Frankfurt has won the race to host the EU's new Anti-Money Laundering Authority (AMLA), beating out competition from eight other cities, including Dublin, Madrid and Paris.
Silent Eight, a leading Regtech firm specializing in partnering with major financial institutions to drive efficiency, increased accuracy and adaptability within their financial crime programs, today announced the expansion of its relationship with HSBC to implement Automated Alert Closure for Transactions automates investigation and resolution of alerts in real time.
The Monetary Authority of Singapore has told the country's financial institutions to make sure they are prepared for the rising cybersecurity risks posed by quantum computing.
The SSM supervisory priorities for 2024-26 establish that banks should address the information and communication technology (ICT) and security risks stemming from the digitalisation of banking services.
Senior payments experts at the European Central Bank have billed the SEC's approval of spot exchange-traded funds (ETF) for bitcoin as an example of the 'naked emperors new clothes', legitimising a currency whose fair value as an asset is effectively zero.
The European Central Bank is warning banks that their management of outsourcing risk must improve, with a stringent focus on the processing of personal data.
Sovos, the always-on compliance company, today announced the launch of the Sovos Compliance Cloud, the industry's first and only solution that unifies tax compliance and regulatory reporting software in one platform and provides a holistic data system of record for global compliance.
