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Latest /regulation expert opinions

Ben Parker

Ben Parker CEO at eflow uk ltd

Navigating the perfect storm: global shocks, technological evolution, and the new regulatory maze

The global financial landscape is currently battling a variety of simultaneous shocks that have made it vulnerable to market abuse. In March of last year, Fabio Panetta, of the European Central Bank’s Executive Board, delivered a speech where he declared that we are in the wake of a series of global shocks. From events such as the pandemic, supply...

/regulation /crime RegTech

Abhinav Paliwal

Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform

Transforming Cross-Border Payments with Open Banking APIs

The era of tiresome, hidden cross-border payments is ending, giving way to a smooth, digitized future powered by open banking APIs. This blog explores how these new connections alter the financial environment, giving your bank unprecedented growth and consumer happiness. Imagine a future where : Sending money across borders feels as easy as send...

/payments /regulation Finextra site news

Paul Holland

Paul Holland CEO at Beyond Encryption

Will the ‘Pots for Life’ scheme solve the UK’s pension crisis?

The UK is currently in the midst of a pension fund crisis. With state pensions now funded on a pay-as-you-go basis, the average life expectancy rising and the cost-of-living crisis worsening, pensioners are feeling the pressure. Consequently, we’re now seeing a rise in private pensions, but these are not enough to resolve the issue. In addition, ...

/regulation Regulatory Reporting

Satyam Kumar

Satyam Kumar Senior Software Engineer | Innovation Team | at GSC-India Societe Generale Bank

Gen AI: Ethics and Regulations

In this epoch of AI, serious questions about regulations and laws for AI are being raised but why now, and if not now, what will be the consequences. The question seems valid since we have been working and utilizing AI in many forms like probabilistic estimation studies of Economics to Video games for the last 70 years after the name Artificial In...

/regulation /people Artificial Intelligence

Retired Member

Retired Member 

Private market firms struggle to balance growth and operational spend

From 2008 to 2022, private funds enjoyed turbocharged growth when their assets under management (AUM) soared five-fold to reach $13 trillion. The AUM metric came to rival returns as the golden benchmark of success and drove a surge in compensation for general partners and their teams. Money rolled into private markets, and with channels to private...

/regulation /markets Innovation in Financial Services

Nitya Srinivas

Nitya Srinivas Domain Consultant at TCS

UK Pension Dashboard – Opportunities to enhance customer experience

Abstract The current macro-economic situation and high inflation has made individuals concerned whether their savings and pensions will be adequate for a comfortable retirement income. This concern is compounded by the fact that there is no consolidated view available to them across all the pension plans and no simple way to trace “lost” pensions....

/regulation Financial Services Regulation

Helen Child

Helen Child Founder at Open Banking Excellence

Happy Sixth Birthday to Open Banking!

Open Banking celebrated six years young on the 15th of January, making this the perfect time to give the industry a JROC (Joint Regulatory Oversight Committee) update. As we look ahead in Open Banking, JROC has been our guiding North Star. The JROC committee, having commenced their ambitious work in June 2023, has already proven essential in helpi...

/payments /regulation Open Banking

Luigi Wewege

Luigi Wewege President at Caye International Bank

Navigating the Grey Zone: The Double-Edged Sword of Anonymous Messages in Market Dynamics

Information has become as valuable as currency in the current financial sector globally, especially in investment circles. As such the impact of anonymous messages on market dynamics has become a topic of immediate concern. Recent events have thrust this issue into the limelight, highlighting the urgent need for a deeper understanding of how undis...

/regulation /markets Financial Services Regulation

Hugo Chamberlain

Hugo Chamberlain COO at smartKYC

The Evolution of KYC to KYX: Understanding Your Counterparties

In the realm of financial services and beyond, ‘Know Your Customer’ (KYC) has long been a foundational principle. Initially implemented as a means of combating money laundering, terrorist financing, and fraud, KYC procedures have ‌traditionally centred around verifying the identity of individual customers. But, as the business landscape has grown ...

/regulation /crime RegTech

Saloni Ramakrishna

Saloni Ramakrishna Author; Senior Director at Oracle

COP commitments, Climate finance and Climate Risk – A Connected Continuum

The recently concluded COP 28 has, once again, flood lighted the need for focused and positive action to facilitate movement towards a low carbon ecosystem and therefore a sustainable future for all. A crucial decision made at COP 28, as relevant to this article, is the need to reduce Greenhouse Gases by 43% by 2030 and 60% by 2035 (relative to th...

/regulation /sustainable Banking Strategy, Digital and Transformation

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