Eastnets Satisfies Requirements For The EU Digital Operational Resilience Act (DORA)
- 22 hours 43 min ago
- Compliance
Eastnets, a global leader in compliance and payments solutions, announces that it satisfies the requirements of the EU’s Digital Operational Resilience Act (DORA), ensuring readiness ahead of its enforcement on January 17, 2025.
Profile Software Introduces AI-Driven Solution For DORA Compliance
- 1 day 3 hours ago
- Compliance
Profile, a leading global financial solutions provider, announces the development and release of a cutting-edge solution within its AI.Adaptive platform. This new offering is designed to assist banks and financial organisations in ensuring compliance with the DORA, the European Digital Operational Resilience Act framework.
Singapore’s Financial Sector Must Brace For Heightened Regulatory Scrutiny And Enforcement Action In 2025
- 2 days 3 hours ago
- Compliance
Fenergo, the leading provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, announced today the findings of its annual report on global financial institution enforcement actions. Global regulatory fines in 2024 saw a decline in value from US$6.57 billion in 2023 to US$4.6 billion—a reduction of 30%. The APAC region as a whole saw the total penalty value drop by 98%, from US$1.41... more
Ryan Completes Acquisition of Altus Group’s Property Tax Services Business
- 2 weeks 1 day ago
- Tax Authorities
Ryan, a leading global tax services and software provider, is pleased to announce the successful completion of its CAD $700 million acquisition of the property tax services business of Altus Group Limited.
Deutsche Bank Subsidiary to Pay $4 Million for Untimely Filing Certain Suspicious Activity Reports
- 3 weeks 5 days ago
- Compliance
The Securities and Exchange Commission today charged registered broker-dealer Deutsche Bank Securities Inc., a subsidiary of Deutsche Bank AG, for failing to file certain Suspicious Activity Reports (SARs) in a timely manner. Deutsche Bank Securities has agreed to pay a $4 million civil penalty to settle the SEC’s charges.
ZBD Becomes First To Receive EU MiCAR License Approval
- 1 month 5 hours ago
- Compliance
ZBD, the innovative payments company at the forefront of digital economies, today announced it has become the first company to receive approval for the new European Union (EU) crypto-asset service provider license under MiCAR (Markets in Crypto-Assets Regulation). This landmark achievement represents a major milestone both in crypto-asset regulation in the EU and in ZBD's journey to build a digital-native payments platform on top of the Bitcoin... more
Wolters Kluwer Integrates Sonicu Platform Into Simplifi 797 To Support USP Compliance
- 1 month 1 week ago
- Compliance
The United States Pharmacopeia’s (USP) newer compliance guidelines for compounding pharmacies include more stringent requirements for cleanroom environmental monitoring.
S-RM Shares Five Key Steps To Prepare For DORA
- 1 month 1 week ago
- Compliance
Leading global cyber security and investigations consultancy S-RM has identified five critical steps for financial institutions and their ICT providers to achieve compliance with the Digital Operational Resilience Act (DORA), which will enter force from 17 January 2025.
Simplifying PCI Compliance and Elevating Payment Security: IXOPAY Merges with Aperia Compliance
- 1 month 2 weeks ago
- Compliance
I am beyond excited to share a transformative milestone in our journey to redefine the payments industry. Today, IXOPAY proudly announces its merger with Aperia Compliance, a global leader in Payment Card Industry (PCI) validation and risk management.
Diagram Capital Selects Muinmos to Enhance Client Onboarding and KYC Compliance
- 1 month 2 weeks ago
- AML and KYC
Diagram Capital, an FCA regulated investment company that provides expert guidance and support for professional clients, is pleased to announce its partnership with Muinmos, a market-leading RegTech solutions provider. This collaboration introduces Muinmos’ advanced onboarding platform to streamline and enhance Diagram Capital’s client onboarding and KYC (Know Your Customer) / KYP (Know Your Partner) processes.
Innovative Systems Introduces FinScan Marketplace: A Unified AML Platform
- 1 month 2 weeks ago
- Compliance
Innovative Systems, Inc., a leading provider of enterprise data, compliance, and integration solutions, has launched FinScan® Marketplace, a groundbreaking platform designed to serve as a one-stop shop for anti-money laundering (AML) compliance.
Businesses Battle First-Party Fraud as Consumers Face Financial Pressures
- 1 month 2 weeks ago
- Compliance
While the vast majority of consumers stay honest, UK businesses still face a battle against first-party fraud as financial pressures persist – according to new data from global information and insights company TransUnion.
MAS Imposes Civil Penalty of $2.4 Million on JPMorgan Chase Bank, N.A. for Misconduct by Its Relationship Managers
- 1 month 2 weeks ago
- AML and KYC
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million on JPMorgan Chase Bank, N.A. (JPM), for failing to prevent and detect misconduct committed by its relationship managers (RMs). In 24 over-the-counter (OTC) bond transactions, the RMs had made inaccurate or incomplete disclosures to clients, resulting in the clients being charged spreads that were above the bilaterally agreed rates.
Themis Launches Tathabbat: Saudi Arabia's First AML and KYF/KYC Firm to Help Protect the Kingdom's Economic Expansion
- 1 month 2 weeks ago
- Compliance
Themis, a global leader in financial crime prevention, announces the official launch of Tathabbat. This marks a significant step in Saudi Arabia's compliance landscape, aligning with Vision 2030 and the country's push to adopt world-class Know-Your-Finance (KYF) standards.
Wolters Kluwer Unveils Bilingual GenAI Tool in CCH® AnswerConnect for Tax Professionals in Canada
- 2 months 1 week ago
- Tax Authorities
Wolters Kluwer Tax and Accounting (TAA) today announced AI-enabled enhancements to
