10/03/2024
By providing these financial institutions with easy-to-understand insights on the businesses they are onboarding, this partnership will not only reduce fraud but ensure compliance with regulatory requirements.
10/03/2024
As a result, Starling initially agreed to a voluntary requirement (VREQ) to halt opening new accounts for high-risk customers until improvements were made through its AML enhancement plan.
10/02/2024
Last month, the FCA charged Osunkoya with running a multimillion-pound crypto ATMs without authorisation.
09/30/2024
Firms can even arrange pre-application meeting with the regulators in order to better understand the requirements, according to the announcement.
09/26/2024
As a result, Visa’s unlawful conduct affects not just the price of one thing – but the price of nearly everything
09/26/2024
The report highlights legal professionals with extensive experience in the field, including those skilled in implementing blockchain solutions and providing data protection and cybersecurity advice.
09/25/2024
Compliance costs in Europe amount to around €100bn annually
09/24/2024
This phase of the HKMA’s digital currency programme will focus on efficiency and whether the e-HKD attracts and entices users, deputy CEO Howard Lee says
09/23/2024
Bank says new UK compensation rules will fail to curb APP scams and prove financial sector is not the problem
09/23/2024
The opinions offered by advocates general to the CJEU are non-binding on the court’s judges
09/23/2024
As UK businesses focus on compliance and adopt MTD software, business leaders are actively seeking reliable solutions to ensure adherence and avoid penalties.
09/20/2024
This begins with the training of the model and continues throughout the entire lifecycle of the product. AI without constant feedback is useless.
09/20/2024
A new Fair Payment Code has been announced by the UK government to manage late payments that cost SMEs.
09/19/2024
Recent data protection enforcement cases in Singapore have shown that failures in data protection often result from a lack of basic understanding and responsibility at all levels.
09/19/2024
It concludes that a clear public interest case to issue a retail CBDC has yet to emerge in Australia.
09/19/2024
The new guidance on real-world assets is supported further by additional updated guidance, published simultaneously by the JFSC
09/19/2024
A panel of the B.C. Securities Commission imposed the sanctions on LiquiTrade Ltd.
09/18/2024
The guidance aims to clarify the process for issuing a digital representation of a real world asset on a blockchain by a Jersey issuer
09/18/2024
A staged approach to incident notification is provided for under the directive, with obligations kicking in after 24 hours, 72 hours and within a month of the incident
09/18/2024
Richard Schueler — also known as Richard Heard — founded the cryptocurrency firms Hex and PulseChain and has used social media to promote them.