ABN Amro has confirmed that it could face possible money laundering fines, following an order from the Dutch central bank to review all its transactions for possible money laundering or financial crime activities. The news comes after fellow Dutch bank ING was hit with a $900 million fine in September 2018 for similar issues.
MiFID II is shaping up to be one of the biggest regulations to impact the financial industry. While much of the regulation focuses on trading, there are many implications for data management. The webinar will explore issues effecting data management, including extended coverage of instruments and trading venues, new data fields, the mandate to use...
By Becki LaPorte, Principal – AML Strategy & Innovation, FinScan. The FCA’s latest report on sanctions systems and controls delivers a verdict that compliance professionals will find both encouraging and concerning. Although financial sanctions programs have matured, trade sanctions compliance has not. The gap between the two is significant and the report highlights this clearly....
Now in its 10th year, RegTech Summit London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to innovate the compliance function and response.
Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...