Tag: regulatory compliance

Politically Exposed Person (PEP) screening is the process compliance teams use to determine whether a customer, counterparty or beneficial owner holds a public position...

Compliance and legal teams are grappling with a communications landscape that has outgrown the archiving tools built to govern it, prompting a shift towards...

Artificial intelligence is no longer limited to automating simple, repetitive compliance and risk tasks. Across financial services, firms are increasingly using AI to conduct...

IRS tax forms are under constant revision, and RegTech provider Comply Exchange warns that keeping pace with the changes is becoming a growing challenge...

The FCA's move to simplify transaction reporting could create a different challenge for firms, with FinregE warning that fewer reporting fields could expose weaknesses...

Risk, finance and regulatory reporting have traditionally operated as separate functions across financial institutions. While this structure has allowed teams to develop specialised processes,...

Key views on AI productivity impact by function across FIs and FinTechs: The Cambridge Centre for Alternative Finance surveyed 203 FinTechs and 149 traditional...

Financial services firms can invest in sophisticated risk technology, but those systems will have limited impact if organisations continue to view risk primarily as...

Financial crime risk assessments only work when governance holds everything together. These assessments pull input from business units, risk and compliance teams, technology functions,...

Key views on AI use case adoption across traditional FIs and FinTechs: The Cambridge Centre for Alternative Finance surveyed 203 FinTechs and 149 traditional...