Tag: Tier 1 banks

New research has put a striking figure on the cost of inefficient compliance operations: Tier 1 banks could save up to $177.9m per year...

For many financial institutions, a close look at their regulatory obligations register reveals an uncomfortable picture: duplicate entries, outdated language, obligations assigned to teams...

Knowing a regulation has changed and being equipped to act on it are two fundamentally different problems — and for most compliance functions, the...

Regulatory change is accelerating at a pace that is leaving many financial services firms struggling to keep up. New rules land daily, guidance documents...

When a suspicious transaction triggers an alert inside a major financial institution, an analyst’s first task is usually to collect data rather than assess...

Eventus, a prominent figure in the trade surveillance software sector, today revealed a significant expansion worldwide in 2023, coupled with a promising outlook for 2024. The company is steering the industry with its client-focused solutions and adaptable technology through its Validus trade surveillance platform.

Firms facing transaction reporting obligations often find themselves navigating multiple regulatory regimes such as MiFID II, EMIR, Dodd Frank, and ASIC. Despite awareness of their duties, many aren't doing enough to meet the stringent regulatory standards.