US regtech start-up Coinfirm has signed an agreement with San Francisco-based Ripple, the company behind cryptocurrency XRP, to investigate the crypto’s compliance with AML regulations. The move comes in advance of a planned crackdown by US authorities on cryptocurrency exchanges, following an announcement by the Financial Action Task Force report in June of tighter regulation to restrict the role of digital currencies in global money laundering. The new measures will require that crypto assets exchanges comply with AML provisions in the same way as traditional financial institutions.
A-Team Insight Briefs
Recorded Webinar: Client Experience and Onboarding For Transfer Agents: How to ensure you deliver a seamless client experience and differentiate your services
Clients expect you to seamlessly deliver a range of transfer services. They expect you to delight their investors and ensure you have a robust onboarding and compliance process in place. They also want you to help them ensure they comply with shareholding obligations and corporate actions. With digital expectations becoming ever higher, how will you...
The number of cyber incidents financial services firms reported to the Financial Conduct Authority (FCA) soared in 2018, and the watchdog is now calling on regulated firms to develop greater cyber resilience to prevent attacks and operational resilience to recover from them. According to data recently acquired by accountancy firm RSM under the Freedom of...
Now in its 3rd year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
Welcome to A-Team Group’s best read handbook, the Regulatory Data Handbook, which is now in its seventh edition and continues to grow in terms of the number of regulations covered, the detail of each regulation and the impact that all the rules and regulations will have on data and data management at your institution. This...