RegTech Insight ESG The latest content from across the platform
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…
Creating An Effective ESG Framework and Managing a Changing Risk Landscape: Boldly Go Where the World Is Going!
By Fraser Hall, Global Product Manager – FinReg, AxiomSL. European regulators are leading with environmental, social, and governance (ESG) disclosure requirements, although given the direction the world is going – in terms of ESG framework development – other regulators will not be far behind. The European Banking Authority (EBA), European Securities and Market Authority (ESMA)…
Brexit: Equivalence is Dead. What Now?
Last week, UK Chancellor Rishi Sunak delivered his first speech at Mansion House, outlining his vision for the UK’s financial services industry. During the speech, while stating that the UK government’s ambition following Brexit had been to reach a comprehensive set of mutual decisions on financial services equivalence, he conceded that “this has not happened,”…
A-Team Group ESG Handbook 2021 Details Environmental, Social and Governance Investing and Disclosure
A-Team Group has expanded its portfolio of industry-leading publications with the release of ESG Handbook 2021, a guide to Environmental, Social and Governance (ESG) investing, disclosure, and product development. The handbook offers capital markets participants, data vendors and solutions providers extensive coverage of all elements of ESG, from an initial definition and note on why…
ESG Handbook 2021
A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges…
New Approaches to Surveillance and Due Diligence Post-Pandemic Feature Heavily at A-Team’s RTSV Conference
Surveillance in the new ‘work from anywhere’ environment and the drift toward continuous KYC due diligence emerged as key industry challenges during panel sessions at A-Team’s RegTech Summit Virtual online conference earlier this month. Delegates heard how surveillance professionals were struggling to deal with the mushrooming use of new collaboration channels and video-conferencing platforms. At…