Tag: Regulation

The Prudential Regulation Authority (PRA) has imposed a fine on MS Amlin Underwriting for failing to comply with regulatory obligations. 

Over a third (38%) of firms have limited knowledge of the FCA’s new Consumer Duty, with many turning to technology and data to solve their woes.

Automated regulatory intelligence (ARI) platform CUBE has received an investment from strategic growth investment firm Bregal Milestone.

The EU’s executive arm has called for new legislation that would require manufactures to ensure internet-connected devices meet cyber standards, according to Security Week.

The US Federal Reserve Board has issued the final guidelines that establish a transparent, risk-based and consistent set of factors for Reserve Banks to use when reviewing requests to access Federal Reserve accounts and payment services.

Fortress Blockchain Technologies has closed its seed round on $22.5m, which was led by Ayon Capital.

Theta Lake, a communication compliance and security solution developer, has teamed up with fellow communication security solution Movius to help companies improve compliance with collaboration tools.

The crypto industry has been on a white-knuckle rollercoaster over the last few years. Establishing a market presence back in 2013, the price of Bitcoin rose from just over $10,000 in 2017 to over $61,000 in October 2021. However, the market is now undergoing a crash. Was a failure to regulation to blame?

Hong Kong’s Securities and Futures Commission has said that some NFTs that constitute investment products will have to be regulated.   

Prior to the UK leaving the EU at the beginning of 2021, the UK had mostly regulatory alignment with the Union. Since Brexit, the divisions have emerged. How has this impacted AML regulatory alignment?