Albany Group's RegTech Hot Shop Announces Partnership with Sapiens to Simplify Regulatory Compliance
- 3 years 7 months ago
- RegTech, Compliance
London-based automated risk, compliance and regulation software specialists, Albany Group has signed a partnership agreement with Sapiens, a leading global provider of software solutions for the insurance industry to provide an end to end regulatory & compliance solution integrated with Sapiens global P&C Policy Administration Platform.
UK Compliance Professionals are Bracing for an Increase in AML Legislation, as a result of Brexit
- 3 years 7 months ago
- Compliance, AML and KYC, Data, Risk Management
Nearly four fifths (78%) of UK compliance professionals predict more anti-money laundering (AML) regulation is on the way as a direct result of leaving the EU UK firms overwhelmingly support opting out of 6MLD, but are taking it as a sign the UK plans to diverge and create its own AML regulatory framework
Majority of Firms in Breach of Transaction Reporting Requirements
- 3 years 7 months ago
- Transaction Banking, Compliance
Data from a Freedom of Information Request to the FCA has revealed that firms are either transaction reporting incorrectly or not adhering to the MiFIR requirement to monitor their reporting using submission data made available to them by the FCA.
Britain’s Binance Ban Illustrates that Even the Largest Exchanges Face AML Inadequacies
- 3 years 7 months ago
- Trading Systems, AML and KYC, Financial
This weekend, Britain’s Financial Conduct Authority announced that Binance Markets Limited is currently “not permitted to undertake any regulated activity” in the United Kingdom. Last month, Binance Markets Limited withdrew its 5MLD application, and all parties seem to agree that the latest developments did not come as a surprise.
Charitable Giving and Tax Deductions: A Business' Guide
- 3 years 7 months ago
- Tax Authorities
You want to make sure that your business's charitable donations are as tax-effective and efficient as possible. That's why we created this guide to help you navigate the complicated world of giving back while also taking care of yourself and your company.
Sumsub Receives CySEC’s ASP License to Help Over 1000 Financial Businesses Reach Bank-grade Compliance and Accelerate Growth
- 3 years 7 months ago
- Artificial Intelligence, AML and KYC
Identity verification platform Sumsub secured an administrative services provider (ASP) license from CySEC, a key European regulator with stringent demands. This additional qualification will help Sumsub consult over 1000 businesses that struggle to meet AML requirements.
AML Compliance Costing UK Financial Institutions a Massive £28.7Bn Annually – the Equivalent of Half of Last Year’s Defence Budget Says LexisNexis® Risk Solutions
- 3 years 7 months ago
- Compliance, AML and KYC, Data
LexisNexis® Risk Solutions, the global data and analytics provider, today releases its latest report Cutting the Cost of AML Compliance, which reveals a conservative estimate for AML compliance costs across the UK financial services sector reaching almost £29bn per year.
FIS Launches First in a New Series of AI-Enabled Risk Solutions with C3 AI for Financial Services Industry
- 3 years 7 months ago
- Artificial Intelligence, Compliance
FIS AML Compliance Hub is the first in a new line of AI-based solutions from FIS for capital markets firms. New solution uses artificial technology to aggregate and analyze client data across financial crime detection systems such as know your customer (KYC) and anti-money laundering (AML) to improve outcomes. The FIS AML Compliance Hub leverages technology from C3 AI and is the first in a new line of solutions to be developed under a new... more
Planixs Renews Hellios Financial Supplier Qualification System (FSQS) Certification
- 3 years 7 months ago
- Management, Cloud, Compliance, Data
Planixs, the leading provider of real-time cash, collateral and liquidity management solutions to financial services firms, is proud to announce that it has successfully completed the Financial Supplier Qualification System (FSQS) certification process, a benchmark used by major banks and financial institutions to assess and vet potential vendors as part of their supplier procurement process.
Regtech Challenger Launches New Communications Suite to Support Smaller Financial Players
- 3 years 8 months ago
- RegTech, Compliance, Data
SteelEye, the compliance technology and data analytics firm, has launched a new suite of communication compliance solutions to give financial firms of all sizes and risk profiles access to best-in-class record-keeping and oversight tools.
Albany Group Appoints new Board Member to Support Business Transformation
- 3 years 8 months ago
- Compliance, Risk Management, Insurance
London-based automated risk, compliance and regulation software specialists, Albany Group, has announced the appointment of a new board member as the company looks to continue its upward growth trajectory.
New Appointment to Ignition Advice Board
- 3 years 8 months ago
- Compliance, Technical, People Moves
Paul McMahon has joined the board of digital advice provider Ignition as non-executive director for Ignition Advice UK Limited.
New Global Report Outlines How Data Intelligence is the Cure for Complex Compliance
- 3 years 8 months ago
- RegTech, Compliance
CUBE, a global RegTech company working to simplify compliance for the world’s leading financial institutions, today announced the release of a new report entitled ‘Data: Poison or Cure?’ This global report, produced in partnership with fintech research firm Burnmark, explores the evolving possibilities presented by data within financial services, and asks whether it provides a solution to complex compliance.
Accountancy Sector Braces for Surge of Post-Brexit AML Regulation
- 3 years 8 months ago
- Security, Compliance
Three quarters (76%) of compliance professionals in the accounting sector expect to see more anti-money laundering (AML) regulation as a result of the UK’s exit from the European Union, according to new research released today by LexisNexis® Risk Solutions, the global data and analytics provider.
EQS Group (EQS): FY21 Focus on Whistleblowing
- 3 years 8 months ago
- Compliance, Consultancy
EQS is making good progress on building a substantial presence in both corporate compliance and investor relations, growing its SaaS and annual recurring revenue streams. With a platform approach that allows for cross- and up-selling, this is a scalable business model in growing markets, driven by digitisation and regulation. The implementation of whistleblowing regulation in the EU during 2021 gives a clear opportunity for the group to extend... more
