683 articles tagged with this keyword
News/regulation
Governor Andrew Bailey confirms House of Lords' view that the AI technology should be seen as a positive, rather than a risk to business.
02 February 2024
The Securities and Exchange Commission (SEC) has charged JP Morgan $18 million for obstructing clients and brokerage customers from reporting breaches of law to regulatory authorities. The payments giant has agreed to pay the penalty charge.
19 January 2024
News/people
Morgan Stanley have agreed to pay $249 million to settle fraud charges and for failing to enforce information barriers in connection with the bank's block trading practices.
12 January 2024
A second debanking review revealed that NatWest has potentially violated Financial Conduct Authority (FCA) regulation.
15 December 2023
News/crypto
Private cryptocurrencies have failed the basic test of digital money and are likely to be in decline in the near future
29 November 2023
Regtech provider Symphony is drawing on the generative AI capabilities of Google to develop a service to ensure banks' voice calls are compliant.
Terraform Lab’s former CEO Do Kwan is to be extradited to either South Korea or the USA following approval from a Court in Podgorica, Montenegro.
24 November 2023
Digital Europe, a digital technology trade association, has warned the EU against overregulating in its upcoming AI bill in a letter this week.
The EU is contemplating the need to widen scope of cybersecurity regulation to impact Big Tech, banks, and airlines as more companies move to the cloud to drive innovation.
UK companies are failing to keep up with the requirements for sanction-screening prospective clients despite the high level of global geopolitical unrest, according to a recently published survey.
23 November 2023
News/security
The imminent introduction of the EU's Digital Operational Resilience Act (DORA) will force sell-side firms to make significant changes to their third party risk management software and strategies, suggests a recently published survey.
22 November 2023
News/cloud
Alibaba Group has cancelled its plans to spin-off its cloud division due to uncertainties from US exports on AI chips.
17 November 2023
Bitwise Asset Management distanced itself from charges issued by the SEC and US Department of Justice (DOJ) yesterday, which take aim at the former CEOs of defunct startup Bitwise Industries Inc.
10 November 2023
News/devops
Towards the end of the UK’s AI Safety Summit taking place this week, Prime Minister Rishi Sunak and tech tycoon Elon Musk sat down for a conversation on artificial intelligence (AI).
03 November 2023
News/predictions
As many as three quarters of corporate, trust and fund services firms do not trust their own data, suggests recently published research.
30 October 2023
Taiwan’s parliament passed the first reading of a proposed crypto bill in a bid to tackle offshore market concerns and enhance regulation in the crypto asset industry.
27 October 2023
The UK’s Financial Conduct Authority (FCA) has found potential “regulatory breaches” in NatWest’s decision to close former Brexit party leader Nigel Farage’s accounts earlier this year.
The Consumer Financial Protection Bureau (CFPB) has proposed its long-awaited open banking rule in the hopes of improving competition in the US banking and payments sector.
20 October 2023
The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has proposed a new rule that will increase transparency around crypto mixer transactions.
The Financial Conduct Authority (FCA) has fined Equifax over £11 million for failing to protect their customers from a data breach outsourced to its US parent company.
13 October 2023
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.