RegTech Insight Regulatory Data The latest content from across the platform
FinTech Veterans Create Data, Technology and Services ‘Ecosystem’ to Solve Regulatory Challenges
The battery of ESG and financial regulations introduced in the past few years – and the future rules already in an advanced state of preparation – are weighing on institutions as the threat of censure for breaches increases. But a team of FinTech specialists has come up with a novel approach to helping all parties,…
Regulatory Reporting Handbook – First Edition
Welcome to the inaugural edition of A-Team Group’s Regulatory Reporting Handbook, a comprehensive guide to reporting obligations that must be fulfilled by financial institutions on a global basis. The handbook reviews not only the current state of play within the regulatory reporting space, but also looks ahead to identify how institutions should be preparing for…
AML Controls in the UK, Challenges of Non-Fungible Tokens, Potential Solutions
Chris Bourne, compliance expert in AML, CTF, KYC and KYB, Northrow. The UK has long prided itself on its robust Anti-Money Laundering (AML) legislation and its commitment to combatting financial crime. However, as criminals continually evolve their tactics, it is crucial to assess the effectiveness of AML controls in the UK and their future suitability…
Sumitomo Mitsui Trust Asset Management Selects Bloomberg Data Solution for SFDR Compliance
Sumitomo Mitsui Trust Asset Management has adopted Bloomberg’s data solution dedicated to helping firms meet the European Union’s Sustainable Finance Disclosure Regulation (SFDR). The asset manager is one of the largest in Japan and Asia, a signatory of both Japan’s Stewardship Code and Principles for Responsible Investment, and is actively pursuing initiatives to address ESG…
Walking the Tightrope of Increasing Regulatory Data Collection Initiatives
By Kelly Attrill, Strategy and Advisory Practice Head, Lab49. In a digital world where the volume, velocity and granularity of data continues to increase, there is even more potential to leverage the data created. In the financial services industry, firms have recognized the power of data for oversight, compliance and policy development. Regulators across financial…
Moody’s Analytics Wins Contract to Fight Financial Crime in European Union
Moody’s Analytics has won a framework contract worth up to €34 million from the European Commission to strengthen its anti-fraud, money laundering and financial crime effort. The four-year contract will be managed by the Commission’s European Anti-Fraud Office (OLAF) and will use the Orbis database operated by Bueau van Dijk, a Moody’s Analytics subsidiary, to…
ACA Adds SaaS Best Execution Solution to ComplianceAlpha Platform
ACA has added a best execution solution to its ComplianceAlpha RegTech platform. The solution is available as Software-as-a-Service and integrates with the platforms Employee Compliance and Market Abuse Surveillance solutions, as well as third-party systems. The ACA solution is designed to help global firms facilitate the exchange of critical data and reduce the cost and…
eflow Global Plans Range of New Products Post £7 Million Funding Round
RegTech solutions provider eflow Global has raised £7 million in capital through a Series A funding round. The company plans to invest the funds in R&D for new products and to accelerate growth with a particular emphasis on North America and Asia-Pacific. Founded in 2004, eflow provides financial firms with software solutions to help them…
ACA Partners LeapXpert to Extend Surveillance of Off-Channel Communications
CGRC specialist ACA Group has partnered LeapXpert to deliver greater capabilities for off-channel communications monitoring. The partnership provides enhancements to archival, workflow, and surveillance features across WhatsApp, iMessage, SMS, WeChat, Telegram, LINE and Signal, and comes at a time when regulators are looking more closely at how financial firms are communicating internally, as well as…
ECB Launches Consultation on Guide Urging Banks to Improve Risk Data Aggregation and Reporting
The European Central Bank (ECB) has launched a public consultation covering its Guide on Effective Risk Data Aggregation and Risk Reporting, noting that ‘adequate capabilities in this area are still the exception, and banks have to improve their risk data aggregation frameworks, also in light of the BCBS principles’. Ultimately, banks are expected to step up…