Tag: Saifr

As 2024 draws to a close, the financial services sector is gearing up for a dynamic compliance landscape in the coming year. With regulatory...

In late 2022, the SEC implemented Rule 206(4), marking a significant change in compliance requirements for Investment Advisers (IAs).

In the complex world of financial services, the role of organizations extends beyond mere transactions like saving, investing, or facilitating payments.

The next significant development in artificial intelligence (AI), referred to as "agentic AI," represents a crucial evolutionary step for technology within the finance sector...

The Artificial Intelligence Act officially came into force on 1 August 2024. The Act, one of the first of its kind, establishes a common regulatory and legal framework for AI within the European Union. How will it impact the financial sector?

Every 48 hours, the digital world produces an astounding five quintillion bytes of data, according to McKinsey & Company.

Money laundering remains a major global issue, affecting financial stability and security across the world.

The challenge of financial crime and its wider societal effects are immense. Estimates suggest that money laundering accounts for 2-5% of the global GDP.

In the financial services world, the role of risk and compliance teams is crucial. Tasked with balancing marketing creativity and regulatory necessity, these teams are often seen as the final checkpoint before marketing materials can reach the market.

Time-tested, established methods form the backbone of effective compliance programmes, according to AI RegTech Saifr.