4367 Results from /regulation
Vladimir Ershov Head of Data Science & Machine Learning at Clausematch
How do we reimagine the regulatory framework? In an increasingly interconnected world financial services are rapidly blurring boundaries. They need to constantly keep track of changing regulatory obligations in different jurisdictions, fragmented and differing rules written in different languages and using different taxonomy. One specific area of ...
24 November 2020 /regulation /markets RegTech
Retired Member
Fraud and financial crimes perpetrated against insurers are on the rise. Although the banking industry remains the primary route for money laundering, stricter regulations and improved AML controls within that sector have driven criminals to other channels that may be more vulnerable to money laundering activities. Insurance providers, often less ...
24 November 2020 /regulation /crime Digital Insurance Trends
Matt Neill Managing Director at Beyond
2021 will be a challenging but critical year for financial organisations wanting to deliver change within client onboarding and client lifecycle management (CLM). Covid and the fear of a global recession have dramatically increased the need for digital transformation, automation and streamlined processes, and there is no doubt that banks have to r...
24 November 2020 /regulation /wholesale Operational Risk Management
Joris Lochy Product Manager at Intix | Co-founder at Capilever
With regulators worldwide becoming more and more demanding and processes to get licensed becoming more and more costly and complex, obtaining a license from a regulatory authority has become a full business in its own. Not only are there (lawyer) firms (such as FLA = Financial Licensing Advisors, Simont Braun, Four & Five…) specialized in comp...
23 November 2020 /regulation Banking Regulations
Anna Monteiro Global Head of Business and Product Development at www.solutions-atlantic.com
On 10 July 2020, the SEC released for comment a proposed rule that would change the reporting threshold for Form 13F from $100 million to $3.5 billion for institutional investment managers. The SEC thought it was a good time to increase the threshold which was established 45 years ago to reflect the change in size and structure of the U.S. equitie...
18 November 2020 /regulation /markets Financial Services Regulation
Almost every sector in the UK has faced unprecedented disruption in 2020 and the finance sector is no different. In particular, businesses operating in this industry have had to overcome a series of obstacles to ensure they can still deliver when it comes to customer service. Contact centre staff have been forced to work remotely and agents have h...
18 November 2020 /regulation /people
Peter Jones Chairman at PSE Consulting
By Peter Jones, Chairman 16 November 2020 Regulatory investigations often try to improve the degree of competition within a market (see recent UK Payment Systems Regulator Interim review of UK Acquiring). A typical recommendation is to mandate suppliers to increase price transparency by publishing their prices, enabling consumers and small busine...
16 November 2020 /payments /regulation
Arnaud Crouzet Vice President, Business Consulting at Consult Hyperion
The newly-established European Payments Initiative promises a new vision of payments. Innovative use cases will be made available to consumers across Europe for the first time. There’s strong backing for the project already among financial institutions and the European Central Bank, making it likely to succeed. With the first phase due to start in...
11 November 2020 /payments /regulation The future of Payments in Europe
Read Previous Blog, Part 1 - Insurance underwriting is a critical differentiator between the leaders and the laggards when one looks at it from an operational performance lens. We’ve drafted this 2nd part for Underwriters who are ready to disrupt, evolve, and drive significant tangible impact across their organization. Building superior Customer
10 November 2020 /regulation /devops Artificial Intelligence and Financial Services
In the past two years regulators in some jurisdictions (most notably the Nordics, UK and the Netherlands) have started to increasingly focus on the quality and completeness of existing client records—including documentation of risk assessment. One of the greatest challenges with these situations is that they create overnight urgency to act. Once th...
09 November 2020 /regulation /identity Banking Strategy, Digital and Transformation
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