RegTech Insight Governance The latest content from across the platform
Video: MCO’s Avni Katechia Discusses Proactive Approaches to Regulatory Change Management Challenges
In this video, Avni Katechia, Senior Solutions Consultant at MyComplianceOffice (MCO), discusses the evolving challenges of regulatory change management and how firms are adapting their compliance strategies to meet increasing demands. She highlights the complexities of managing regulatory obligations across multiple jurisdictions, the growing focus on data protection regulations such as GDPR and CCPA, and…
Senior Leadership Appointments at CSC Funds and Capital Markets Division
CSC has taken a step to strengthen its global compliance and risk management capabilities by appointing two seasoned leaders to key roles. With extensive experience in compliance, logistics, and regulatory strategy, Mark Calandra will now lead CSC’s Corporate and Legal Solutions (CLS) division, while Ian McConnel becomes the company’s chief legal officer overseeing Legal, Risk,…
SEC Penalizes Twelve Firms for Recordkeeping Lapses, Totalling $63 Million in Fines
The U.S. Securities and Exchange Commission (SEC) has imposed more than $63 million in combined penalties on nine investment advisers and three broker-dealers for failing to properly maintain and preserve required electronic communications. One of the firms received leniency for self-reporting, incurring a substantially reduced penalty. According to SEC findings, the firms and their personnel…
FCA Discussion Paper Invites Stakeholder Input to Shape the Future of UK Cryptoasset Regulation
In December, the UK Financial Conduct Authority (FCA) released its Discussion paper, DP24/4 that outlines its approach for integrating cryptoassets into the UK regulatory framework. The paper focuses on two critical areas: the Admissions & Disclosures (A&D) regime and the Market Abuse Regime for Cryptoassets (MARC), both aimed at fostering market integrity, consumer protection, and…
Nine DTCC Executive Predictions for Global Clearing and Settlement in 2025
As the new year gets into full-swing, nine Depository Trust Clearing Corporation (DTCC) executives share their insights on the evolving landscape of market infrastructure, regulations and technology in the global post-trade clearing and settlement industry. Their outlook focuses on the key themes of innovation, resilience, and agility in response to regulatory dynamics. Navigating an Uncertain…
Financial Services Regulation and Compliance: Five Trends for 2025
Matt Lonsdale, Director – Consulting, Davies 2025 is going to bring some big changes to financial services firms, in terms of regulation and compliance. Here are our top five trends to look out for: Consumer Duty – a continued focus Consumer Duty was a dominant topic for many firms in 2024 and it’s here to…
Addressing Financial Crime and AML with RegTech: Insights from the RegTech Summit 2024
Since the Bank Secrecy Act (BSA) was enacted 54 years ago to prevent and detect money laundering and terrorist financing, the compliance obligation has evolved from a basic reporting requirement into a highly complex and continually evolving anti-money laundering (AML) regime. An expert panel at A-Team Group’s RegTech Summit (NYC) in November convened to evaluate…
Nine Reasons Advisors & Wealth Managers should Download this Essential AI Compliance Report
In today’s complex and evolving compliance landscape, advisory and wealth management firms are navigating a critical crossroads. The rapid emergence of AI technologies, particularly generative AI (GenAI) offers both unprecedented opportunities and complex challenges, reshaping how compliance teams operate. The Saifr commissioned survey and report, “From Caution to Action: How Advisors are Integrating AI in…
Predictions for 2025: Regulatory Climate to Impact Data Management as KYC Initiatives Evolve
By Cenk Ipeker, General Manager, Product Management, Cloud, NICE Actimize. As we enter 2025, financial institutions are likely to witness a shift toward more efficient, customer-friendly, and compliant Know Your Customer (KYC) practices. These changes will occur as institutions navigate an evolving regulatory landscape and technological advancements, with data management becoming a key focus area…
Why is Comms Surveillance Still a Problem? Key Insights from RegTech Summit 2024
More than $3 billion in fines and even higher legal costs have underscored the persistent challenges firms face in e-communications surveillance. Despite abundant evidence of the regulatory, financial, and reputational risks at stake, this problem continues to vex compliance teams worldwide. This provided the context for a group of senior practitioners and RegTech experts convened…