tools to increase in 2024. With firms using an average of 4.6 communication and collaboration tools, it is evident that UCC tools have become an embedded and essential part of modern business, but firms must ensure they are compliantly getting the full value of these tools.