Tag: Risk management

The latest news stories, insights, data and expert analysis on all things RegTech from FinTech Global, the world’s leading provider of FinTech information services and B2B media products.

Rising regulatory challenges propel the necessity for robust entity verification

In today's intricate business environment, understanding the entities with which companies conduct business is becoming increasingly vital.

Mastering the underwriting process: How to avoid common pitfalls

In the high-pressure world of insurance underwriting, falling into autopilot is an easy yet dangerous trap. This risk is heightened when underwriters face a continuous stream of similar accounts, leading to quick decision-making that might overlook critical details.

Beyond spreadsheets: The impact of automation in financial analytics

As the financial sector continues its rapid transformation, the integration of sophisticated automation in financial analytics is increasingly paramount. A Forbes study indicates that up to 25% of routine, information-based tasks in financial services could be automated by AI.

The critical role of PEP compliance in financial institutions

Politically Exposed Persons, or PEPs, are those who occupy prominent positions in public offices, potentially including roles in government bodies, international organisations, or significant corporate entities.

How the ECCTA is reshaping costs for UK financial institutions

In October 2023, the UK implemented the Economic Crime and Corporate Transparency Act (ECCTA), setting stringent identity verification (IDV) mandates for shareholders, directors, and persons of significant control (PSCs). This legislation, crafted to enhance the integrity of company data at Companies House, represents a significant pivot towards more rigorous corporate governance.

Singapore’s derivatives market overhaul: Understanding the MAS rewrite

In a significant move set for October 2024, the MAS will implement changes to the over-the-counter (OTC) derivatives reporting requirements.

The essential guide to building a robust cybersecurity oversight program

In the rapidly evolving digital landscape, traditional methods of portfolio oversight are increasingly inadequate against the mounting cyber threats. Recognising this shift, a strategic, programmatic approach to cybersecurity has become crucial for safeguarding investments and enhancing company valuations.

How the UAE’s exit from the FATF grey list boosts international...

The United Arab Emirates (UAE) has made significant strides in its anti-money laundering (AML) and combating the financing of terrorism (CFT) frameworks.

Trustfull introduces Silent Onboarding to combat synthetic identity fraud

Trustfull, a digital risk intelligence firm, has unveiled Silent Onboarding, which aims to bolster defences against the increasing incidents of synthetic identity fraud.

FinCEN’s latest AML requirements: Impact and strategies for RIAs and ERAs

Compliance officers in the asset management sector are pivotal, often having to juggle multiple responsibilities.

Download the free AIFinTech100 report


Download the AIFinTech100 report for 2024 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week