Tag: regulatory compliance 2023

Muinmos, a vanguard in the RegTech sector, recently announced the promotion of Jesus Sanchez to Chief Product Officer.

Firms facing transaction reporting obligations often find themselves navigating multiple regulatory regimes such as MiFID II, EMIR, Dodd Frank, and ASIC. Despite awareness of their duties, many aren't doing enough to meet the stringent regulatory standards.

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.

GRC (Governance, Risk, and Compliance) and cybersecurity symbiotically support and reinforce each other in safeguarding an organisation’s digital and regulatory landscapes. Integrating cybersecurity into GRC programmes enables businesses to address risk holistically, encompassing both policy and digital perspectives.

Custodia, a preeminent provider of regulated digital data services, has announced the launch of its CC1 Messaging service. This pioneering off-channel communications compliance tool is designed to capture and archive conversations from employees' personal devices on prominent platforms such as WhatsApp, MS Teams, and SMS.

Comprehending and deconstructing compliance obligations is the initial phase of a systematic Know Your Obligations (KYO) strategy. The primary goal here is to identify the main areas where attention should be centred. To put it simply, the central question becomes: What should we be monitoring?

AI and ML models have become an essential part of the FinTech sector, predicting outcomes and making decisions, especially in fraud.

Clausematch has announced its strategic partnership with Compliance Consultant, a leading expert in FCA compliance and authorisation.

If a firm is looking to hold a competitive edge, it is vital they oversee a successful client onboarding programme.