Tag: Regulation

Fenergo's recent webinar, 'KYC, AML, & Onboarding in 2023 – Were Lessons Learned or Do Old Habits Die Hard?', brought together compliance experts to delve into findings from research on over 1100 executives from global banks. This study, encapsulated in the report 'KYC in 2023', reveals a significant 17% rise in the average cost of KYC (Know Your Customer) reviews, accompanied by an 11-day increase in their duration over the past year.

In the ever-changing world of risk management, where the challenges are formidable and constantly evolving, the role of risk executives and their teams is more vital than ever. The cornerstone of this ecosystem, financial crimes compliance, requires not just vigilance but also a forward-thinking approach to innovation.

Europe has achieved a milestone in the world of AI by reaching a provisional deal on the European Union's landmark rules governing AI usage.

When the world went into lockdown in 2020 in a bid to stop the spread of Covid-19, many companies went into a state of...

Much like consumers in Italy and France, investors in the UK have similar risk profile patterns, and everyoneINVESTED believes its risk profiling solution could become the market standard.

Gary Gensler, the US SEC chair, has issued a warning about the implications for thousands of US firms in the absence of domestic climate reporting rules.

The urgency to address carbon emissions and embrace eco-conscious practices underscores the significance of the housing industry. Continental Europe suffers from vast amounts of CO2 emissions which stem from housing, amplifying the need for transformative measures that enhance energy efficiency and curtail greenhouse gases.

The Financial Conduct Authority (FCA) has recently imposed significant fines on three money transfer firms for violating competition law.

In an age where technology is evolving at a breakneck speed, the need for regulations to link with that is becoming ever more important.  

Regulators in the US are set to tighten the screws on banks regarding which communities they serve through online lending.