Tag: regulatory compliance

Hawk AI, a front-runner in AI-driven solutions for fraud and anti-money laundering (AML) surveillance, has recently announced the strategic appointment of Robin Lee as General Manager for the Asia-Pacific (APAC) region.

In today's environmentally conscious market, reliable and traceable sustainability data has become a cornerstone for companies aiming to navigate the complex terrain of ESG (Environmental, Social, and Governance) regulations. Moreover, it offers a golden opportunity to distinguish themselves as leaders in sustainability.

A survey conducted by Norton Rose Fulbright across global financial services firms indicates that 76% of respondents are either currently using AI/ML or considering...

Navigating the complexities of the Consumer Financial Protection Bureau's (CFPB) Section 1071 rule is crucial for financial institutions across the United States.

In the rapidly changing landscape of financial services, the balance between regulatory compliance and user experience is more critical than ever. With digital transformations reshaping the industry and regulatory pressures mounting, financial institutions face the daunting task of providing seamless digital experiences without compromising on regulatory standards.

EQ Bank, a leader in digital banking, has forged a strategic partnership with Trulioo, an industry-leading identity verification platform.

S-Kreditpartner, a prominent loan provider specialising in personal and automotive financing, has partnered with Regnology, a software company dedicated to regulatory reporting solutions.

The asset servicing industry is currently navigating through turbulent waters, marked by escalating fee pressures, rapid technological advancements, stringent regulations, and a volatile macroeconomic climate.

The Inland Revenue Authority of Singapore (IRAS) has released the third edition of the Common Reporting Standard (CRS) e-Tax Guide on January 12, 2024. The guide is instrumental for Singaporean Financial Institutions (SGFIs), outlining the nation's adoption of CRS, and providing crucial guidance on compliance obligations under the CRS framework.

On the 6th of February, 2024, the Securities and Exchange Commission’s (SEC) Division of Investment Management unveiled a new Frequently Asked Question (FAQ) aimed at clarifying the obligations surrounding gross and net Internal Rates of Returns (IRR) in the private markets arena. ACA Global, a GRC solution developer, has offered some guidance highlights the SEC's commitment to ensuring transparency and comparability in performance reporting.