Updated Technical Standards for PSD2 and The E-Commerce System
- 8 years 3 weeks ago
- Compliance
The European Banking Authority recently drafted the latest technical standards for the Payment Services Directive II (PSD2), which serves as the legal foundation for a new cross-EU payments market. In 2016, European e-commerce sales are expected to increase 17% to €183 billion and the use of payment service providers (PSPs) is increasing significantly.
Micro-business Owners Urged Not to Delay When Registering for Self Assessment
- 8 years 3 weeks ago
- Tax Authorities, Risk Management
Freelancers and micro-business owners who have yet to register their business with HMRC are rapidly running out of time if they want to get their Self Assessment tax return submitted to HMRC, FreeAgent has warned. The company - who provide award-winning cloud accounting software for freelancers, micro-businesses and their accountants - has warned business owners that failing to register for Self Assessment in the next week will mean they are... more
IHS Markit Launches Markit│CTI Tax Solutions for Section 871(M)
- 8 years 3 weeks ago
- Compliance, Tax Authorities
IHS Markit, a world leader in critical information, analytics and solutions, today announced the launch of Markit│CTI Tax Solutions for Section 871(m) to address compliance obligations for US equity derivatives. Brown Brothers Harriman and other financial institutions participated in the design phase of the solution and signed on as early adopters.
Axiomsl Introduces Reporting Solutions for Global Energy and Gas Producers
- 8 years 3 weeks ago
- Audit and Reporting, Risk Management
AxiomSL, the leading global provider of regulatory reporting and risk management solutions, is proud to announce it is currently rolling out its global trade and transaction reporting solution to one of the major oil and gas producers with global trading and hedging activities. The firm has strengthened its existing trade and transaction solution ahead of the release of the MiFID II module in early 2018. This development will give AxiomSL’s... more
Union Nordea – new legal structure
- 8 years 1 month ago
- Regulatory Standards, M&A Deals
Today, as of 2 January 2017, the cross-border mergers between Nordea Bank AB (publ) and its subsidiary banks in Denmark, Finland and Norway have been executed. As a result, all assets and liabilities of the subsidiary banks have been transferred to Nordea Bank AB (publ) and each of Nordea Bank Danmark A/S, Nordea Bank Finland Plc and Nordea Bank Norge ASA has been dissolved. The banking business in Denmark, Finland and Norway will be carried out... more
Financial Fraud: Greatest Hits of 2016
- 8 years 1 month ago
- Security, Data Protection, Fraud Detection, Compliance, AML and KYC, Security
2016 had a financial fraud being committed once every 15 seconds, compelling financial institutions to buckle up. The trend will continue through 2017 with newer, more innovative attempts. Imperative therefore to think innovatively to stay ahead of the game.
EverCompliant Raises $9.5 Million Series A to Continue Preventing Transaction Laundering
- 8 years 1 month ago
- AML and KYC
EverCompliant, the cyber intelligence company, pioneer and industry leader of transaction laundering detection and prevention, announced today the completion of a $9.5 million Series A funding round. The round was led by Arbor Ventures and included existing investors Carmel Ventures, StarFarm Ventures and Nyca Partners. With this investment, Melissa Guzy of Arbor Ventures has joined the Board of Directors of EverCompliant.
FICO named CSO50 Award winner for its application security program
- 8 years 1 month ago
- Security, Data Protection, Fraud Detection, Compliance, AML and KYC
Silicon Valley analytics software firm FICO today announced that it has been named a winner in the 2017 CSO50 Awards from IDG's CSO. The company was recognised for its next-generation application security program, which accelerates the delivery of robust, secure applications.
Ghana International Bank goes live with KnowCo’s stress-testing system
- 8 years 1 month ago
- Banking, Security, Data Protection, Compliance
Ghana International Bank plc (GHIB), a Ghanaian-owned international Bank based in the City of London, has gone live with KnowCo’s stress-testing system, KST.
SEK applies Wolters Kluwer’s IFRS9 Software
- 8 years 1 month ago
- Compliance, Regulatory Standards, Data, Audit and Reporting
The Swedish Export Credit Corporation (SEK) has chosen Wolters Kluwer’s OneSumX to provide its software for International Financial Reporting Standards (IFRS)9 implementation and reporting.
ČSOB Opts for Wolters Kluwer’s OneSumX Software
- 8 years 2 months ago
- Treasury, Compliance
Československá obchodní banka (ČSOB), a leading Czech bank, has chosen Wolters Kluwer’s OneSumX software to support its Treasury department.
enepath and Insightful Technology Team Up to Provide Revolutionary New Solution for Trade Reconstruction and Global Compliance
- 8 years 2 months ago
- Trading Systems, Compliance
enepath, the voice trading and communications specialist, and Insightful Technology (Insightful), compliance solutions specialists, have partnered to provide a seamless means of integrating voice trading with all other trading data. The collaborative solution combines Insightful’s Soteria™, the leading multimedia capture, analytics, proactive monitoring, and case reconstruction platform, with enepath’s Eclipse™ trader voice product suite.
Sapient Global Markets Enhances CMRS Regulatory Reporting Platform for Bank of Israel Requirements
- 8 years 2 months ago
- Compliance, Regulatory Standards, Audit and Reporting
Sapient Global Markets, a leading global provider of business technology and consulting services for the financial and commodity markets, today announced the latest development to its award-winning CMRS platform that will enable firms to comply with Bank of Israel reporting requirements.
Sopra Steria Achieves AWS Financial Services Competency Status
- 8 years 2 months ago
- Compliance
Sopra Steria, a European leader in digital transformation, announced today that it has achieved Amazon Web Services (AWS) Financial Services Competency status. This designation recognises Sopra Steria for delivery of effective solutions and providing deep expertise to help organisations manage critical issues pertaining to the industry, such as digital transformation, core systems implementation, migration, data management, navigating compliance... more
FICO Achieves AWS Financial Services Competency Status
- 8 years 2 months ago
- Compliance
Silicon Valley analytics software firm FICO announced today that it has achieved Amazon Web Services (AWS) Financial Services Competency status. This designation recognises FICO for delivery of effective solutions to help organisations manage critical issues pertaining to the industry, such as risk management, data management, navigating compliance requirements and establishing governance models.
