Tag: Regulatory Technology

In the dynamic world of finance, client onboarding challenges abound, driven by the need to balance enhanced customer experiences against stringent compliance requirements.

The Bank for International Settlements (BIS) and the MAS have recently collaborated on an innovative initiative.

The Common Reporting Standard (CRS) has significantly impacted financial institutions (FIs) globally, aiming to enhance tax transparency and cooperation among jurisdictions. Taiwan's Ministry of Finance, in a report issued in May 2024, highlighted several ongoing deficiencies in Taiwanese financial institutions' adherence to these requirements.

As 2024 progresses, regulators worldwide find themselves increasingly busy, grappling with the dual challenges of an ever-changing geopolitical landscape and the rapid evolution of technology.

Fenergo, the leading provider of digital solutions for KYC, CLM and transaction monitoring, has launched AI Powered CLM.

Culture, geography, politics, and media reporting all create challenges for name matching in a KYC or due diligence process, even when software is used...

On 23 April 2024, the Organization for Economic Co-operation and Development (OECD) published a pivotal update, listing jurisdictions newly committed to the Automatic Exchange of Information (AEoI) and CRS Reporting. Taina Tech, which offers a fully automated FARCA and CRS validation platform, has recently commented on what these changes mean. 

Novibet, a global leader in online betting, has announced a new partnership with FullCircl’s identity solutions platform, W2, to enhance its digital compliance capabilities.

Antler, a prominent zero-day investor, recently announced a substantial investment totalling more than £1m in nine promising British tech startups.

Dot Compliance, a pioneering RegTech company, announced today that it has raised $17.5m in a Series B extension funding round.