Reporting/compliance

707 articles tagged with this keyword

All articles with this keyword
Apply Cancel
EBAday 2021: Why privacy is key to progressing a digital euro

/payments

EBAday 2021: Why privacy is key to progressing a digital euro

The European Central Bank (ECB) president Christine Lagarde first told reporters in March 2021 that the delivery of a digital euro would be decided upon within months, and suggested that four years would be a realistic timeframe for the development and issuance of a digital euro. However, the decision to pursue it has yet to be made by the ECB Governing Council, which will base its decision on its own preliminary work, and recently released responses to its public consultation.

China’s fintechs face an uphill battle with listings - CNBC

/regulation

China’s fintechs face an uphill battle with listings - CNBC

Going public in China is proving to be something of an uphill battle for fintechs, and new guidelines released by the China Securities Regulatory Commission (CSRC) are only further complicating the process.

Will smart divergence set the UK apart post Brexit?

/regulation

Will smart divergence set the UK apart post Brexit?

During a panel session for UK Fintech Week 2021, moderator Kristy Duncan, founder and CEO of Women in Payments noted that while the UK and EU benefits from a progressive regulatory regime which favours innovation and competition, fintechs are hindered by regulatory challenges including lack of enforcement and passporting headaches.

Shearman & Sterling: 'Remove the straitjacket of statutory rules' for UK fintech

/regulation

Shearman & Sterling: 'Remove the straitjacket of statutory rules' for UK fintech

During a panel for UK Fintech Week 2021, Barnabas Reynolds, global head of financial services group, Shearman & Sterling emphasised that to build trust in the system and allow space for fintech innovation, that the focus of supervisory systems should be on risk and not unnecessary code or control.

EBAday 2021: Will 2021 see proactive regulators eschew their reactive reputation?

/regulation

EBAday 2021: Will 2021 see proactive regulators eschew their reactive reputation?

Spurring a seismic shift in the way financial services operate and are supervised, the pandemic forced regulators to reassess strategy and increasingly adopt new technologies to modernise their processes.

How Curve got back on track after Wirecard fallout

/crime

How Curve got back on track after Wirecard fallout

In June 2020, the FCA acted overnight to freeze customer accounts across UK fintech firms including Curve, Pockit, Soldo, Anna Money and Holvi, after Wirecard Card Solution’s (WCS) parent company filed for insolvency in Germany.

EBAday 2021: Finding European synergy in the transition from Open Banking to Open Finance

/payments

EBAday 2021: Finding European synergy in the transition from Open Banking to Open Finance

Pioneering a defined strategy in 2020, the European Commission outlined its intention to adopt a legislative proposal for a new Open Finance Framework by mid-2022.

Cryptocurrency’s complex quest toward building institutional infrastructure

/crypto

Cryptocurrency’s complex quest toward building institutional infrastructure

If the normalisation of Bitcoin and crypto-at-large is to be achieved, there are fundamental challenges that this ‘non-analogue’ asset will be faced with. During Citi’s Digital Money Symposium, panellists of the ‘Institutional Infrastructure for Crypto’ session explored the obstacles crypto firms have faced while trying to carve out a footing within the institutional ecosystem.

ClearBank: Third of fintechs face regulatory scrutiny due to agency banking partners

/regulation

ClearBank: Third of fintechs face regulatory scrutiny due to agency banking partners

Based on an independent survey of 100 fintechs across the Netherlands, Lithuania, Sweden, Switzerland, and the UK, a report by ClearBank reveals a multitude of challenges fintechs experience at the hands of their agency bank’s shortcomings.

IWD 2021: No more talking, it's time for action on female representation in fintech

/inclusion

IWD 2021: No more talking, it's time for action on female representation in fintech

2020 may have been a year of challenge, but it proved that above all else, digital resilience will remain foundational, not only to female financial inclusion, but to female representation across the fintech sector.

The Kalifa Review’s five-point plan to bolster UK Fintech

/regulation

The Kalifa Review’s five-point plan to bolster UK Fintech

The long awaited Kalifa Review of UK Fintech has been released, outlining a comprehensive plan to support and bolster the sector’s significant presence across the globe. Led by Ron Kalifa OBE, the in-depth review was launched almost a year ago as a component of Rishi Sunak’s first budget.

Deutsche Bank spinoff IMP+ACT Alliance partners with UNDP

/sustainable

Deutsche Bank spinoff IMP+ACT Alliance partners with UNDP

IMP+ACT Alliance has announced its partnership with the United Development Programme (UNDP) to provide investors with digital guidance on engaging with the Sustainable Development Goals (SDGs).

Elastacloud runs hackathon to devise sustainable finance solutions

/sustainable

Elastacloud runs hackathon to devise sustainable finance solutions

The first Sustainable Finance hackathon run by data science specialists Elastacloud in association with Finextra and Responsible Risk, took place on 16 and 17 January bringing together 38 professionals from the finance and technology sectors.

Davos 2021: Carney on net-zero – ‘If you’re not in, you’re out’

/sustainable

Davos 2021: Carney on net-zero – ‘If you’re not in, you’re out’

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.

Davos 2021: PayPal’s Dan Schulman - Profit and purpose being at odds is ‘ridiculous’

/sustainable

Davos 2021: PayPal’s Dan Schulman - Profit and purpose being at odds is ‘ridiculous’

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.

AFME: ‘Financial materiality is not sustainable finance’s end goal’

/sustainable

AFME: ‘Financial materiality is not sustainable finance’s end goal’

In conversation with Richard Peers for Finextra TV, Tonia Plakhotniuk, associate director, policy (sustainable finance & financial reporting) at the Association for Financial Markets in Europe (AFME) traverses a number of predications we can expect to see around sustainable finance in 2021.

Oxford University professor: ‘There is a real threat that fintech will set gender diversity back’

/people

Oxford University professor: ‘There is a real threat that fintech will set gender diversity back’

One of Sibos’ first panel sessions for 2021, ‘Make 2021 the year to improve your bank’s diversity’, saw panellists raise concern over the lack of diverse representation in financial services, particularly fintech.

Regulatory innovation advances in the face of Covid-19

/regulation

Regulatory innovation advances in the face of Covid-19

While Covid-19 may have wreaked havoc across financial services, according to a recent report the pandemic has driven the urgency to prioritise and actively deploy fintech initiatives by regulators.

Using fintech to bypass incremental innovation

/startups

Using fintech to bypass incremental innovation

Vinod Khosla, founder of Khosla Ventures shared the virtual stage with Jillian Manus, managing partner of Structure Capital at Singapore Fintech Week 2020 for an optimistic outlook on all that is possible with technology.

Sustainable Finance Live: Building actionable ESGtech strategies with a partnership ecosystem

/sustainable

Sustainable Finance Live: Building actionable ESGtech strategies with a partnership ecosystem

Finextra Research and Responsible Risk hosted Sustainable Finance Live this week, the third workshop in a series of events encouraging collaboration in the ESGtech space.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept