211 Results from 2021, /regulation
Retired Member
With the UK now out of the EU, the drive towards equivalence is giving way in favour of regulatory divergence. What will this mean for the UK financial sector? While the EU is pushing towards harmonisation of regulations around the world, the UK sees Brexit as a chance to restore power and give more discretion to their own regulators. This, it is
23 June 2021 /regulation
Peter Ku P & Chief Industry Strategist - Financial Services at Informatica
The 25th May marked the third anniversary of GDPR – and in many ways, it’s hard to believe it’s been three years. Precisely 661 fines since the regulation’s arrival have been issued, and many data protection ‘unknown unknowns’ remain for UK financial services organisations. It is common for data protection officers and cyber security specialists i...
14 June 2021 /regulation /cloud Data Management 101
Richard Blore Chief Executive Officer, KY3P, IHS Markit at IHS Markit
Social and Governance in the supply chain The focus on non-financial, Environmental, Social and Governance (ESG) data and metrics continues to increase across all industries and regions. Both public and private companies are under increasing pressure from investors, civil society and governments to make ambitious public commitments covering all as...
11 June 2021 /regulation /sustainable Financial Supply Chain
Spanish consumers have recently had the ability to pay for purchases in installments. Traditional in-store arrangements allow consumers to pay for purchases over time, and some retailers like El Corte Inglés or Media Markt have offered interest-free or deferred payment options for many years. In recent years, newer types of electronic installment ...
11 June 2021 /payments /regulation BNPL
Richard Kalas Client Solutions Director for Retail Banking at GFT Group
Like its predecessor open banking, open finance aims to promote competition among financial providers, drive digital innovation and promote new, open, data-driven services. The ultimate beneficiaries are customers who should enjoy greater access to enriched and tailored products and favourable pricing models customised for the individual’s needs. ...
10 June 2021 /regulation /retail Banking Strategy, Digital and Transformation
As businesses recover from COVID-19 they find themselves balancing new demands from regulators with rapidly changing business models. As businesses are recovering from COVID-19 they face a much-changed world. The pandemic highlighted the need for action on operational resilience, and regulators have seemingly moved as one to require a new appr
09 June 2021 /regulation /covid-19
Rick Goud CIO at Zivver
When speaking to IT professionals in the finance sector about email security, they are often unaware that the majority of data leaks are caused by employee behaviour. Latest security incident reports from UK privacy regulator the Information Commissioner’s Office (ICO) quantify the extent of the problem. Its Q3 and Q4 figures show that from 1 Oc...
08 June 2021 /security /regulation Information Security
In April 2021, the EU proposed new regulation around the use of AI. Despite having left the EU, it remains the case that the UK lending market is intrinsically linked to the European banking sector and that the requirements of larger trading blocs tend to dictate the likely direction of travel for smaller markets such as the UK. Because of this, w...
08 June 2021 /regulation Artificial Intelligence and Financial Services
After nearly five years of experimentation, blockchain has reached an important milestone in financial services. This year, several distributed ledger technology platforms are either running live or preparing to launch. As the industry starts to transition from its initial stage of research and development to this new phase of operations and growt...
07 June 2021 /regulation /markets Fintech
Keith Stonell Managing Director, EMEA at Guidewire
The seriousness with which insurers take Environmental, Social, and Governance (ESG) issues has come under increasing scrutiny in recent years. As both investors and underwriters, insurers occupy a central role in the global economy that gives them significant influence over the business activities of others. With the increasing risks associated ...
04 June 2021 /regulation /sustainable Financial Risk Management
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.