Latest Reporting/compliance News: Finextra Research

Viola Money enters administration

On 21 December 2021, a special administration order was made by the Court, in relation to Viola Money (Europe) Limited, under the 2021 Payment and Electronic Money Institution Insolvency Regulations.

29 December 2021

Company update/wholesale

Barclays to operate as foreign ADI in Australia

Barclays today announced that the Australian Prudential Regulation Authority (APRA) has authorised Barclays Bank PLC to operate as a foreign authorised deposit-taking institution (ADI) in Australia. Barclays Bank PLC Australia Branch is targeted to go-live as a foreign bank branch locally in April 2022.

20 December 2021

Research/Reporting/compliance

Sustainable Finance Live - Supply Chain Traceability: Better Data, Lower Risk

20 December 2021 79 downloads

Company update/regulation

Broadridge proxy voting service goes live in France

Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), and SLIB, a leading-edge software vendor in electronic voting and securities services based in France, have announced the live operational running of their joint cross-border proxy voting solution.

09 December 2021

Research/Reporting/compliance

Don’t go extinct - How Wealth Managers can remain relevant

29 November 2021 336 downloads

Research/Reporting/compliance

The Future of ESGTech 2022

26 November 2021 620 downloads

Company update/identity

GBG acquires Acuant

GB Group plc (AIM: GBG), the experts in digital location, identity and identity fraud software, has today announced that it has reached agreement to acquire Acuant, a leading identity verification and KYC/AML compliance provider, for a cash-free, debt-free enterprise value of $736 million. The acquisition of Acuant brings together two of the leaders in the global digital identity market with a combined revenue of c.£265 million.

19 November 2021

News/regulation

FCA selects Aiimi’s Insight Engine for three year contract

Following an extensive evaluation and Alpha testing phase, the FCA has selected UK data firm Aiimi’s Insight Engine to improve the regulator’s data analytics.

10 November 2021

Research/Reporting/compliance

The Future of Wealth Management 2022

10 November 2021 1113 downloads

Company update/sustainable

EY verifies Meniga's carbon footprint calculator

Meniga (www.meniga.com), the global leader in digital banking and personal finance solutions, today announced that the index underpinning its innovative green banking solution ‘Carbon Insight’ - which allows banking app users to track and reduce their carbon footprint - has been reviewed by EY, one of the “Big-4” accounting & professional services firms in the world.

05 November 2021

Research/Reporting/compliance

Addressing the Poverty Premium: A data-led approach

05 November 2021 296 downloads

News/crypto

Former AliPay UK CEO Rita Liu on how regulators are boosting crypto literacy

Finextra sat down with Mode’s chief commercial officer Rita Liu – also former CEO of AliPay UK, to discuss Mode’s recent partnership with trade association CryptoUK, and how market players and regulators are boosting adoption and education around crypto.

03 November 2021

News/sustainable

Accelar launches impact hub to drive nature-positive project investment

Accelar has today launched a Nature Finance Impact Hub, which seeks to drive market confidence in nature-positive projects, by isolating their financial and environmental benefits.

22 October 2021

News/Sibos

Sibos 2021: How can banks take meaningful action on climate change?

With COP26 fast approaching, and the financial industry facing additional costs to comply with government actions on climate change, it needs to start asking itself some tough questions, namely: Are we acting responsibly for the future? Are we driving carbon neutrality in the businesses we finance? Are we acting as an enabler for investments to lower the cost and increase the deployment of low-carbon technologies?

14 October 2021

News/Sibos

Sibos 2021: Digital identity for an interoperable and accessible future

Diving straight in to substantive content on day one of Sibos 2021, Brad Carr, managing director of digital finance at the Institute of International Finance led discussion during the morning panel ‘Digital Identity – Balancing between convenience and trust.’

11 October 2021

Company update/regulation

Willis Towers Watson and ITFA launch harmonised Basel III policy

After three years of effort and numerous negotiations with insurers, banks, law firms and brokage firms, ITFA has released a Basel III policy form which elevates policy wordings and enhances market efficiency based on an original policy form developed by Willis Towers Watson (NASDAQ: WTW).

08 October 2021

News/crypto

China cracks down on crypto transactions

China’s central bank announced a clampdown on cryptocurrency trading on Friday, calling all digital currency activities illegal, and vowed to crack down on the sector.

24 September 2021

News/security

Money 20/20 EU: Navigating the trade-off between trust and value propositions

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

23 September 2021

News/crypto

Binance announces restructure to assuage regulator concern

Cryptocurrency exchange, Binance, is set to centralise its business structure in the wake of intensifying regulatory concern over the firm’s lack of systemic transparency.

17 September 2021

News/regulation

Australian fintechs rail against ‘de-banking’ practices

During a Senate inquiry into “Australia as a Technology and Finance Centre” representatives from three fintech firms criticised Australian banks for their ‘de-banking’ practices, which tend to hit those involved in the crypto sector particularly hard.

10 September 2021