Tag: regulatory compliance

Navigating the complexities of regulatory compliance is a fundamental aspect of business management, crucial for avoiding fines.

Sanctions screening is an integral aspect of AML practices, ensuring organisations do not inadvertently engage with entities or individuals subject to international or national sanctions, thereby avoiding facilitating unlawful activities.

The UK Home Office has issued guidance pertaining to the newly introduced offence of failure to prevent fraud by the Economic Crime and Corporate Transparency Act 2023, set to be enforced in nine months.

Key European WealthTech investment stats in Q3 2024: European funding dropped by 91% YoY as investors grow cautious UK increased its hold on the...

The global fund management industry is undergoing a transformative period as it faces increasing pressures to improve operational efficiency and deliver more transparent, accountable services.

Recordkeeping violations continue to rise, with fines now surpassing $4bn since 2021 due to employees' use of unauthorised communication channels. Regulatory bodies have underscored that merely having off-channel policies is insufficient.

As artificial intelligence (AI) continues to advance, its role in financial crime prevention is growing, with organisations now considering AI as a foundational element in their risk management strategies.

Kaizen has successfully completed its first external funding round, securing a £42m investment from Guidepost Growth Equity. This marks a significant milestone for the...

Key Global RegTech investment stats in Q3 2024: Global RegTech funding halved in Q3 QoQ UK leaps to the top of the pack as...

Singapore’s new national anti-money laundering (AML) strategy introduces a comprehensive framework structured around three core pillars: Prevent, Detect, and Enforce, which collectively aim to enhance the financial sector's ability to combat illicit money flows.