A-Team Insight Blogs
Industry Demands Clarity Over 5AML
When the Brexit transition period came to an end on 31 December 2020, a new sanctions regime was introduced in the UK under legislation set out in the Sanctions and Anti-Money Laundering Act 2018 (aka the Sanctions Act). The regime is fundamentally different to that of the EU, requiring financial institutions to rethink their response...
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...
This summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.
Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...