RegTech Insight Regulations The latest content from across the platform
FCA AI Innovation Lab – Corlytics Joins AI Spotlight
In October 2024, the UK’s Financial Conduct Authority (FCA) launched its Artificial Intelligence (AI) Lab, marking a significant regulatory initiative for integrating AI within financial services. The initiative underscores the FCA’s commitment to fostering responsible AI innovation while ensuring consumer protection and market integrity. The AI Lab serves as a collaborative platform, bringing together regulators,…
Bloomberg Boosts MARS Coverage with New Climate Module and Expanded Derivatives Exposure Coverage
Risk management for multi-asset portfolios is becoming increasingly complex with tightening derivatives and climate-related disclosures all posing new challenges to market participants and investors. In response to these evolving needs, Bloomberg’s Multi-Asset Risk System (MARS) has introduced two significant enhancements: MARS Climate, a comprehensive solution for portfolio-level climate risk analysis, and expanded support for global…
Generali-Natixis Tie-up Highlights Data and Operational Complexities of Asset Management M&A
By Jeremy Katzeff, head of buy-side solutions at GoldenSource. After much speculation, it’s now confirmed. The asset management industry welcomes another mega fund to its ranks after the tie-up between the asset management businesses of Natixis and Generali Group. The reasons behind the merger are the same as they have been for the last few…
19 RegTech Insights for 2025 from our RegTech Summits
The RegTech Summits in London and New York delivered a deep dive into AI-driven compliance, accelerated settlement, and evolving regulatory frameworks among other key RegTech topics, with industry leaders and regulators weighing in on the biggest challenges ahead. From the implementation of accelerated settlement cycles across global markets to the rise of generative AI (GenAI)…
DG FISMA Rejects the ESAs’ Draft RTS for DORA
Less than one week after the Digital Operations Resilience Act (DORA) came into full force in the EU, the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) issued a letter to the Chair of the Joint Committee of the European Supervisory Authorities (ESAs) rejecting the draft regulatory technical standards (RTS) submitted…
UK Penalties for AML Regulatory Breaches More Than Double 2023 – Fenergo Research
According to a new analysis by Client Lifecycle Management and perpetual KYC solution provider Fenergo, financial institutions in the UK have experienced a sharp increase in the total value of AML-related fines despite a drop in the number of enforcement actions. In 2024, the Financial Conduct Authority (FCA) issued three significant fines totalling $64.74 million,…
SEC Launches Crypto Task Force to Provide Clarity on Regulatory Framework
Acting U.S. Securities and Exchange Commission (SEC) Chairman Mark T. Uyeda has launched a new crypto task force aimed at establishing a comprehensive and transparent regulatory framework for digital assets. Commissioner Hester Peirce will lead the initiative, with Richard Gabbert, Senior Advisor to the Acting Chairman serving as the task force Chief of Staff, and…
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…
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…
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…