RegTech Insight ESG The latest content from across the platform
Video: Building Blocks of Successful ESG Initiatives
In this video, Brad Foster, global head of enterprise data content at Bloomberg, discusses the data and data management elements of successful ESG initiatives. Among these he notes the need for a solid data and technology foundation, as well as links between ESG data and other datasets to gain insight and value from the data….
Video: Building Blocks of Successful ESG Initiatives
In this video, Brad Foster, global head of enterprise data content at Bloomberg, discusses the data and data management elements of successful ESG initiatives. Among these he notes the need for a solid data and technology foundation, as well as links between ESG data and other datasets to gain insight and value from the data….
Practical Data Strategies for meeting ESG Obligations in Financial Services
The ESG investing landscape is poised to become more defined, as competing definitions, standards and regulatory initiatives start to converge. The impact of ESG will be felt far and wide across the financial services community, which will face practical challenges in developing and implementing an ESG strategy that is both effective and avoids box-ticking –…
GRAC Service Provider RiskBusiness Launches GDPR Equivalency Checker
Governance, risk, audit and compliance (GRAC) content and service provider RiskBusiness has introduced a GDPR Equivalency Checker ahead of new EU data privacy requirements coming into effect later this month. The new tool is targeted at all financial services firms impacted by the incoming changes under the so-called Schrems II legislation that comes into effect…
Compliance-as-a-Service Provider Lawson Conner Adopts Acquirer IQ-EQ’s Brand Name
Lawson Conner, a UK-based regulatory hosting and outsourced compliance business, has rebranded as IQ-EQ, the name of investment funds service provider that acquired it in 2018. The rebrand of the compliance as-a-service provider comes at a time when the Financial Conduct Authority (FCA) has prioritised raising standards in the appointed representatives segment. IQ-EQ’s acquisition added…
Australia’s Identitii Launches SaaS-Based AML/CTF Platform to Reduce Regulatory Risk
Australia-based Identitii, which specialises in helping regulated entities including banks and other ‘money services’ providers manage regulatory risk, has launched a SaaS-based reporting and compliance platform aimed at addressing AML and counter-terrorist financing (CTF) reporting obligations. The cloud-based platform delivers end-to-end reporting automation and future proofs compliance by accepting any payment file format used today…
Mind the Gap: Why RegTech Hasn’t Hit the Target (Yet)
By Bernadine Reese, managing director, and Jagdeep Sihan, associate director, at Protiviti UK. RegTech is a new and innovative industry. As the cost of compliance increases, and attention from regulators mounts, financial firms are looking for ways to make their processes slicker and prove that they work effectively. Technology can be part of the answer….
Cloud Comes to the Fore for Fails Management
By Daniel Carpenter, Head of Regulation, at Meritsoft, a Cognizant company. As financial market participants of all types await the regulator’s decision on mandatory buy-ins, preparations continue for the introduction of the new CSDR Settlement Discipline Regime. With the focus on updating systems and operational processes to meet the requirements around penalties, as a minimum,…
Your SFDR Framework Should Be Set, Even if Thresholds Aren’t
By Volker Lainer, VP of Product Management and Regulatory Affairs at GoldenSource. The EU’s Sustainable Finance Disclosure Regulation (SFDR) and its related Regulatory Technical Standards (RTS), which are intended to promote environmentally and socially conscious investment in companies, came into play on 10 March, 2021. And with the further postponing of SFDR Level 2, with…
Clausematch Survey Shows Acceleration in RegTech Uptake
Financial institutions accelerated spending on regulatory technology during the pandemic, a survey of almost 40 organisations conducted by Clausematch has found. The survey also suggested that practitioners would like to see regulators take a more proactive role in promoting the adoption of technology in compliance. More than 42% of survey respondents witnessed sharp rise in spending…