10/25/2016
private banking group selects BearingPoint’s Regulatory Technology for FinRep Reporting
This is an important milestone for us and proves that our Abacus platform is state of the art in regulatory reporting.
Legal,Regulation,Tax & Compliance
10/22/2016
Different approaches needed on regulating blockchain and digital currencies
Policy makers and regulators need to adopt different approaches to rule-making for blockchain and digital currencies than those taken in the past to regulating new technologies and the business models enabled by them.
10/22/2016
European Central Bank 'strongly supports' moves to bring virtual currency exchanges within scope of AML rules
Plans to bring virtual currency exchanges and digital wallet providers within the scope of EU anti-money laundering (AML) legislation have been backed by the European Central Bank (ECB).
10/22/2016
Compliance in the FinTech industry: The challenges by Arachnys Information Services
Archaic manual processes and outdated operations have been replaced by state-of-the-art applications and elaborate software, to make finance as customer friendly as ever.
10/22/2016
From Safe Harbour to Privacy Shield: What has changed for data compliance? by Paul May Editor at Arachnys
2016 has been a fruitful year for changes to EU legislation, but this is not set to end anytime soon.
10/20/2016
FCA slaps £3.25 million fine on Sonali bank for AML failings
The FCA will not hesitate to take action against firms and senior individuals who fall short of our standards.
10/19/2016
Systemic Risk Council weighs in on asset management vulnerabilities
In its letter, the Council expressed its support for the FSB's work on potential risks to financial stability arising from asset management structures and practices.