RegTech Insight Blogs The latest content from across the platform
Rate of Annual Sanctions Growth Nears 15%, According to Refinitiv Report
The Russia-Ukraine war has caused rapid sanctions inflation since March in several autonomous sanctions programs, contributing to a sanctions inflation rate of 14.6% year on year, compared with 11.2% rate six months ago, according to London Stock Exchange Group’s Refinitiv Global Sanctions Index. Refinitiv’s annual Global Sanctions Index white paper, the second edition of which…
A-Team Group Names Winners of RegTech Insight Awards – USA 2022
Congratulations to the winners of A-Team Group’s RegTech Insight Awards – USA 2022. The awards were presented by Sarah Underwood, Editor, A-Team Group during a lively drinks reception following A-Team Group’s RegTech Summit New York on 16 November 2022. The RegTech Insight Awards recognise both established solution providers and innovative newcomers providing RegTech solutions that…
Fenergo Study Reveals True Cost of KYC
A global study of more than 1,000 C-level executives across corporate and institutional banks, published by client-onboarding specialist Fenergo, offers a view on how much of a burden KYC represents for many institutions. Financial institutions are spending millions of dollars every year inefficiently onboarding and maintaining clients, according to the research. The survey, conducted in August…
COP27 Announcements Highlight Critical Role of ESG Data
The COP27 climate summit in Egypt has put ESG data firmly in the spotlight as a key enabler of the financial sector’s critical role in solving the global sustainability challenges. From the formal unveiling of a global plan to make sustainability data accessible to every investor to the announcement of further progress in narrowing in…
ESG is Magnifying Data Management Challenges
Data management strategies necessarily have to change with markets, with trading trends, with technology and with a host of other inputs that inform the ever-changing financial landscape. Without effective management, data is useless. If it can’t be accessed, if it isn’t clean, if it is out of date or if it can’t be found then…
BNP Paribas First with Successful Test of ISDA’s Digital Reporting Facility for Swaps
BNP Paribas has successfully tested and implemented the International Swaps and Derivatives Association’s (ISDA) Digital Regulatory Reporting (DRR) initiative for swaps under the US Commodity Futures Trading Commission’s (CFTC) amended reporting rules. The successful test marks the first time ISDA’s DRR has been deployed in a real-world environment, with a successful submission of data to…
KYC Hub Launches OpsFlow for Automated Client Onboarding
Due diligence and compliance automation specialist KYC Hub has released a Robotic Process Automation (RPA) based platform to streamline client onboarding across a wide range of industries including financial services. OpsFlow aims to reduce complexity in the onboarding process by offering access to hundreds of global verification types through a single solution, allowing workflow and…
A-Team Group Returns to New York with Acclaimed RegTech Summit – Don’t Miss It!
Don’t miss it! A-Team Group is back in New York on 16 November 2022 with its sixth RegTech Summit. The event will be packed with keynotes, presentations and panel sessions hosted by industry leaders and joined by regulators, leading RegTech practitioners, product innovators, and regulatory related organisations. The Summit will be followed by this year’s…
Confluence of Historical Trends Puts APAC at Centre of the RegTech Scene
Confirmation of a concept’s validity can come in the most banal of ways. For Claus Cristensen, founder and chief executive of Dublin-based RegTech provider Know Your Customer, such a moment came during a business lunch with colleagues in Shanghai, China. When it came to paying the bill, Christensen reached for his wallet but his locally…
FCA Proposes Tough Anti-Greenwashing Rules for UK
The UK’s financial regulator has issued its toughest set of proposals yet to crack down on greenwashing. The Financial Conduct Authority’s (FCA) proposed Sustainable Disclosures Requirements contains a list of measures, including rules on labelling of green financial products and restrictions on the language that can be used to describe green investment instruments, that it…